MoneyBookers is a 'money transmitter' headquartered in Londen, UK. It is registered with the Financial Services Authority (FSA) under number 214225 and as such their activities are regulated under the Financial Services and Markets Act 2000 and the EU directive on electronic money. In plain English that means they are being carefully watched and you can rest assured that they are a legit business.

With over 6,3 million users worldwide, 35,000 merchants and €34.5m revenue in 2008 this is a without a doubt a very big and reliable player in the online payment industry. MoneyBookers is not an e-currency like e-gold, but rather a facilitator. They offer the services to transfer money in real time, cheap and without hassle. All it takes is an email address to make an international payment.

Because of its ease of use and efficiency, there are a number of online casinos who have taken on MoneyBookers as one of their alternate payment options. Recently they also made a deal with eBay to be one of their accepted payment options. MoneyBookers is expanding rapidly, on average a staggering 10,000 accounts are opened each and every day.

They way it works is that you fund your account and than use that money for paying someone else. The receiver in return withdraws the money from his MoneyBookers account. Funding your MoneyBookers account is easy; you can use a credit card, domestic and international bank transfer or a cheque to fund your account.

The fees are low which is why so many people are using them to do international money transfers.

There are two type of accounts available; the Personal Account and the Company Account. Account usage is limited until you are verified.

You can open up a free account here:

       https://www.moneybookers.com/app/?rid=192109