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Old 04-26-2020, 11:45 PM  
BlueBookJosh
So Fucking Banned
 
Industry Role:
Join Date: Mar 2020
Posts: 250
Quote:
Originally Posted by awxm View Post
Regular bank transfer from my Paxum USD account to my sterling bank account. It costs 25 dollars and the currency exchange is handled by the bank. I did piss around one month moving it to a Paxum EUR account first and then EFT to bank account, lower fees for EFT but double whammy on currency conversions so ended up only saving a quid or two. Simpler to just go with the regular transfer. Just a couple of clicks and I'm done. It takes about 5 days to hit your account I believe.
Quote:
Originally Posted by CurrentlySober View Post
Well, tbh, I've never actually had any problems with it myself. I get paid by companies, I don't let it build up and I withdraw it regularly... I dont send paxum money to anyone - I don't need to... I'm a very 'simple user' of the service.

I don't try and do exchanges with people, which paxum dont like, and I was able to provide the ID that paxum need to stay compliant with KYC regulations. Ruth has helped me out before, on a couple of occasions when I wasn't sure how to do it at first, and fair play to her, she went above and beyond in making sure I was happy..

I'm just a 'nobody' to to Paxum. I genuinely just have an extremely modest amount passing through them, as I'm basically retired anyway, so I am certainly not a VIP customer of theirs. But Ruth treated me as if I was.

Obviously I read stuff on GFY which isn't so good from time to time, and I'd be lying if I said I didn't, but all in all, I am happy with paxum personally and am happy to recommend them from the 'How is paxum for a resident of the UK' point of view.

YMMV of course, but as long as you don't try to use it as a bank and keep large amounts of money stored there away from the taxman etc, and you are not doing anything shady, then from a UK perspective, I dont see a problem.
Thanks again guys, I'll open it this week...

cheerio
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