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3dbacks
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When I was digging and digging in my Bank ( here in Croatia my bank is Raiffeisen BANK Austria) they sad that The Bank of New York or New York Bank, not remember any more, is mine Intermediary Bank and they took my money…. I lost my nerve so now I’m with moneybookers… :)

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vaynah
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So when does it become cheaper to send via Bank rather than PayPal/moneybookers?

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AlexZlatev
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So when does it become cheaper to send via Bank rather than PayPal/moneybookers?
in my opinion SWIFT is better because its safer and sometimes Paypal and MB have strange buy/sell ratio between different currency
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Farley_Design
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So when does it become cheaper to send via Bank rather than PayPal/moneybookers?
in my opinion SWIFT is better because its safer and sometimes Paypal and MB have strange buy/sell ratio between different currency

If your bank accepts payments in dollars (it should), set moneybookers/paypal to dollars too, you can save a decent amount on conversion. My total fee is always below $5 :)

1121 posts inlifethrill
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InlifeThrill
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If you are earning above 1.5-2K$ (or similar) I’d recommend to cut the middle man and go with swift. Nothing is more secure or quicker for the moment. At least that’s what I reckon..

-inlife

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Altaf_ajju
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So when does it become cheaper to send via Bank rather than PayPal/moneybookers?
in my opinion SWIFT is better because its safer and sometimes Paypal and MB have strange buy/sell ratio between different currency
If your bank accepts payments in dollars (it should), set moneybookers/paypal to dollars too, you can save a decent amount on conversion. My total fee is always below $5 :)

Can you explain more on this, Have you done this with your account? Cuz I couldn’t find any option to withdraw in Dollars.

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EFEKT_Studio
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If you are earning above 1.5-2K$ (or similar) I’d recommend to cut the middle man and go with swift. Nothing is more secure or quicker for the moment. At least that’s what I reckon.. -inlife

What you mean cut? It seems like we cannot pass the middle guy.

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InlifeThrill
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If you are earning above 1.5-2K$ (or similar) I’d recommend to cut the middle man and go with swift. Nothing is more secure or quicker for the moment. At least that’s what I reckon.. -inlife
What you mean cut? It seems like we cannot pass the middle guy.

I mean cut paypal, moneybookers etc.. and have the $ on the next day in your bank account. With paypal’s restriction of 500(currency) per day it would take you a week to process 5k for example.. and from that point on there are extra 3-4 days until they are in your bank account. Additionally you have paypal fee for each 500(currency) they process.. + exchange rate loss. I may be wrong of course..

-inlife

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Balistique
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If you are earning above 1.5-2K$ (or similar) I’d recommend to cut the middle man and go with swift. Nothing is more secure or quicker for the moment. At least that’s what I reckon.. -inlife
What you mean cut? It seems like we cannot pass the middle guy.

I mean cut paypal, moneybookers etc.. and have the $ on the next day in your bank account. With paypal’s restriction of 500(currency) per day it would take you a week to process 5k for example.. and from that point on there are extra 3-4 days until they are in your bank account. Additionally you have paypal fee for each 500(currency) they process.. + exchange rate loss. I may be wrong of course..

-inlife

+1

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EFEKT_Studio
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Well, I used payoneer before swift. Even with almost a $100 fee I prefer swift. You just have somewhat better control over your funds on local bank account. Not to talk about false conversion rate on payoneer.

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