Sunday, June 7, 2009

Moneybookers

Moneybookers is a British electronic payment, storage and money transfer system that is operated by Moneybookers Ltd., which is owned by Investcorp Technology Partners. Moneybookers was founded in 2001 and by its functionality is a competitor of other popular payment system PayPal. Like PayPal, Moneybookers doesn't offer any electronic currency, but the account balance can be uploaded and is measured in the common currency units.

Moneybookers requires mandatory account owner verification, which can be done via confirming the credit card, the bank account or the physical address. All three methods can be used together to increase the transfer limits that are active for all customers.

Moneybookers charges fees for sending the funds, which is usually quite convenient for the sellers and providers of the various paid on-line services.

Moneybookers is less popular in the world than PayPal or WebMoney, but is a convenient electronic payment system to use with the Forex brokers. It's a secure payment system that isn't anonymous and complies with the British anti-fraud laws. Unlike PayPal, Moneybookers is fully available to the residents of almost all countries in the world, making it potentially more widespread system.

Here is the short list of the Forex brokers that accept Moneybookers:

* LiteForex
* AvaFX
* InstaForex

To open account with Moneybookers, please go tohttp://www.moneybookers.com.

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