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  1. #1

    Default moneybookers and canadian accounts

    Hi,

    was checking out the moneybookres website and it mentioned withdrawals require a SWIFT code. For those familiar with canadian banks, specifically scotiabank: do you know if there are any deposit/withdrawal charges imposed?

    thanks for the help

  2. #2

    Default

    Quote Originally Posted by jimbb View Post
    Hi,

    was checking out the moneybookers website and it mentioned withdrawals require a SWIFT code. For those familiar with canadian banks, specifically scotiabank: do you know if there are any deposit/withdrawal charges imposed?

    thanks for the help
    Scotiabank will likely charge $10 for receiving a wire from Moneybookers. I know Royal Bank (RBC) charges $15 & CIBC charges $10 for this. I really wish Moneybookers was able to use "***************" or "eft" for sending funds to Canadian banks the same way ********** does (& Neteller used to), its faster and costs nothing to receive money this way.

    The "SWIFT" code for Scotiabank is: NOSCCATT

  3. #3

    Default

    thanks. are you aware of the wire transfer fees for canadian banks?
    i tried to email them but they are very slow in responding.

    and from what ive seen wire transfers online are impossible on scotiabank. all i see is debit transfers. does your canadian account allow wire tansfers? i may need to switch

    thanks

  4. #4
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    Default

    All canadian banks allow wire transfers. It's the cost of those transfers that eats ya up. TD charges $10 for a wire to come in.

  5. #5

    Default

    thanks. is it similar going out you think? i dont want end up paying 100+ for transfers

  6. #6

    Default

    Moneybookers allows you to fund your account with a wire transfer OR a CC (****). I believe they charge 1.9% to fund with a CC and your bank likely charges between $35-$40 to send a wire transfer.

    The way I avoid fees is to use ** to fund my Pinnacle account, Pinny reimburses the $15 fee if you send $1000 or more, you can then request a payout from Pinny via Moneybookers and have a balance in your Moneybookers account, of course you should give Pinny some action.

    You should also consider **********, combined with Moneybookers and you're good to go.

  7. #7

  8. #8

    Default

    thanks for all the help. one last question. on betfair canada site it states it allows debit transfers. not sure if it means uk or canadian debit cards

    has anyone tried any canadian debit cards? i have a scotia one. would prefer using that than a CC. thanks

  9. #9

    Default

    They accept UK issued debit cards, not the ones from Canada.
    You will have to use a **** CC or Moneybookers to fund your Betfair account.

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