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Ways to transfer currency between moneybookers and paypal accounts?

Discussion in 'Business & Tax Advice' started by endorphine, Mar 6, 2012.

  1. endorphine

    endorphine Newbie

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    The headline says it all. A short google research brought only "impossible" and similarly useless answers. There is a conspicuous demand, so it is done somehow. The question is how. Let's collect a few ideas and strategies! What I am planning specifically has to be completely white hat, legit and unsuspicious in case the fiscal office finds out and wants to take a closer look. So no shady bitcoin dealers or betting providers, no fake accounts, also no risk if not absolutely necessary. But I am basically open for every interesting solution, maybe it's of value another time or for another user.
     
    Last edited: Mar 6, 2012
  2. facebookcpa

    facebookcpa BANNED BANNED

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    I knew about some websites where people are selling and buying money, for eg:

    You put your MB money there, and you ask for paypal money instead.

    Don't know how it works, and forgot the websites, but it was just a thought. And from what I know, it is a bit risky :)
     
  3. poweronics

    poweronics Jr. VIP Jr. VIP Premium Member

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    I have heard few people do it at freelancer.com etc but am not sure.
     
  4. marcoandres

    marcoandres Newbie

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    there are ways to transfer the currency. a lot depends on that amount you wish to transfer. there are many websites out there that deal in e-currency exchange, although it is hard to find legitimate brokers.

    i am a member on various auction sites that work exactly like facebookcpa said, and all legitimate brokers will normally charge you a fee. Going rate at the moment is about 1.10MB for 1.00 PayPal (if you are selling MB).

    send me a message and i'll be more than happy to provide you with a list of sites, brokers, middle man, escrow services that deal in e-currency exchange.

    but please understand that it is risky, no 100% guaranteed solution
     
  5. algarzonp

    algarzonp Newbie

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    This operation is normally done through "exchangers", who are people that will accept your Moneybookers balance and give you PayPal, or viceversa; be aware that they normally charge some fees for that kind of transactions. I know two or three forums where this is done and, although is always risky, generally they are reliable.

    I am not sure if I can post those forums names here but you can PM me if you wish to have them.
     
  6. robuk

    robuk Newbie

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    I've done a few PP<>MB/skrill exchanges over the years, sometimes with people I 'know' online and sometimes with complete strangers. After a series of hassle-free exchanges where I wasn't even asking for a profit, I started to get ripped off. It happened three times on the bounce so I stopped doing it.

    Not helping you much, I know. One thing you can do is deposit via one source into a gambling site and then place a few bets, then withdraw to the other ewallet.
     
  7. endorphine

    endorphine Newbie

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    Yes, that's how I'm doing it at the moment. Theoretically it could even save me taxes (wins from gambling are tax exempt here, so I just have to hedge stakes against each other until the clean one wins), but as I have a tendency to unresponsible and impulsive gambling, far more money goes lost on the way than statistically necessary. I need another channel than this.

    I took a look at the black market money exchangers and no, just no. That's not even an option. Even without including the risk of a ripoff, their rates are ridiculously high. I'm trying to keep up a legit business here, so I don't want me in their bank statement and I don't want them in mine. It's only a question of time that law enforcement starts to ask questions about them. Not me.
     
  8. oxonbeef

    oxonbeef BANNED BANNED

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    Moneybookers offer an ATM card now. Get one of those and
    transfer funds
     
  9. devilmafia

    devilmafia Registered Member

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    well.. there are couple of services
     
  10. endorphine

    endorphine Newbie

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    Tried it already. Paypal doesn't accept this card.
     
  11. robuk

    robuk Newbie

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    They accepted my MB card on my PP account. I haven't tried to 'fund' my PP account with MB but I can 'send' money from my PP account to someone else's PP account, and 'pull' the funds from my MB card.