I don't think so and it doesn't make any sense!

We simply need to know which states and or countries are now longer supported by Paxum.com

I sent in my application for Paxum Bank. Kind of a pain but I receive a lot of payments from Paxum so I don't have much of a choice.

Is this true? or is it just for Savings?

That is just for Savings accounts :)

Good happy to hear that, thx Ruth

Mine was just cancelled also.

Which state or country?

In in the US, Florida.

I would never leave 10k - 50k in a bank called "Paxum Bank" :1orglaugh

:1orglaugh:1orglaugh:1orglaugh

Good luck mane.Paxum is great

That's just fearmongering ...

According to their TOS where we can read this:

"User must not be a resident of a country to which Paxum doesn't provide its services;"

that would mean that paxum.com doesn't provide services to USA resident anymore. I don't think Ruth will comment about this which is totally beyond understanding. I mean isn't it important???

You're just bitter because Paxum closed your account for scamming people Chris...

Just got this, lol

Paxum.com will no longer offer services to some of the clients; for them Paxum Bank is the alternative. Additional information is not available for the moment.

Best regards

paxum is a live

Ruth,

Please email me - trying to get my Paxum Bank acct. completed

what are the reasons they shut it down?

Just a bump to let people know that Paxum recently discontinued (without notice) EFT to several countries. If you're outside of the USA or EU then you'll need to use a wire ($50 charge) to transfer out funds to a bank account.

Here's the current list of supported countries and currencies:

Austria (AT) EUR
Belgium (BE) EUR
Bulgaria (BG) EUR
Cyprus (CY) EUR
Czech Republic (CZ) EUR
Denmark (DK) EUR
Estonia (EE) EUR
Finland (FI) EUR
France (FR) EUR
Germany (DE) EUR
Gibraltar (GI) EUR
Greece (GR) EUR
Hungary (HU) EUR
Iceland (IS) EUR
Ireland (IE) EUR
Italy (IT) EUR
Latvia (LV) EUR
Liechtenstein (LI) EUR
Lithuania (LT) EUR
Luxembourg (LU) EUR
Malta (MT) EUR
Monaco (MC) EUR
Netherlands (NL) EUR
Norway (NO) EUR
Poland (PL) EUR
Portugal (PT) EUR
Romania (RO) EUR
San Marino (SM) EUR
Slovakia (SK) EUR
Slovenia (SI) EUR
Spain (ES) EUR
Sweden (SE) EUR
Switzerland (CH) EUR
United Kingdom (GB) EUR
United States (US) USD

In order to do ETF or ACH you need to have central bank access -- you notice Canada (a low risk country) is missing also?

There should be world-wide ETF -- there will be sooner or later.

To be honest, I was half expecting my first Paxum withdrawal to come from a local agent who receives wires from Paxum, then does a bank transfer.

That sort of arrangement probably would have worked 10 or 15 years ago. These days that sort of activity would get your bank account flagged pretty quickly. I had my bank asking all sorts of nosy questions about the sources of deposits to my USD account. :321GFY

and... closed again?? :helpme:helpme :Oh crap:Oh crap :1orglaugh:1orglaugh

They said it's temp. Read the thread.

Wow, this sounds nice! Looking forward to hearing the news.
:pimp :thumbsup :2 cents: