Discussion of article "Payments and payment methods" - page 108

 
John Louis Fernando Diamante #:

Withdrawing via webmoney, people have reported 20-30% fees.

Withdrawing via visa or mastercard bank card, people have been unable to withdraw in USA and Nigeria, it doesn't seem to work for Australia either.


Has anyone withdrawn to a bank card? Someone mentioned Revolut in the EU which isn't a normal bank card, but sounds promising.

Has anyone withdrawn via wire transfer? I'd hate the idea of having to risk the minimum 3000usd getting stuck in some financial limbo.

Is there any reason or ideas why paypal and visa/mastercard withdrawals don't work?

Yeah, I've hit the same problem and been going round-n-round with Service Desk.  Tried to withdraw earned funds to USA banks, and it fails.  Tried with 4 different major banks (got my friends involved now LOL) but no luck.  None of them worked.  Service Desk says its the banks ... but PNC, BofA, US Bank -- these are major banks in USA, and there's no issues with any of those accounts.  Something fishy going on with MQL5 withdrawals....

Reviewing the MQL5 transaction page when attempting withdrawal, the underlying is cardpay.com, which is unlimit.com -- viewing their website Global Payment Solutions - Unlimit looking at the "Coverage" page you'll notice all the countries but USA is not listed?

Global Payment Solutions - Unlimit
Global Payment Solutions - Unlimit
  • www.unlimit.com
One-stop-shop to facilitate the launch, experience, and growth of your business. Leverage 1000+ unique local and global payment methods for a borderless approach.
 
Andrey Khatimlianskii #:

Strange. How can they check your residence (or what would cause a rejection?) by card number alone?

Have you tried it lately?

ps: My last withdrawal was made on 2025.03.24

Tried Wise yesterday, and other cards as well (VISA and MasterCard) since PayPal was removed. Same response from MQ every time.

 
I trusted Pedro Potter regarding Wise. But now i tried it myself, and doesn't work neighter.
Pedro Potter
Pedro Potter
  • 2025.04.08
  • www.mql5.com
Trader's profile
 
Andrey Khatimlianskii #:

I use a virtual card issued by Wise, works great. It is somewhat similar to Revolut. You can add this card to your apple/google pay or use it for online transactions.

Check to see if you are eligible for it - https://wise.com/en/legal/terms-and-conditions

posting a referal link when people are genuinely looking for a solution? seriously?

 
Felix Bitum #:

Webmoney, Card options not working in kenya either.

Has anyone in Africa had success with them? please share the country name, and the method.

In Africa no. 
I have friends in South Africa, Tanzania, Botswana and i am in Zimbabwe. No we dont have. However, i was told Kenya has a card that works f9r visa mastercard withdrawals
 
Pedro Potter #:
Hmm.. I have a virtual card from Wise too, but it didn't work for me. MQ's system returned: 'Payment system declined the transaction'.
I just tried to create a wise account. 
So i noticed the following. 
1. Upon registration country selection there are a lot of restrictions for my country, my neighbouring country there are a few
 
Jefferson Judge Metha #:
I just tried to create a wise account. 
So i noticed the following. 
1. Upon registration country selection there are a lot of restrictions for my country, my neighbouring country there are a few

So, a country-level block might be the reason. 

 
Presley Annais Tatenda Meck #:

posting a referal link when people are genuinely looking for a solution? seriously?

Where did you find it? And what do you have against referral link? Does it help less if it is referral?

I shared my personal experience. And I did it only to help people here. Here are my last transactions, including 2 withdrawals to the card 2970 (that is the wise card):



For you, personally: my referral link at wise looks like this -- wise.com/invite/dic/andriik809

Feel free to use or share it.

 
Pedro Potter #:

So, a country-level block might be the reason. 

Yeah. They don't list Africa here -- https://wise.com/en/legal/terms-and-conditions

But they do the US! There are a lot of people from US here, yep?

Wise Customer Agreements
Wise Customer Agreements
  • wise.com
Banks charge a lot for overseas transfers. We don't. Transfer money abroad easily and quickly with our low cost money transfers.
 

Andrey Khatimlianskii #:

But they do the US! There are a lot of people from US here, yep?

Cyprus is under increased scrutiny from American authorities over financial regulations, which supposedly caused MetaQuotes' card processor, Unlimit, to stop handling transactions there. So, do you really think they will be able to withdraw through Wise?