Comments on: Goldexchange.eu : A short introducing interview

By: Bruce

Bruce — Wed, 05 Dec 2007 06:46:50 +0000

Good exchanger

By: Robert

Robert — Thu, 28 Jun 2007 04:47:17 +0000

Never had problem with them. Can recommend.
Always got what I expected.

By: makila

makila — Tue, 26 Jun 2007 08:07:06 +0000

I once transferered 5000$ from a US bankaccount to my personal bankaccount. This was just one big wire. They charged almost 50$ additional wire fees for that amount and they only returned like 4900$. Err? where did the other 50$ go? Well…Not only does my bank charge wire fees, the bank sending the money charged them as well!
International wire fees cannot be avoided and differs from bank to bank. Some are ridicule.

By: Michael

Michael — Tue, 26 Jun 2007 06:58:15 +0000

Yes we added coments regarding possible intermediary deduction which is of course beyond our control and it does not matter if you will exchange with icegold, or londongoldexchange - this Intermediary deduction will apply in all cases !!

We do not charge any bank fees upon receipt, if payment is sent with SHA bank instruction (shared bank fees - you pay your bank fees, we pay our bank fees). Depending on how a bank wire is routed, payments from some countries may attract additional fees charged by correspondent and intermediary banks. Even though our bank does not charge incoming fees, the correspondent bank fees may be deducted before the amount is received.

There may be fees deducted upon receipt of the bank wire in your bank. Depending on how an international bank wire is routed, payments to some countries may attract additional fees charged by correspondent and intermediary banks. These fees may be deducted from the amount received. Larger banks in general do not use correspondent and intermediary banks, however this is not a rule.

By: Luc

Luc — Mon, 25 Jun 2007 11:12:12 +0000

I see only good comments here… Maybe I should give it a GO!

By: George

George — Mon, 25 Jun 2007 08:01:43 +0000

Be aware that people in the USA may incur additional fees, besides the 3.5% and the $20 wire fee quoted above.

Using them recently, the wire was timely, but it was $28 less than quoted. Apparently intermediary bank fees were taken before it got to my bank.

I feel slighted the $28, because of the way they represented their fees. I made them aware of this. To date I have not been reinbursed.

They said they would add a disclaimer on their site explaining possible additional fees. Hopefully they also make this clear in future posts and interviews.

By: gpmac12

gpmac12 — Mon, 25 Jun 2007 07:30:20 +0000

Be aware that if you are in the USA you may have extra fees taken from the wires this company sends before it reaches you.
Their only $20 wire fee to anywhere statement is misleading.
My recent and only exchange with them was $28 short. It apparently was due to unexpected intermediary bank wire fees. They seem to have sent the correct amount of wire, but sent it with permission to take any intermediary bank fees out of the amount sent.
I was under the impression that I would only be paying the $20 and 3.5% quoted. I was not made aware of any possible additional costs. It was not a good suprise.
I feel slighted the $28 because of how they represented their fees. I have made them aware of this. I gave them the opportunity to make it right. They have declined to date.

They said they will add a disclaimer to their site about potential fees that can reduce the amount received. Hopefully they will also make this clear in future forum or blog posts and interviews.

By: Michael

Michael — Mon, 25 Jun 2007 05:52:58 +0000

Nice interview!

Very good and fast service at all times.

By: John

John — Sat, 09 Jun 2007 17:28:22 +0000

One of the best exchangers I have ever tried.
Very proffesional cheap fast and if you have problem, their support is excellent. But be carefull sometimes they require strong verification - read Terms.

Can recommend!!

By: Maes

Maes — Fri, 08 Jun 2007 18:58:10 +0000

These guys run a trustable exchanger. I will definitely use them to buy/sell Pecunix and LR once they start taking orders.

By: Luc

Luc — Thu, 07 Jun 2007 10:01:02 +0000

Mmmhh! I prefer to be cautious on this one.

By: Francisco

Francisco — Wed, 06 Jun 2007 21:44:20 +0000

I have had a bad experience with companies in Central Europe. Of course with some USA also.

FVZ

By: Gaby

Gaby — Wed, 06 Jun 2007 19:39:37 +0000

Thanks for the heads-up guys.

By: makila

makila — Wed, 06 Jun 2007 18:57:17 +0000

According to Romik, e-bullion inexchanges would be available within 2 weeks but I notice they already enabled it today.

This means for the first time in 7 years the EU has a cheap e-bullion exchanger. This was a gap in the e-bullion market that was never filled but because of the recent e-gold problems we can finally say that gap is now closed.

By: mbongwe

mbongwe — Wed, 06 Jun 2007 17:16:31 +0000

That happens often, Gaby, but with them it’s really temporary. Check every day, from time to time they enable the e-gold outexchanges

By: Gaby

Gaby — Wed, 06 Jun 2007 16:01:06 +0000

.. according to their site they have stopped out-exchanges temporarily..

[copy]
Dear customers, we have temporarily stopped e-gold outexchanges. We will resume outexchanges in 2-5 Days again or when we are in a need of e-gold ourselves.
[/paste]

By: Jude

Jude — Wed, 06 Jun 2007 15:21:58 +0000

Excellent interview makila, thank you for taking your time to do this.

By: Mark Herpel

Mark Herpel — Wed, 06 Jun 2007 13:02:03 +0000

Nice interview, especially at this time with e-gold and such. I reprinted it over at DigitalMoneyWorld
Cheers.
Mark

By: JoseLeon

JoseLeon — Wed, 06 Jun 2007 12:42:41 +0000

Thanks for sharing makila,
anyone has proved it with a great amount of e-gold?

By: mbongwe

mbongwe — Wed, 06 Jun 2007 11:56:52 +0000

Their service is great, at least so far