Moneybookers
Moneybookers is one way to fund your bingo account and, like NETeller and PayPal, this is a method which is a type of e-Wallet, or electronic wallet. E-wallets like MoneyBookers are popular with people who are wary of having their credit or debit card details held by the bingo sites they play on.
How to use Moneybookers for bingo
To use Moneybookers for the first time you need to go to their site and fill in a registration form. You may also have to confirm your identity – this doesn’t mean there is a problem with your application but is a safety precaution to ensure you are who you say you are. Sometimes you are asked to verify your details when you apply for an account whilst sometimes this happens after you have been approved and are using it.
Once your account is ready you then decide which method you want to use to fund your account. If you do this straight from your bank account or using a debit card you’ll be pleased to find out that there are no fees involved. If you choose to use a credit card then there is the very reasonable fee of 1.9% of the amount you are depositing. Some card providers may make a small charge themselves for allowing this transaction, so if you haven’t used this method before it might be a good idea to check if your card makes a charge and if so how much it will be.
As soon as you have put money into your Moneybookers account you can then use this to transfer money to your bingo account. Just log in to your account, go to the banking/cashier section and select Moneybookers as your preferred payment method. There are no charges involved when you transfer money from your Moneybookers account into your bingo account, and these transfers happen straightaway so you don’t have to wait to start playing.
If you win money playing bingo and want to withdraw it there are no fees involved to transfer money from your bingo account to your Moneybookers account. If you then want to withdraw it from your Moneybookers account though there are some fees. To transfer your money either to your bank account or to a credit card it will cost you £1.50. If you decide to have a cheque sent to you instead then this will cost you £2.92.
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