Changes coming to the SBR Points program, August 1st.

[SBR Lou]

Hmm, points delivered to my account but still no option in the store to sell them.

It's not up yet, it's in the process of being implemented. We'll report back as soon as its there.

Congrats on being the 1st to purchase!

[benjy]

Sweet, the sell points option is up. Same price as the buy. Very nice.

Just placed my "sell" order. This is a great option (Pinny for me). Thanks SBR.

[benjy]

Cash credited to my Moneybookers already. Sweet. Great service by both the SBRstore and Moneybookers.

Thanks again.

[thirtytwo]

Im outside US and i have MB account, but its in US dollars. I assume if i decide to buy/sell points i pay in $ equivalent?

[benjy]

Im outside US and i have MB account, but its in US dollars. I assume if i decide to buy/sell points i pay in $ equivalent?

That's the way it worked for me.

[thirtytwo]

That's the way it worked for me.

Okay, cool.

[BigDaddy]

Edit by Lou: The fix for that is already ready, but it's being integrated to our live servers Monday for our weekly update.

____

why does this even show up anymore?

seems like wasted material

471A83 8/04/2011
1:21 PM First post of the day SBR BigDaddy Loyalty Reward +0

[Krashman]

Lou, is there any chance we could have an option to buy and sell points in EUR or USD?

Lots of non US gamblers who have been around a few years have online e-wallet accounts in USD.

If I sell points and receive EUR, moneybookers charges outrageous hidden fee, added into their exchange rate, to convert those EUR into my account currency USD...

[SBR Lou]

Lou, is there any chance we could have an option to buy and sell points in EUR or USD?

Lots of non US gamblers who have been around a few years have online e-wallet accounts in USD.

If I sell points and receive EUR, moneybookers charges outrageous hidden fee, added into their exchange rate, to convert those EUR into my account currency USD...

Hi Krashman,

Thanks for the question. We will try to get USD added in the future.

We do have the following term listed:

• SBR will not reimburse any standard Moneybookers imposed transaction fees.

[Krashman]

Hi Krashman,

Thanks for the question. We will try to get USD added in the future.

We do have the following term listed:

SBR will not reimburse any standard Moneybookers imposed transaction fees.

Yeah, saw that.

Hence the request for USD option...

Thanks Lou!

[Wulfman14]

Lou, is there any chance we could have an option to buy and sell points in EUR or USD?

Lots of non US gamblers who have been around a few years have online e-wallet accounts in USD.

If I sell points and receive EUR, moneybookers charges outrageous hidden fee, added into their exchange rate, to convert those EUR into my account currency USD...

yea mine is in usd also. i'll wait until you can buy and sell points in usd cuz moneybookers will charge for the currency exchange other wise .

[Wulfman14]

benjy what were the fees charged by moneybookers when you purchsased and sold your pts in euro? you said your mb account is in usd right ? just curious.

if its negligible than i'll make a purchase right now.

[BigSpoon]

benjy what were the fees charged by moneybookers when you purchsased and sold your pts in euro? you said your mb account is in usd right ? just curious.

if its negligible than i'll make a purchase right now.

Its costs 0.50EUR to send money and they also charge you 1.99% foreign currency conversion on the amount you send.

You also get charged the 1.99% when you receive funds in USD. Will prob cost you around $3.50-$4.00 for each 2K points you sell for cash.

[INVEGA MAN]

Thanks for clearing this up. Didnt understand it but now i do

[SBR_John]

I think the Euro is the way to go. You can set up a Euro account at your bank or set up a bank account just for Euros. Even if you deal mostly in something else there are plenty of opportunities to buy and sell with Euros and eliminate the currency charges.

[benjy]

benjy what were the fees charged by moneybookers when you purchsased and sold your pts in euro? you said your mb account is in usd right ? just curious.

if its negligible than i'll make a purchase right now.

Yep, that's the setup.

No extra fees, but they certainly ding you on the exchange rate:

14.66 USD to buy 10 euro; 1.46 to 1 exchange
310 euros bought turned into 427.25 USD, 1.378 exchange rate

Poor, but not terrible (compared to dealing w/ typical Canadian banks)

[benjy]

I think the Euro is the way to go. You can set up a Euro account at your bank or set up a bank account just for Euros. Even if you deal mostly in something else there are plenty of opportunities to buy and sell with Euros and eliminate the currency charges.

Perhaps, but I don't think Moneybookers lets you set up multiple accounts. For those of us that deal in USD that's what we need, regardless of other currency exchange options, in order not to get dinged by poor exchange rates. Especially, when we may get the ding twice, once depositing and once withdrawing.

[chachi]

yes they do benjy, I have EUR and GBP accounts with them atm