Are you going to withdraw your money from moneybookers to your Dutch Bangla Bank Limited (DBBL) account? Then Please STOP, specially if the amount is not big enough. If you withdraw 30$, you will get around 960-980BDT only. This is because that Dutch Bangla Bank Limited's (DBBL) correspondent bank in UK is Standard Chartared Bank limited. They collect the money from moneybookers on behalf of Dutch Bangla Bank Limited (DBBL) and send it to Bangladesh. But, recently they have made a decision not to process money from moneybookers.com. Now moneybookers has made a new strategy that they will convert your USD money to Euro and send it from their German account. They will take additional 1.99% fee for conversion. Till now that is OK. But, the problem is the German bank will charge you for the wire transfer to Dutch Bangla Bank Limited (DBBL). Moneybookers will not cover that charge. In my experience, the charge is around 15$ regardless of the total amount. That means, the charge is same for 30$ and 3000$. Last month, I got 26000Tk for 400$ and my friend got 975TK for 30$. Here is their mail about that,
“We would like to confirm that we have successfully processed the following withdraw:
284675602 18 Jun 10 Withdraw Bank transfer 30.00 USD processed
After the currency conversion and the 1.99% fee that Moneybooker applies for all transaction involving currency conversion the amount that was sent out was 23.67 EUR.
Please note that we apply a flat fee of 1.80 EUR for bank wire withdrawals, however, since we do not support a local bank in your country of residence your withdrawals will be sent from our German bank account. Therefore the transaction might be subject to international bank wire fees applied by intermediary banks. Moneybookers can not be held liable for such charges and for more information rearing the additional fees applied to your withdrawal you should reference your bank. “
