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-   -   How does Paxum work in UK? (https://gfy.com/showthread.php?t=1326985)

BlueBookJosh 04-26-2020 12:39 AM

How does Paxum work in UK?
 
As title says, I would appreciate if someone can help me regarding these questions, because I'm planning to open Paxum account. So far I was using only PayPal, Payoneer and Crypto. :2 cents:

So, how does it works, how can I send/withdraw funds from it, what currency will I get (GBP, USD or EUR), how long does it take to get account approved, basically all needing info would be helpful...??? :helpme

Thanks in advance guys! :thumbsup

Cheers! :winkwink:

Blue Book Digital Marketing
Adult Services | Mainstream Services
Contact: Email: [email protected] | Skype: Josh BlueBookMarketing (live:.cid.a58cf4c09488ad4e)

CurrentlySober 04-26-2020 01:55 PM

I is in the UK and I do does av paxum. At one point in the past I cud only get paid in Euros so i went 2 my bank and got euro account - Then, using EFT they sended funds 2 my bank in euros. More recently, they have made it so I can just withdraw funds direct to my main UK accunt, in UKP, coz they av my viza debit number, but i still wivdraw in euros coz its my rainy day savings fund and i wont touch it if its in ueros. They kontol xchange rates,but its not entirly over the top. Costs a few bucks 4 eft, but again no biggy...

But yeah, pretty easy and straight forward really. The UK is '1st world' so not really any pooblems tbh. I aint had no pooblems wiv it really.

CS apooved 4 the UK.

BlueBookJosh 04-26-2020 03:00 PM

Quote:

Originally Posted by CurrentlySober (Post 22656647)
I is in the UK and I do does av paxum. At one point in the past I cud only get paid in Euros so i went 2 my bank and got euro account - Then, using EFT they sended funds 2 my bank in euros. More recently, they have made it so I can just withdraw funds direct to my main UK accunt, in UKP, coz they av my viza debit number, but i still wivdraw in euros coz its my rainy day savings fund and i wont touch it if its in ueros. They kontol xchange rates,but its not entirly over the top. Costs a few bucks 4 eft, but again no biggy...

But yeah, pretty easy and straight forward really. The UK is '1st world' so not really any pooblems tbh. I aint had no pooblems wiv it really.

CS apooved 4 the UK.

Thanks mate for the answer, I appreciate the time you spent to explain! :thumbsup

Anyone else with some or same experiences? :helpme

Thanks! :)

Cheers :winkwink:

Blue Book Digital Marketing
Adult Services | Mainstream Services
Contact: Email: [email protected] | Skype: Josh BlueBookMarketing (live:.cid.a58cf4c09488ad4e)

awxm 04-26-2020 03:45 PM

Regular bank transfer from my Paxum USD account to my sterling bank account. It costs 25 dollars and the currency exchange is handled by the bank. I did piss around one month moving it to a Paxum EUR account first and then EFT to bank account, lower fees for EFT but double whammy on currency conversions so ended up only saving a quid or two. Simpler to just go with the regular transfer. Just a couple of clicks and I'm done. It takes about 5 days to hit your account I believe.

CurrentlySober 04-26-2020 03:54 PM

Well, tbh, I've never actually had any problems with it myself. I get paid by companies, I don't let it build up and I withdraw it regularly... I dont send paxum money to anyone - I don't need to... I'm a very 'simple user' of the service.

I don't try and do exchanges with people, which paxum dont like, and I was able to provide the ID that paxum need to stay compliant with KYC regulations. Ruth has helped me out before, on a couple of occasions when I wasn't sure how to do it at first, and fair play to her, she went above and beyond in making sure I was happy..

I'm just a 'nobody' to to Paxum. I genuinely just have an extremely modest amount passing through them, as I'm basically retired anyway, so I am certainly not a VIP customer of theirs. But Ruth treated me as if I was.

Obviously I read stuff on GFY which isn't so good from time to time, and I'd be lying if I said I didn't, but all in all, I am happy with paxum personally and am happy to recommend them from the 'How is paxum for a resident of the UK' point of view.

YMMV of course, but as long as you don't try to use it as a bank and keep large amounts of money stored there away from the taxman etc, and you are not doing anything shady, then from a UK perspective, I dont see a problem. :)

BlueBookJosh 04-26-2020 11:45 PM

Quote:

Originally Posted by awxm (Post 22656706)
Regular bank transfer from my Paxum USD account to my sterling bank account. It costs 25 dollars and the currency exchange is handled by the bank. I did piss around one month moving it to a Paxum EUR account first and then EFT to bank account, lower fees for EFT but double whammy on currency conversions so ended up only saving a quid or two. Simpler to just go with the regular transfer. Just a couple of clicks and I'm done. It takes about 5 days to hit your account I believe.

Quote:

Originally Posted by CurrentlySober (Post 22656716)
Well, tbh, I've never actually had any problems with it myself. I get paid by companies, I don't let it build up and I withdraw it regularly... I dont send paxum money to anyone - I don't need to... I'm a very 'simple user' of the service.

I don't try and do exchanges with people, which paxum dont like, and I was able to provide the ID that paxum need to stay compliant with KYC regulations. Ruth has helped me out before, on a couple of occasions when I wasn't sure how to do it at first, and fair play to her, she went above and beyond in making sure I was happy..

I'm just a 'nobody' to to Paxum. I genuinely just have an extremely modest amount passing through them, as I'm basically retired anyway, so I am certainly not a VIP customer of theirs. But Ruth treated me as if I was.

Obviously I read stuff on GFY which isn't so good from time to time, and I'd be lying if I said I didn't, but all in all, I am happy with paxum personally and am happy to recommend them from the 'How is paxum for a resident of the UK' point of view.

YMMV of course, but as long as you don't try to use it as a bank and keep large amounts of money stored there away from the taxman etc, and you are not doing anything shady, then from a UK perspective, I dont see a problem. :)

Thanks again guys, I'll open it this week...

cheerio


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