Moneybookers Poker Sites

MoneyBookers was created as a cost-effective e-wallet alternative to PayPal. Moneybookers can be used to buy and sell things on the internet, pay bills online, and to fund and cashout online poker accounts. Many poker sites allow deposit and cash out by way of MoneyBookers, though MoneyBookers poker sites are beginning to restrict depositing and cashing out from American poker players. Despite poker sites clamping down on US players using MoneyBookers to fund and cash out their poker accounts, US residents can still establish a MoneyBookers account.

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How to Establish an e-wallet Account at MoneyBookers
There is no cost associated with opening a MoneyBookers account. When opening a MoneyBookers account, the customer must enter and confirm their email address, as well as create a password and declare their country of residence. Additionally, a MoneyBookers customer should indicate whether they are opening a personal MoneyBookers account or a business MoneyBookers account.

Once this information is provided, MoneyBookers sends an email to confirm the email address entered is valid. The customer will have twenty-four hours to verify their email address. Upon verifying an email address, the MoneyBookers account holder will enter their personal information, which includes their name, address, and contact information.

Before a MoneyBookers account can be funded, the account must be verified. To verify the newly established account, MoneyBookers will send a letter to the address provided. The MoneyBookers customer must enter the information provided in the letter in order to verify their account. Upon verification, the customer is free to use their MoneyBookers account.

When first using a MoneyBookers account, most people fund their account. MoneyBookers accounts can be funded with credit cards, debit cards, and bank accounts. Once the MoneyBookers account is funded, the account can be used to buy things online, or to pay bills. Additionally, MoneyBookers account holders can transfer money to friends or family, as well as transfer money or deposit to MoneyBookers poker sites.

Using MoneyBookers Accounts at Online Poker Sites
For using MoneyBookers at poker sites that accept MoneyBookers as a deposit option, poker players will have to find their way to the poker site's cashier. Once in the cashier section of the poker room, the player should enter the deposit section of the cashier. The player will then be required to enter the details about their MoneyBookers account in the deposit screen. Some poker rooms will allow players to deposit to the poker room through MoneyBookers even if the player's MoneyBookers is not full. These poker rooms will permit the player to use MoneyBookers to pull money from select bank accounts and credit cards. Naturally, the player may fund their account with MoneyBookers without pulling from their bank accounts or credit cards if the MoneyBookers account has a balance.

Upon selecting MoneyBookers for deposit and filling in the required details, the player should submit the deposit request. On most MoneyBookers poker sites, the deposit is processed instantly. The poker room typically informs the poker player when the deposit has completed. Upon completion of the transfer to the MoneyBookers poker sites, the player can then play poker for real money on the cash tables and the poker tournament tables.

When a player is ready to cash out from a MoneyBookers poker site, they need only enter the cashier screen and select cash out or withdrawal. Then, the player can select MoneyBookers as the desired method of cash out and enter the amount of money they wish to ship to their MoneyBookers account. Upon receipt of the cash out request, most MoneyBookers poker sites process the deposit in two to three days. After the deposit is processed, the balance will arrive and become available in the poker player's MoneyBookers account.

Upon receiving the proceeds from the MoneyBookers poker site, a player may select another of the available MoneyBookers poker sites to play on or they can cash out their MoneyBookers account to their bank account. Additionally, MoneyBookers does provide an ATM card, so the MoneyBookers customer can receive their money in a faster, more convenient method.

Poker players use MoneyBookers because it is a cost effective alternative to PayPal. Many poker sites do accept MoneyBookers as a payment and cashout option; however, fewer poker sites are allowing US players to use MoneyBookers to fund their online poker accounts.