Moneybookers

Moneybookers is today one of Europe’s largest online payment providers for international online payments. Individuals can easily use their secure online systems to send money to friends or family or alternatively transfer money into your own bank account.

Fees for using this service are minimal; you will only pay a maximum of €0.50 for sending money to other people when funded the transaction with a bank transfer or with one of their free local payment options. If you are planning to send money to your own bank account abroad the maximum fee you will pay is €1.80 again if funding the transaction via a bank transfer or with one of their free local payment options. DO check with Moneybookers when carrying out a transaction using your credit or debit card as fees will be more.

Main Features

• Personal services available
• Instant money transfer
• Receive money free of charge
• Regulated by the Financial Services Authority

Transactions

In order to carry out a transaction with Moneybookers firstly you will need to open an account online. Account opening is completely free and no obligation.

• You will receive an email confirming your new account and will be asked to confirm your email address before you can upload funds into the account via bank transfer or credit/debit card.
• Once funds have been successfully uploaded you will be able to send money to anyone with an email address.
• A full list of all websites that use Moneybookers as a method of payment can be found online in Moneybookers shopping directory.

Compare the features of Moneybookers against other UK leading money transfer firms in our easy-to-use comparison table here.