Moneybookers Poker Withdrawal

Introduction

Moneybookers is an e-wallet system that enables you to make payments over the internet without the trouble of entering your financial information each time. When you register for it, you link either your bank account or credit card and transfer some money into it and provide the Moneybookers details. This is not only convenient but also safe as your credit card information is protected by the secure systems. Moneybookers is recognized by a lot of poker rooms on the internet and that support makes it so much more convenient for you to play poker over the internet.

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How it works

Once you register for a poker account, you will be asked to deposit some money to start playing. You have to choose your payment method as Moneybookers, enter the details and authorize the payment from your Moneybookers account. Once this is done, transferring the money is almost instantaneous and you can start playing.

When you have won enough money through poker, it is time to withdraw. Again, just specify Moneybookers as the client and enter the amount you wish to withdraw. The money will then be transferred to your moneybookers account. This process takes about 2 business days from most poker rooms and is transferred free of charge. Make sure that moneybookers is an accepted payment option for your poker room before withdrawing.

Finally, once the money is transferred to your moneybookers account, you can take it back to your bank account or your credit card. This process takes about 2-3 business days and is chargeable depending on the process. If you transfer it back to your credit card, it charges about 2% of the funds being transferred.

Other features and restrictions

While United States residents can use moneybookers, they are restricted from playing poker on the internet. They are restricted to using poker sites based in the US. Moneybookers tends to offer bonuses from time to time so be sure to check your account.

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