LOS ANGELES — Paxum has announced the expansion of its Electronic Funds Transfer (EFT) withdrawal option to include five new countries and currencies.
According to the company, Paxum clients in Australia, Canada, Hungary, the Philippines, and Poland now have EFT withdrawals available in their local currency directly from the Paxum account interface.
“We are excited to introduce EFT withdrawal to these five additional countries before we enter the New Year,” says Paxum’s Ruth Blair. “We are constantly striving to provide the best payment platform, and as part of that effort we will continue to reinforce EFT options and expand our alternative withdrawal offerings during the course of 2019.”
EFT withdrawal has now been implemented in AUD (Australian Dollar), CAD (Canadian Dollar), HUF (Hungarian Forint), PHP (Philippines Peso), and PLN (Polish Zloty) currencies, and can be found in the “Withdraw Funds” section of eligible Paxum account-holders.
EFT withdrawal can be initiated directly from USD, EUR, and GBP currency accounts inside Paxum at any time and the applicable currency conversion rate will be displayed inside the account interface prior to submission to ensure client agreement prior to withdrawal.
“Demand for EFT inclusion to these countries has been tremendous,” Blair adds. “We are thrilled to fulfill this request and with good fees and generous limits we’re convinced our Australian, Canadian, Hungarian, Philippine and Polish clients will enjoy the benefits.”
The fee for EFT withdrawal in AUD, CAD, HUF, PHP, and PLN is $8.95 per transfer and the limits are $3,500 per transaction with a daily maximum of $10,000. There is no prior approval required and the amounts listed are in U.S. Dollars.
The new EFT regions are part of a series of planned additions to further expand Paxum options in 2019.
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