
06-06-2009, 08:04 AM
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New Investor
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Join Date: Jun 2009
Posts: 3
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How to withdraw money from alertpay !
For Philippines resident, you can only withdraw from Alertpay by check or by wire transfer. Both are too cumbersome and a little bit costly.
Payment through check entails $3-$5 dollars I think for check fee, processing and post fee. Another sad thing is that you need to need a dollar bank account to be able to exchange Alertpay check, or any other international dollar checks, to our local currency. Minimum amount to open and maintain a dollar account is $200 and up. One thing more, there are minimum amount required for check to be accepted as deposits. My bank said each should not be less than $300.00.
You can also get your money through bank wire transfer. This costs $10 or more per transaction.
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