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 $25.00.The cost of issuing a withdrawal check is payable by the receiver (i.e the exchange member requesting the withdrawal) and will be deducted from the withdrawal amount requested. This will be done by the issuing bank and not by the Exchange. Details of the cost of issuing the check will be attached to the check itself when it is received. For your first check withdrawal per calendar month you will incur only the cost of issuing the check. Any further check withdrawals in the same calendar month will incur a $10.00 admin fee from the Exchange, in addition to the cost of issuing the check. 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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