From Friday November 14th fees charged for processing withdrawals from members accounts will be as follows. These changes, the first in 4 years are due to increased bank and processor charges:Bank Wire Withdrawal:There is a $20.00 fee processing a bank wire withdrawal. Fees charged by the sending bank, the receiving bank and any intermediary bank are payable by the receiver. Check Withdrawal:The minimum withdrawal is $25. Intrade sends withdrawals by cashiers check and there is a $8.50 fee processing a check withdrawal. If you are closing your account and wish to withdraw your final account balance, and this balance is not sufficient to cover the withdrawal fee, we will calculate the amount of exchange fees you have paid. If they are sufficient to cover the cost of the withdrawal your check will be issued without the $10.00 fee being charged. If they are not sufficient to cover the $10.00 fee then your withdrawal will not be processed.General:While Intrade will always endeavour to process and route your withdrawal in the most efficient manner we are unable to cover or refund withdrawal processing fees. Withdrawal fees will be deducted from your account when to request a withdrawal. If you have any questions regarding these new banking charges please contact the exchange by email: help@intrade.com.
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