MicrostockGroup
Microstock Photography Forum - General => Microstock Services => Topic started by: leaf on September 25, 2009, 01:44
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Well in an effort to lower my fees (http://www.microstockgroup.com/general-stock-discussion/how-to-get-your-earnings-with-the-least-possible-fees/) I am planning on setting up a Moneybookers account. I see they have a referral program, so does anyone want to refer me?
I'll choose a link from this thread within the next 10 minutes from the person with the most posts on MSG.
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Leaf, here you go: https://www.moneybookers.com/app/?rid=5201740 (https://www.moneybookers.com/app/?rid=5201740)
Thanks!
Denis
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thanks - I signed up under you. I hope you get a few $$'s from me.
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Good stuff! :)
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Thank you Leaf! To be honest I didn't know about their referral program until you told me. Anyway, thank you for signing up! :)
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Is moneybookers a good way to lower the fees? (euro conversion)
what are the numbers compared to Paypal?
Thank you for your advices!
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Moneybookes fees:
https://www.moneybookers.com/app/help.pl?s=fees (https://www.moneybookers.com/app/help.pl?s=fees)
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Whitechild,
This table isn't completely accurate. When I withdraw money to my UK bank account, above a certain value (EUR350, I believe) the fee is higher than the EUR$1.80 they show there. This is because this is my secondary account - the primary account must be in your country of residence.
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Whitechild,
This table isn't completely accurate. When I withdraw money to my UK bank account, above a certain value (EUR350, I believe) the fee is higher than the EUR$1.80 they show there. This is because this is my secondary account - the primary account must be in your country of residence.
Adelaide, I didn't fully understand why you have UK bank account? I have only Serbian bank account, and MB is sending me money on this account.
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Yes, I have a UK bank account. If I used my Brazilian account I would incur in very high fees (local, not MB's).
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Is moneybookers a good way to lower the fees? (euro conversion)
what are the numbers compared to Paypal?
Thank you for your advices!
I wrote more in another thread (http://www.microstockgroup.com/general-stock-discussion/how-to-get-your-earnings-with-the-least-possible-fees/msg117168/?topicseen#new) but the difference in price is fairly insignificant. On exchanging $5000 you save just under $4.00 by using money bookers (as far as I can tell).
The difference comes if you have a US$ account in your local bank. Paypal doesn't let you transfer US$ to a foreign country, while MoneyBookers does - letting you avoid the conversion within MoneyBooker or Paypal. On the other hand.. perhaps they don't. I just opened a MB account and am playing around with it and it says
Withdrawal requests are always carried out in NOK.
(NOK is norwegian kroner)
ahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh :(
back to plan B ... or C
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Thanks Leaf for your answer.
I was reading the another thread too.
I have also a moneybookers account that I don't use, I will keep using Paypal, since the difference is insignificant, as I thought.
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I don't understand, Leaf. Don't you want to receive the money in your bank in Norway?
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@ lead: you can register more than one bank account with MB. The first one has to be in your home-country, all others can be spread around the world. Get yourself a bank account in the currency of your MB account and register it. It should work.
If you want your money come to Norway without extra fees, and your MB-account is in EURO, just talk to the norwegian administration and ask them to join the EURO ;) (just kidding, but give it a try anyway, IŽd like to travel to Norway some day and I hate currency exchanges)
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Leaf, you can receive it to your US$ bank account.
There is no currency conversion, so you do save some money! You were right about your initial thought!
Is moneybookers a good way to lower the fees? (euro conversion)
what are the numbers compared to Paypal?
Thank you for your advices!
I wrote more in another thread ([url]http://www.microstockgroup.com/general-stock-discussion/how-to-get-your-earnings-with-the-least-possible-fees/msg117168/?topicseen#new[/url]) but the difference in price is fairly insignificant. On exchanging $5000 you save just under $4.00 by using money bookers (as far as I can tell).
The difference comes if you have a US$ account in your local bank. Paypal doesn't let you transfer US$ to a foreign country, while MoneyBookers does - letting you avoid the conversion within MoneyBooker or Paypal. On the other hand.. perhaps they don't. I just opened a MB account and am playing around with it and it says
Withdrawal requests are always carried out in NOK.
(NOK is norwegian kroner)
ahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh :(
back to plan B ... or C
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I don't understand, Leaf. Don't you want to receive the money in your bank in Norway?
Yeah I do, but if I don't spend all of it I don't necessarily want to convert it right away. The American dollar is really low right now.