215 posts
  • Elite Author
  • Envato Staff
  • Reviewer
  • Has been a member for 4-5 years
  • Bought between 50 and 99 items
  • Referred between 500 and 999 users
  • Sold between 100 000 and 250 000 dollars
  • Latvia
  • Author had a File in an Envato Bundle
+5 more
placdarms Reviewer says

I just finished my review on comparing PayPal, MoneyBookers and Swift transfers to find out which is cheaper and when you should start using SWIFT transfers to save some money.

Full review here: http://placdarms.lv/marketplace-tips/withdraw-money-from-envato-marketplaces-cheeper/

3744 posts
  • Won a Competition
  • Elite Author
  • Sold between 100 000 and 250 000 dollars
  • Repeatedly Helped protect Envato Marketplaces against copyright violations
  • Exclusive Author
  • Spain
  • Referred between 200 and 499 users
+5 more
pezflash says

Hi. Thanks for this review. It’s quite interesting. I’ve read it all, but just guessing if Paypal-Bank conditions are different in Latvia than other countries, even inside Europe.

I’ve not withdrawals limits (you point 500$). And Paypal doesn’t charge anything for that (i mean, send the money to your local bank here in Spain). But yes, their currencies conversion rates are really low. But well, spanish banks doesn’t give a much better conditions (better, yes, but not so much). At least for me (didn’t try moneybookers, though) the best option is still Paypal. But i want to remark: it’s the best option, not a “good option”.

The biggest complaint on my side about Paypal is that even if you have a Dollar bank account, if that bank is located in Europe, they will convert dollars to euros before sending the money.

Thanks again for your article. Quite useful.

3768 posts After Effects Templates
  • Elite Author
  • Sold between 50 000 and 100 000 dollars
  • Referred between 500 and 999 users
  • Repeatedly Helped protect Envato Marketplaces against copyright violations
  • Bought between 100 and 499 items
  • Has been a member for 4-5 years
  • Interviewed on the Envato Notes blog
  • Exclusive Author
+4 more
miseld says

Nice article Filips i think you do the hard job for us authors :) It would be great to read something about payoneer

396 posts
  • Author had a Free File of the Month
  • Elite Author
  • Exclusive Author
  • Sold between 100 000 and 250 000 dollars
  • Has been a member for 3-4 years
  • Referred between 200 and 499 users
  • Bought between 100 and 499 items
+2 more
Koev says

Really nice and helpful write, placdarms. Thanks for sharing!

13 posts
  • Elite Author
  • Sold between 100 000 and 250 000 dollars
  • Author had a File in an Envato Bundle
  • Most Wanted Bounty Winner
  • Exclusive Author
  • Has been a member for 4-5 years
  • Bought between 1 and 9 items
  • Referred between 200 and 499 users
+1 more
Zeisla says

Thank you for this. I just have one question.

This is what i read in moneybookers faq:

We will process your withdrawal in EUR , USD or the official currency of the country where your bank is located. Information regarding the currency in which Moneybookers processes every particular withdrawal request is displayed in the final confirmation screen of your withdrawal.

And you said that they carry out withdrawals in EUROS only, so I am confused about that.

1026 posts
  • Sold between 100 000 and 250 000 dollars
  • Elite Author
  • France
  • Author had a File in an Envato Bundle
  • Author had a Free File of the Month
  • Contributed a Tutorial to a Tuts+ Site
  • Repeatedly Helped protect Envato Marketplaces against copyright violations
+4 more
Pixelworkshop says

lol thank you so much, I’ve just checked and my last transfert (SWIFT from Envato) cost me about $60. I’ve checked my previous withdrawal with Moneybookers : I left them about $200 :O

Until now, I never paid attention to that, so once again, thanks a lot !

56 posts
  • Elite Author
  • Exclusive Author
  • Has been a member for 4-5 years
  • Referred more than 2000 users
  • Sold between 50 000 and 100 000 dollars
  • Thailand
JackStriker says

Thank you for sharing, helpful info. :)

1657 posts
  • Exclusive Author
  • Author had a File in an Envato Bundle
  • Author had a Free File of the Month
  • Sold between 50 000 and 100 000 dollars
  • Has been a member for 4-5 years
  • Repeatedly Helped protect Envato Marketplaces against copyright violations
  • Europe
+2 more
flashedge says

Best thing is to stick with SWIFT transfers for big money. This way you can spread the cost much better. I’d rather skip a month withdrawal than give money away.

8112 posts Community Moderator
  • Attended a Community Meetup
  • Community Moderator
  • Has been a member for 6-7 years
  • United Kingdom
  • Contributed a Tutorial to a Tuts+ Site
  • Won a Competition
  • Contributed a Blog Post
  • Beta Tester
  • Bought between 50 and 99 items
+4 more
MSFX Volunteer moderator says

you should maybe speak to Lance about this maybe being written up for Envato Notes, would be useful for all authors then… :)

215 posts
  • Elite Author
  • Envato Staff
  • Reviewer
  • Has been a member for 4-5 years
  • Bought between 50 and 99 items
  • Referred between 500 and 999 users
  • Sold between 100 000 and 250 000 dollars
  • Latvia
  • Author had a File in an Envato Bundle
+5 more
placdarms Reviewer says

Hi. Thanks for this review. It’s quite interesting. I’ve read it all, but just guessing if Paypal-Bank conditions are different in Latvia than other countries, even inside Europe.

It could be. Im just speeking from my experience there. However this might make you think and calculate and find your own best option.


Thank you for this. I just have one question.

This is what i read in moneybookers faq:

We will process your withdrawal in EUR , USD or the official currency of the country where your bank is located. Information regarding the currency in which Moneybookers processes every particular withdrawal request is displayed in the final confirmation screen of your withdrawal.

And you said that they carry out withdrawals in EUROS only, so I am confused about that.

I also just read that, however i checked my bank statement and it said EUR converted to Lats so they transfer money in euros and then in my bank they got exchanged to local currency. I also remember reading in withdrawal window that all transactions are carried out in Euros. Will check this at the beginning of next month when some money will come in my Moneybookers account.

by
by
by
by
by
by