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Old 01-19-2007, 03:21 PM
Tachyon Tachyon is offline
Senior Member
 
Join Date: Jan 2004
Posts: 163
Default Re: Epassporte is the only funding option.....

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There seem to be a major misconception about ePassporte's fees. Here is what I posted in another thread...

From their website:[ QUOTE ]

Deposit/Load
Credit/Debit Card: US$5.00 per US$100.00 load or portion thereof
US Checking Account: US$5.00 per US$100.00 load or portion thereof for the initial load., then US$2.00 per reload regardless of amount reloaded.

Withdraw
ePassporte Visa Virtual Account Holders may transfer directly to a US Bank Account for a flat fee of US$2.00 per transfer. Non-US bank account holders can request a bank wire transfer for a fee of US$50.00. ePassporte Visa Virtual Account Holders who purchased a Visa Card can withdraw funds at millions Visa and/or PLUS ATM locations worldwide for just US$2.00 each transaction.

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That sure reads to me like it costs 5% for deposits via credit card. $5 for your intitial checking account deposit and $2 for every subsequent deposit transaction. Withdraws to a checking account seems to be $2 per transaction.

Now their definition of a transaction:
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Standard: $500 maximum transaction amount Max 10 transactions, Max 5 loads
Select status: $1000 maximum transaction amount, Max 10 transactions, Max 5 loads

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But here is the key:
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ePassporte Personal Account Holders may alternatively contact our Account Holder Services Department to increase their limits by providing additional personal information and documentation.

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You can increase your limits even further than $1000 per transaction. Even at a maximum of $1000/transaction, that equates to 0.2% which doesnt seem too bad to me.

I'm not sure how high they will let you go but if you can get it raised to say $10K. You are only paying 0.02% which is pennies...

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Is there a limit to the amount that you can withdraw back to your bank per transaction?
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