Best E-Account for payments?

buckman

Hello i just wanted some advice on being paid money via one of the following E-Accounts, and how to link it to my UK Bank account and any fees associated?

I will be using £ Sterling but either using Skrill, WebMoney, Neteller, or Wire transfer.. (no paypal option)

Are any of these to be avoided?

I believe each of them carry fees, but its just how safe and trustworthy these are?

I believe the Wire Transfer option is just a direct payment to my UK Bank account without using a 3rd party e-account? and this has a $50 (£34?) fee with each transaction.

Would this be easier direct to my account and pay the fee? or is one of the other options free or easier?

Thank you for any help.

grumbler

What do you want/need actually? Transfer money internationally?

Wire Transfer fees depend on the banks - both sending and receiving.
Typically, it's a fixed fee and a % loss on the currency conversion.

E-wallets are hardly better than banks in this respect, but there are other options. See fxcompared.com and mycurrencytransfer.com. Also check transferwise and currencyfair is they are missing it the results.

And MSE article: Sending Money Abroad

eDicky

buckman wrote: »

I will be using £ Sterling

What does this mean - source currency is also GBP? From which country to UK? Is there a debit card payment option from source?

Joshbigears

Skrill or Neteller are probably your most widely trusted e-wallet after PayPal. Both come with limited financial protection (usually linked to your VIP level). Both are free to move money into through local or international transfer. Many difference are the fees associated with withdraw, exchange and customer service. However this can be vastly improved by advancing VIP levels with both sites.

Skrill
Withdraw: £3.01/ 3.95 EURO - FREE
ATM Withdraw: 1.75% - FREE
Currency Exchange: 3.99% - 1.99%
Horrendous customer service

Neteller
Withdraw: 7.50 EURO - Vari
ATM Withdraw: 1.75% - FREE
Currency Exchange: 3.09 - 1.00%

There are a number of affiliate schemes for both sites which can get you automatically moved up VIP levels but these are pending account review.