Monday, January 26, 2015

How to withdraw Money Via Payza Locally without wire transfer?


Withdraw Money From Payza To You Local Bank Account Without Exchanger or Expensive Wire Transfer:-


Withdraw Payza Money LocallyWithdrawing money via Payza can be a real pain in the ass. With limited options for withdrawing and with so expensive fees a person cannot easily withdraw money from Payza if the local bank transfer option is not available in your country. Its not that Payza won't charge your for withdrawing money locally but it would be way better than that Wire transfer which costs $25 or even via Credit card which alone costs $8 to $10 Which is quite expensive as you compare it with PayPal or other Payment processors.


But i will show you a method to withdraw money in your local bank account with Payza even if you are in the country where Payza don't support local bank transfers. This method is not risky but if you don't take precautions then you can also lose money in the process. With these simple steps you can avoid Wire transfer charges and also credit card charges and will get the money locally in your bank account like Western Union or MoneyGram. So the steps below to help you out:-

  1. First go to local Bitcoins and register your account. Check if there are sellers which are willing to Pay you locally by bank from your country. If yes then proceed and if not then check alternatives or other options by which you can get money like other Payment Processors or Debit card Transfer.

  2. Go to receive Bitcoin or Wallet page and check the address of your wallet and copy that address.

  3. Now you need to login to your Payza Account.

  4. Go to withdraw Page and choose Bitcoin. Now note that you need $20 minimum to withdraw money via Bitcoins and after that enter your Bitcoin address that you just copied from Local Bitcoins site.

  5. After receiving the funds in Local Bitcoin site. Visit the local merchants who are buying Bitcoins or simply selling page and check for people who have good feedback and are willing to transfer money to bank account.

  6. Choose the best candidate and enter the amount of Bitcoins. The Transactions are instant if the buyer is online or it might take an hour or so. The system is escrow so don't worry that you will lose Bitcoins.

  7. After you get cash in your bank account by the buyer you can release the Bitcoins but only if you are sure that you got the cash in your bank account otherwise don't release the coins till you get cash.

  8. And after all that now you can enjoy money in your bank account from Payza.

This method is new and is tested by me but if you ever face problems then you can contact me and i will help you out via comments. Thank you so much for reading the article and enjoy withdraw money via Payza locally without wire transfer. Its a shame that Payza don't have local withdraw options but there is a solution for almost everything on annoying solutions.
There are no exchangers involved in the above article and there is no risk involved but if you are stuck or have fear that you will lose money then rest assured you won't get scammed because the site i gave you support escrow feature so its pretty safe and you are in-charge of the Bitcoins even after getting the cash.

Precautions:-




  • Don't release the Bitcoins. The Buyer will send cash first to your bank account. After confirmation that the buyer had send you money. Then release the Escrow Bitcoins.



  • Don't keep the Bitcoins for even a Day because the currency sometimes falls down so be sure to exchange instantly or even in a single day.



  • Check that the person you are exchanging Bitcoins for Cash in your bank account is verified and have good feedback. If a person have no feedback then avoid him is the best option.



  • This method is new and can be faulty at time but you can ask me anything!


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