eGold Questions - Page 3

juliom · 06-12-2008

Quote:

Originally Posted by smarty

Since I am now thinking to join eGold,

I have a few questions regarding it..

1. Does it need to be verified by a credit card like PayPal??
2. What are the transaction processing fees?
3. What amount do they take to withdraw a cheque?
4. Can the cheque be encahsed?
5. What are the currencies available?

Thanks for the info.

juliom · 06-12-2008

I have had no problems with E-gold and I have processed $1000s of transactions. However, you need to cash your E-gold through 3rd party services. I have done this with success as well.

juliom · 06-13-2008

Quote:

Originally Posted by smarty

Since I am now thinking to join eGold,

I have a few questions regarding it..

1. Does it need to be verified by a credit card like PayPal??
2. What are the transaction processing fees?
3. What amount do they take to withdraw a cheque?
4. Can the cheque be encahsed?
5. What are the currencies available?

I think I am getting the picture we will see.

Jerlene · 06-16-2008

Quote:

Originally Posted by smarty

Since I am now thinking to join eGold,

I have a few questions regarding it..

1. Does it need to be verified by a credit card like PayPal??
2. What are the transaction processing fees?
3. What amount do they take to withdraw a cheque?
4. Can the cheque be encahsed?
5. What are the currencies available?

I'm pretty sure you don't need to be verified.

e-gold charges an account fee (or "agio Fee") of 1% per annum (deducted in monthly payments) on all e-metal stored.
Spending e-gold is free, with processing fees (or "spend fees") deducted from the recipient. As of 2007 these spend fees vary on a sliding scale from about 5% for spending 0.1 grams of gold to 1% for 5 grams of gold. Over 5 grams of gold, the fee is capped at 0.05 gram of gold (about $1.48 with gold at US$922 per ounce).

I think there's a $2-$3 fee for checks.

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Gold (XAU), silver (XAG), platinum (XPT) and palladium (XPD) each have recognised three-letter international currency codes under ISO 4217.

william23 · 06-17-2008

Quote:

Originally Posted by MaryMary

I wonder if they offer a debit card like paypal..that sure makes my life a lot easier .

I'll be watching this thread for answers about eGold as well.

Ya, I too waiting for answers.

Jerlene · 06-18-2008

There's a The DWG Debit Card. You can use your E-Gold account to put funds into it.

chargebacks · 07-04-2008

Quote:

Ya, I too waiting for answers.

I can tell you first hand that I’ve dealt with the owner of egold on several occasions. A bit abrasive but otherwise a nice guy.

In terms of your questions, it seems there is a lot of confusion about e-Gold. Please understand that e-gold itself is not a third party biller like paypal or 2checkout. In fact, they don’t deal with payments at all. They are a platform, much like the NYSE or the NASDAQ, it’s the members themselves that trade items in their accounts.

In terms of what they offer, they don’t offer anything. You have to go through third party vendors to find various solutions. Please see e-gold Directory

Jerlene · 07-07-2008

I think a lot of people think they're just like PayPal, and that's where the problems and confusion begin.