Canadians use MoneyBookers????

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  • cyberinvestor
    SBR MVP
    • 04-30-10
    • 1952

    #1
    Canadians use MoneyBookers????
    Do any Canadians use Moneybookers? I know Neteller won't allow Candians to use their service for gaming but I could find anything whether Moneybookers allows Canadians to use gaming transactions? Thanks for the help!
    Today is the tomorrow we worried about yesterday.
  • thespeculator
    SBR MVP
    • 09-09-08
    • 2999

    #2
    yes you can use it but several banks like scotia won't allow credit or bank wires or will accept payouts from them, i would recommend cibc amongst the big banks , no problem depositing or payouts, desjardins works also and if you are on the west coast , van city credit union,
    Comment
    • thespeculator
      SBR MVP
      • 09-09-08
      • 2999

      #3
      i think bmo also works fine for sending wires and cc and getting payouts
      Comment
      • mikeyg
        Restricted User
        • 02-25-10
        • 399

        #4
        I always had headaches with them because i found their customer service lousy. You can Use ATB bank if you are in Alberta
        Comment
        • xKMACKx
          SBR MVP
          • 11-16-08
          • 1274

          #5
          I use Instdbt without any issues
          Comment
          • mrmarket
            SBR MVP
            • 01-26-10
            • 4953

            #6
            Set it up in USD unless you want to eat exchange fees everytime you move it around. I don't think it can be switched if you start it in CDN. I used to have TD borderless accounts before i was booted and it worked well for saving fees so you might try that.
            Comment
            • cyberinvestor
              SBR MVP
              • 04-30-10
              • 1952

              #7
              Thanks for all the info! Really appreciated!
              Today is the tomorrow we worried about yesterday.
              Comment
              • AimingHigh
                SBR Wise Guy
                • 06-12-09
                • 670

                #8
                mrmarket, if you become Moneybookers VIP, you can have 2 or 3 accounts with them in different currencies. You might want to inquire into that by e-mailing vip@m... if the currency conversion costs have become an issue/inconvenience.
                Comment
                • jairocon
                  SBR Sharp
                  • 05-30-10
                  • 446

                  #9
                  You have to have at least 5000 EUR outgoing transactions/month to become a vip.
                  Comment
                  • Tackleberry
                    SBR Sharp
                    • 12-01-10
                    • 441

                    #10
                    Originally posted by thespeculator
                    i think bmo also works fine for sending wires and cc and getting payouts
                    I can confirm BMO will accept moneybookers transactions.
                    Comment
                    • byronbb
                      SBR MVP
                      • 11-13-08
                      • 3067

                      #11
                      Works fine with RBC.
                      Comment
                      • cyberinvestor
                        SBR MVP
                        • 04-30-10
                        • 1952

                        #12
                        Thanks. All the info is greatly appreciated. I think I am going to signup this weekend and I know the bank thanks to all the help here!
                        Today is the tomorrow we worried about yesterday.
                        Comment
                        • Stumpage
                          SBR MVP
                          • 09-21-05
                          • 2906

                          #13
                          TDCanadatrust is also a 'go' at this time for Moneybookers transactions into and out of your account; However it is my understanding that TD CC transactions will not be processed.....
                          Comment
                          • bookie
                            SBR MVP
                            • 08-10-05
                            • 2112

                            #14
                            Can Americans have a Moneybookers account? I know we can't use it to deposit into sportsbooks, but do they accept US users for other purposes? Also, does MB allow client-to-client transfers?
                            Comment
                            • dazed99
                              SBR High Roller
                              • 11-02-09
                              • 103

                              #15
                              I've used it before but didn't like the double hit on fees when withdrawing to bank account. On top of the withdrawal fee charged from Moneybookers, I also get charged $10 from the bank for incoming wire. I now look for books that offer Ins ta de bit. No fees deposit or withdrawal.
                              Comment
                              • thespeculator
                                SBR MVP
                                • 09-09-08
                                • 2999

                                #16
                                Originally posted by dazed99
                                I've used it before but didn't like the double hit on fees when withdrawing to bank account. On top of the withdrawal fee charged from Moneybookers, I also get charged $10 from the bank for incoming wire. I now look for books that offer Ins ta de bit. No fees deposit or withdrawal.
                                if you use cibc you won't have that incoming hit, altleast i haven't so far, maybe it is because my amounts are small, so far so good
                                Comment
                                • dazed99
                                  SBR High Roller
                                  • 11-02-09
                                  • 103

