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Casino transactions are quite tricky, not in a sense that the online casinos will trick you out into giving information that you do not want to share but in the sense that these transactions affect your financial records. Why? Banks can overact at times. When they see that a client is doing business—well, playing—with casinos, they tend to label that person as a walking unstable financial disaster waiting to happen. Yes, it is unfair for them to label people as such, but it is a reality. So when you go to them and ask for a loan or home refinance option or a mortgage, most likely, they will deny your application.
However, there is a work-around that will trick these banks too. Why don’t you open an account with an online processor that would transact business with you through your bank and then transact with your client or the casino in a way that is invisible to the bank? This is where WebMoney comes into the picture. Your statements on the bank summaries will show that you have paid WebMoney, not an online casino. The end result is the good time you had in playing online while maintaining a great credit score.
Installation of the Software
For you to be able to use WebMoney, you need to install their client interface, a secured software, on the computer that you will be using. Then, you must sign up on their website—that takes only a few minutes to accomplish—and wait for your MWID (their own ID system) to be assigned to you. You can use this ID as your account number in the system. A verification process will then follow. WebMoney will then issue a virtual passport, which they use for verification purposes—just like a real passport.
Creation of Your Account
Then you should create a Purse under your account. This purse will also be used for your transactions with the casino. For example, a U.S. dollar purse is a Z-purse while a Euro purse is an E-purse. Different currencies are used for different purses, which allow easy fund transfers without conversion fees. Bank deposits are free of charge and takes 1 to 2 days to be credited to your account, but your bank might charge you a fee. So check first.
Withdrawal of Funds
There are many ways to withdraw funds from your WebMoney account, and this includes cashing it out or wiring the funds to someone or to your bank accounts. U.S. dollar withdrawals are charged with 0.8% of the total amount, but the maximum is 50 WMZ (WebMoney purse currency). These transactions also take 1 or 2 days. However, other purses have different fees, so you should look closely into that before doing your transactions. There are virtually no limits to your spending power here as long as you have transferred enough funds.
In case you have some technical concerns, the customer support team of WebMoney is always ready to help. Just e-mail them at support@wmtransfer.com or call the following numbers: +7 (495) 727-43-33 for Moscow, +7 (812) 336-43-18 for St. Petersburg, +1 (212) 202-66-06, for the United States, and +44(203) 239-60-39 for UK. You can also e-mail info@wmtransfer.com for other general concerns and inquiries. Those who want to visit or contact them through snail mail, the address is 119049, 7 Koroviy Val Street, Moscow, Russia. Their fax number is +7 (495) 727-43-33. You can also check out their website if you have specific queries as you see then that they have a lot of options for customer support to choose from.
The website is run by WM Transfer Ltd. They founded WebMoney in 1998 with the original aim of serving Russian clients but later expanded to include more than 4.5 million users from all over the world.
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