Moneybookers Instant Money Transfer Review
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Foreign Exchange Broker Information

Moneybookers enables any business or consumer to securely and cost-effectively send and receive payments online with his email address ­ in real-time!

Moneybookers delivers a product ideally suited for small businesses, online merchants, individuals and others currently underserved by traditional payment mechanisms. As a truly global payment solution, Moneybookers welcomes customers from all over the world.

Money Transfers from Credit Card: 1.9% credit card company processing fees
Money Withdrawal to a Bank Account: Approx. £1.40 (EUR 1.80) bank processing fee
Money Withdrawal via Cheque: Approx. £2.80 (EUR 3.50) cheque issuing fee

Moneybookers follows strict low-cost and fully transparent price policy. In addition to the standard fee of a maximum of £0.40 per transaction, customers will be charged the following transaction fees due to processing costs from third parties:

A standard remittance transaction like sending money from one bank account to another costs a maximum of £1.80 with Moneybookers.

For transactions involving currency conversion, Moneybookers charges a 1.75% spread on wholesale market rates.

Moneybookers is a leading international online payment system and electronic money issuer authorized under UK and EU law and regulated by the Financial Services Authority (FSA) in the UK.