                                  #17
                                  Originally posted by thespeculator
                                  if you use cibc you won't have that incoming hit, altleast i haven't so far, maybe it is because my amounts are small, so far so good
                                  I used TD US account
                                  Comment
                                  • thespeculator
                                    SBR MVP
                                    • 09-09-08
                                    • 2999

                                    #18
                                    insta is better when it comes to fees, and it is usually in your bank account in 48 hours

                                    moneybookers exchange rate is total robbery
                                    Comment
                                    • mrmarket
                                      SBR MVP
                                      • 01-26-10
                                      • 4953

                                      #19
                                      Originally posted by thespeculator
                                      insta is better when it comes to fees, and it is usually in your bank account in 48 hours

                                      moneybookers exchange rate is total robbery
                                      That's why you try to hook MB account to US CHQ account with USA routing number. Canada based US accounts get hit with exchange everytime. TD borderless is the easiest option but i think RBC Centura is another choice, or simply going across border and opening at a branch there. Hook USA account with XE.com with your CDN chqing. Saves quite a bit if you transfer decent amounts with regularity.
                                      Comment
                                      • thespeculator
                                        SBR MVP
                                        • 09-09-08
                                        • 2999

                                        #20
                                        Originally posted by mrmarket
                                        That's why you try to hook MB account to US CHQ account with USA routing number. Canada based US accounts get hit with exchange everytime. TD borderless is the easiest option but i think RBC Centura is another choice, or simply going across border and opening at a branch there. Hook USA account with XE.com with your CDN chqing. Saves quite a bit if you transfer decent amounts with regularity.
                                        thanks , as the dollar is rising like crazy, it is time to get a usd account
                                        Comment
                                        • AribaAriba
                                          SBR MVP
                                          • 04-03-09
                                          • 2922

                                          #21
                                          just play in pinny or any euro books i think. USD is not going to be the reserved currency anymore and its on the brink of devaluing. Im just about waiting to cash in a 2k USD check from Legends and im expecting to pay atleast 100USD to be cut of by these exchange to convert to CAD.
                                          Comment
                                          • cyberinvestor
                                            SBR MVP
                                            • 04-30-10
                                            • 1952

                                            #22
                                            Originally posted by AribaAriba
                                            just play in pinny or any euro books i think. USD is not going to be the reserved currency anymore and its on the brink of devaluing. Im just about waiting to cash in a 2k USD check from Legends and im expecting to pay atleast 100USD to be cut of by these exchange to convert to CAD.
                                            While using US Dollars makes this easy across books and such, the value is a concern with how the Fed is printing money. Being in Canadian dollars might even be worth the bad exchange at MB.
                                            Today is the tomorrow we worried about yesterday.
                                            Comment
                                            • SpreadSniper
                                              SBR Hall of Famer
                                              • 02-17-09
                                              • 6125

                                              #23
                                              Originally posted by thespeculator
                                              yes you can use it but several banks like scotia won't allow credit or bank wires or will accept payouts from them, i would recommend cibc amongst the big banks , no problem depositing or payouts, desjardins works also and if you are on the west coast , van city credit union,
                                              no probs depositing/withdrawing with Scotia on my end
                                              Comment
                                              • bracerman
                                                SBR Sharp
                                                • 01-07-11
                                                • 469

                                                #24
                                                Originally posted by cyberinvestor
                                                While using US Dollars makes this easy across books and such, the value is a concern with how the Fed is printing money. Being in Canadian dollars might even be worth the bad exchange at MB.
                                                No crap. While everyone around me is jumping across the border to shop with the high dollar. I'm watching my br shrivel bit by bit every day.
                                                Comment
                                                • cyberinvestor
                                                  SBR MVP
                                                  • 04-30-10
                                                  • 1952

                                                  #25
                                                  Originally posted by bracerman
                                                  No crap. While everyone around me is jumping across the border to shop with the high dollar. I'm watching my br shrivel bit by bit every day.
                                                  Over the next 2-3 years that shrivel may get a lot faster. Be careful!
                                                  Today is the tomorrow we worried about yesterday.
                                                  Comment
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