Hello dear e-currency users and gold investors. I bring you good news on behalf of GoldMoney. They recently opened a US bank account at Bank of America which will be used to collect incoming US wire payments. So if you live in the United States and you’re a GoldMoney customer things just go easier and a lot cheaper for you. You no longer have to incur the large international wire payment fees most banks charge. Instead you can now send a domestic wire payment which means you’ll pay a smaller transaction fee.
Here is the official news release from GoldMoney:
We are pleased to announce that with effect from Friday the
11th of July, all customers with a US bank account can wire
funds to GoldMoney’s new cash collection account at Bank of
America in New York. You are now able to transfer funds to
GoldMoney using a domestic bank wire or other electronic
transfer method rather than an international bank wire,
which will significantly reduce the bank fees incurred and
increase the efficiency of your funds transfer.
Please note that this new bank wire service is for incoming
wires only. In other words, the collection account service
provided by Bank of America through our bank, Lloyds TSB
(UK), is a “one-way” service and may not be used to return
funds to customers. When you instruct GoldMoney to send US
dollar funds back to your US bank account, all wires will
still be made from our bank account in Jersey.
GoldMoney’s website can be located at: