Money Bookers Review

Sports betting online banking with Moneybookers

An obvious concern about conducting any transaction on the internet is that it is safe. Especially if you are using a credit card to make transactions on the web. Moneybookers is a good way of keeping your credit card details completely secure when dealing with bookmakers and any online transaction in fact.

If you are from the UK you may be interested to know that Moneybookers is registered with the Financial Services Authority. Moneybookers Ltd. is authorised by the FSA to issue electronic money as a specialised electronic money issuer subject to regulatory requirements and supervision.

Citizens of the USA can not use Moneybookers for sports betting, or gambling in general.

The benefits of moneybookers

• Except lots of different currencies and the website is translated into many different languages
• Easy way to send and receive money and shop online
• virtually instant cash transfers and online payments
• Low fees - compared to other methods of money transfer
• Excellent level of security
• Handle all your money transactions from single account
• If you are experiencing problems with funding any account using a credit card you can use moneybookers!

If you are opening a number of betting accounts with bookmakers Moneybookers is the place to keep all you withdrawals and deposit in one place.

You can use Moneybookers with all the betting bookmakers mentioned on this site.

How easy are online payments with Moneybookers?

Moneybookers aims to provide the most convenient global payment service on the Internet. Below are just some features which make our service easy to use:

• Once registered with Moneybookers, all you need is your email address and password to make payments.
• You can send money worldwide to anyone with an email address – even if the recipient does not have a Moneybookers account yet.
• Moneybookers provides a localised service with 12 supported languages and domestic payment options in over 30 countries.
• All your transactions can be found in the history section of your account which can be accessed at any time. This data can be exported to an excel file if you want to have a digital copy of your Moneybookers transactions.
• Shop online safely wth more than 200000 online shops.

How much does Moneybookers cost

One of the principles of Moneybookers is to be extremely competitve with pricing. A reason the company is so popular (over 4.7 M users) is that it makes transferring money affordable to people globally. For example, it is free to make local payment (upload funds) in the UK by bank transfer, debit card and by cheque. You can upload money by bank transfer for free from all countries. Internation money transfers are very inexpensive and there are set charges for withdrawal.

Visit the Moneybookers website and look at the fee section for details.

You may be interested in the free bet offers available from bookmakers which use Moneybookers.

Moneybooker tips before signing up

When using any kind of online payment system it is always good practive to minimise your fees. This is especially try if you are sports betting trader.

How can you minimise your Monoeybooker fees?

Keep your Moneybookers account in one currency. You are charged for currency conversions, so you can limit your fees by not switching currencies too often. Thought needs to be given to which currency you will use with the bookmakers, or casinos, or whatever! This is important becuase once you sign up you can not change the currency (and you can't have multiple accounts).

Consider withdrawing by cheque. This can save fees depending on how quickly you need the money and how much you want to withdraw.