Bank withdrawals

[smellybelly]

Which Spread Betting companies allows you to withdraw to your bank account?

Which Spread Betting companies allows you to withdraw via Cheque?

Thanks.

 

[Pazienza]

Google spread betting companies.

Look at their websites.

If it doesn't say, call or email them.

 

[smellybelly]

is there anyone on the forum that is with a spread betting account that allows them to withdraw to their bank/cheque?

regards.

 

[Pazienza]

is there anyone on the forum that is with a spread betting account that allows them to withdraw to their bank/cheque?

regards.

How else are they going to do it? In tickets for the weekly meat raffle at your local WMC? In tokens for happy-ending massages at the Thai knocking shop up the road.

Jesus, the things people ask on this forum .

 

[smellybelly]

spread betting companies i have spoken to have informed me they only do withdrawls back onto the card... that is inconvenient for me and takes too long

so that is why i am asking, which spread betting companies out there in the uk allows bank withdrawals by chaps/bacs and/or cheques sent to your house...

 

[Pazienza]

spread betting companies i have spoken to have informed me they only do withdrawls back onto the card... that is inconvenient for me and takes too long

so that is why i am asking, which spread betting companies out there in the uk allows bank withdrawals by chaps/bacs and/or cheques sent to your house...

If they refund it to your card, it goes back into your bank account - at least it does in my case. Who have you spoken to?

The more important issue is this - of all the criteria for choosing a bucket shop, this one has to be one of the absolutely least important. If you're that desperate to get money out (the card refund doesn't take long after all) you probably shouldn't be punting in the first place.

 

[counter_violent]

spread betting companies i have spoken to have informed me they only do withdrawls back onto the card... that is inconvenient for me and takes too long

so that is why i am asking, which spread betting companies out there in the uk allows bank withdrawals by chaps/bacs and/or cheques sent to your house...

I would imagine all the SB co's do pretty much all that you suggest. I wouldn't worry too much about withdrawals at the early stage though as there is a very high chance that the transactions will all be one way.

 

[redart]

withdrawals back onto your card...i.e, your BANK card?
and how does that take too long. Is there a faster way?
A cheque sent to your home would surely take longer?
Im confused and aroused.

 

[smellybelly]

chaps payment is same day... payment back onto a card is 3-5 days

cheque can be next day if they send by royal mail special delivery which can be cashed at any cheque cashing shop, same day...

 

[BeginnerJoe]

IGindex takes payments, and deposits withdraw using debit card. Payment is instant. Withdraws is 1 day some of the time, and 5 working days most of the time.

 

[redart]

I think RBS Marketindex send it to your bank account, but i remember it taking at least 3 days I think.

 

[rc450]

anyone else aware of a rule which states, you can only return 125% of the amount deposited to your trading account back to your bank account by the card used to deposit the funds?

probably not the best place to ask!!

 

[smellybelly]

I think RBS Marketindex send it to your bank account, but i remember it taking at least 3 days I think.

i will check this out

 

[Pazienza]

chaps payment is same day... payment back onto a card is 3-5 days

cheque can be next day if they send by royal mail special delivery which can be cashed at any cheque cashing shop, same day...

I'm sensing wind up now...

 

[BeginnerJoe]

I'm sensing wind up now...

Everything is a wind up to you. I could see nothing wrong with what he said. If you pay the chaps fee and there is still day light, same day transfer is perfectly possible if the bookie allows it. Though I have never tried it, cashing cheques at those extortion shops is possible if you give them a big cut.

 

[smellybelly]

exactly... i do not see what the problem is with what i said...lol?

that was why i was asking about SB Companies that do this? or are they ALL the same...?

 

[BeginnerJoe]

Why don't you select a SB company and ask them rather than making people guess here. So why is withdrawal so critical to you ? There's nothing to stop you drip feeding the SB account using a debit card only for the small amount of bet you open. Then you won't have to withdraw. Or, perhaps you are thinking of what to do with the millions that the bookie will hand it to you with a great big smile ? If you are looking at such big sums I think they will put your money through the regulatory money laundering process and keep your money for as long as they feel like and earn interest on it.

 

[Pazienza]

Everything is a wind up to you. I could see nothing wrong with what he said. If you pay the chaps fee and there is still day light, same day transfer is perfectly possible if the bookie allows it. Though I have never tried it, cashing cheques at those extortion shops is possible if you give them a big cut.

Joe, you make an excellent point. In fact I believe that the mark of a serious trader is that he always gains access to his funds via cheque cashing places.

 

[Pazienza]

exactly... i do not see what the problem is with what i said...lol?

that was why i was asking about SB Companies that do this? or are they ALL the same...?

Nothing at all, forget I said it. It is perfectly sensible to do as you suggest.

If you require some short-term funding for your trading activities, you might also be interested in wonga.com, interest rates from only 360% pa.

 

[BeginnerJoe]

Joe, you make an excellent point. In fact I believe that the mark of a serious trader is that he always gains access to his funds via cheque cashing places.

Well, if you are going to win big like the OP, letting the shop take a big cut is not a problem.