Skrill / Moneybookers cashout experience (to actual cash)
If anyone was curious about withdrawing funds via the cheque option from moneybookers
, here's how it went down for me.
To be able to withdraw funds you first need to verify your account through one of the options. I chose the 'address verification' option where they send you a letter in the mail containing a code that you need to input into your account once received. Now this was not an overnight thing, it took over 3 months to receive the letter; I had kind of assumed it wasn't coming by this point but one day it just showed up. I have no idea if this is a standard time or if the letter got lost in the mail and eventually made it to the right place or something. I did email moneybookers after a month of the letter being sent out and they had no desire to re-send it and told me that the address verification might just not work for me and to do one of the other verification options which I did not care to do. I figured what the heck, how would it not work for me, if u sent me a letter I should receive it plain and simple. Moral of the story, I got it.
Having verified my account, I now made a withdrawal. My account is in USD but I live in Canada
so the cheque they send is converted to your local currency (CAD). I received the cheque in the mail shockingly fast (about a week) and it came from a TD bank account, a very reputable bank here in Canada. I was pretty impressed by this as I kind of expected a foreign looking cheque from Antigua or something. Went to the bank and they cashed it no problems.
There you have it. Minus the three month wait for the verification letter, a pretty satisfying experience.