Paypal at present has over 120 million customers that use its services. Customers ranging from large companies who do thousands of transactions to individuals who just want to occasionally send and receive money on line. So how does paypal measure up to the banks we have been using for 100’s of years?
Well, at first glance, Paypal may seem to be the cheaper option. Yet payments are levied by paypal to receive or (bank) money. Converting from one currency to another will also cost you money, so what are the advantages over a traditional bank? Good question!
Accessibility may be one, although most major banks have been offering …read more

Many people may not be aware, that in a bid to control tax avoidance, and do due dilligence for money laundering, Pay pal  have imposed a limit of E 2,500 annually that can be received or sent through an account, from 2008.
If the account is to be used for higher volume transactions, then an identity check which is in two parts, must take place.
My own personal paypal account was made secure as mentioned previously, by the addition of my credit-card details ( which somewhat defeats the purpose of having a pp account). Nevertheless, this done, it is now not sufficient …read more

CEC was a Ponzi scheme, centered around the offer and sale of fraudulent units of beneficial interest. Stay tuned with me all week for this series….I’m uncovering the Capital Enhancement Club (CEC) – Scam.

Plan now to be in Amsterdam 7-9 November

Read what a world expert in banking has to say on the US sending funds back to N. Korea. Is this partisan politics or simply exposing the truth about a US government agency breaking the law?