Paxum wire working in your country?
 

That is the only option I have here, since card never arrived & ECT issue.

I usually wire funds to my bank account once a month after I get paid from all sponsors & clients.

Did it once in April and it was fine but now I'm reading people complain about it as well.

EFT is not in the option anymore.
I can't even transfer funds to my Paxum mastercard.
But wire and transfer to other bank card is okay.

Wires were a great option, but now it's ridiculously expensive.. last time I did a wire it cost me around $90-100 and I have no idea why.

On 1st of May however, Paxum Introduced UnionPay Card For Worldwide Customers, with a daily limit of $5000, however I don't know a single costumer who was able to apply for a card.

Here's the full post from Facebook

my wire from the 2nd still says submitted

So this UnionPay card is a new replacement for the other card who had to replace the now broken temporary card?? :Oh crap

Paxum Prepaid Card (SEPA)
000000XXXXXX0000
SubmittedSubmitted (Submitted on 2018-10-24 05:31:45)
This process can take up to 10 business days. Total Card delivery time to receive it is approximately 6 weeks

I got this one but haven't activated it yet. Paxum says this card works so I'll try next week.

Bump for Ruth and answer

I did a wire on the 1st, and it was in my account on the 3rd. It's expensive at $50 USD for the wire plus another $17.50 USD at my bank, but it's been a reliable option for me here in Canada.

Thanks for sharing, anyone else?

I know its expensive, like I said I do it once a month, and it costs me around $100 usd including my bank fees

can you use EFT and not wire?

No such an option in my country.

Sadly not. We live in the same country, and EFT is not available here.

As for the UnionPay Cards

Tried to wire funds to my usd account:

''We apologize for the inconvenience however USD Wire Withdrawal is no longer available in your region. As an alternative you can withdraw your funds by wire withdrawal in EUR currency. If needed, currency conversion from USD to EUR can be found in the Transfer Funds / Between Accounts section of your Paxum account''

I have x,xxx usd stuck there

So I tried to transfer funds to Euros it says: ''Funds were not transferred. Please try again later''

Great fucking service

Try creating a bank account the same as you would with USD but chnge it to EUR then it should show in the wire list.

I did that already

Thanks to Ruth for the quick response.

Funds transferred to Euros and wire initiated successfully.

B

Way to go man!

My us eft wasnt available but put in wire on 1st. Guess wire sent today but havent seen the funds hit the bank yet. Such an ordeal.

Have you received confirmation email? It usually arrives day or two after funds initiated

I mostly withdraw via ATMs but I'm curious... EFT/wire is now only possible in EUR, not in USD? so there will be double conversion for those with bank accounts in different currency than EUR? first Paxum converts USD to EUR and then receiving bank to the local currency? how much I lose on those conversions?

first Paxum converts USD to EUR - I lost 15 euros on 3k

then receiving bank to the local currency? how much I lose on those conversions? - Zero if you send Euros to your bank account in euros. If not then you will lose decent cash 100%

hmm... so like I said, if your bank account is in different currency than EUR, there will be double conversion... Paxum (USD>EUR), your bank (EUR>your local currency) :disgust

it sucks but is better than a check

yep, true.

Requested a wire last week, and still shows submitted.

I was able to transfer via EFT last week, but it's not working anymore :(

bullshit! i can scan a check with my phone its instantly there. no fees 0% paypal is always #1

Just got my WIRE today.
Requested on Sunday, validated on Monday, got it today.

I need now to transfer USD in EUR first then I can withdraw them via wire! I'll stop using Paxum, for this reason, I prefer direct wire in USD to my bank account!

Great, I'm expecting mine later this week.

Why not opening bank account in Euros and linking it to paxum?

I've done this already for the last period money but I lose a lot of money on the conversion rate! So I prefer direct wire in USD.

well some good news

Still waiting on mine. Submitted on 1st. Confirmed on sunday or monday. Waiting on deposit to account still. Guess still see.

Paxum wire arrived in less than 48 hours, total cost 85 euros including USD > EUR conversion

I'm in the EU but we don't use EUR currency here so I'm not sure how a bank account in Euros could help if I don't pay anything in Euros.

To avoid additional conversion

Maybe I'm missing something... I'll have Euros in my bank account but as I said we use different currency in my country and I pay stuff online in USD so those Euros still will need to be converted to different currency if I want to use them.

it will come cheaper than a wire in your country's currency at 50 usd.

3.75 fee for EFT - later a conversion from euro to currency - in my case it will cost about 8 usd instead of 50.

Then its the same shit as having USD in your account, since none of these 2 currencies you're using in your country, correct?

Sure, I'd use EFT, just previously it was possible to EFT in my currency, now only in Euros so my funds will be converted twice and I'll lose more money on those conversions.

Nope, I'm in the EU but we don't use Euro currency in my country.

But you need to exchange both currencies to local one to buy stuff

Yep, but previously just 1 conversion was needed.

Now, if I want to wire/EFT $$$$ from my Paxum account to my bank account I need to convert USD to EUR, then my bank converts EUR to my local currency so there are two conversions.

That's totally different, Im in Europe too, but no EFT option here, only wire.

My wire from the 2nd still not arrived unbelievable