Payment options acceptable to Nanaimo Gold

This document discribes what is acceptable payment and what special requirements are needed for each instrument. Also look here for tips on saving time and money.

Please do not send money in formats other than are specifically described here. Payments made otherwise will regrettably be returned.

Nanaimo Gold accepts the following financial instruments:


Western Union Money Transfer 

For those in a hurry, Western Union (WU) is the fastest way to get digital currency from Nanaimo Gold. You can have your order settled on the same day.

Nanaimo Gold receives Western Union Money Transfers at about 6 PM Pacific time on days when the service is operating, Mon - Sat excluding holidays. Trades are settled after 7 PM. Guaranteed fast service is available optionally for $8.

When you place a buy order with Nanaimo Gold the system will send you an email with details and instructions to complete your payment. In that email is a link to input the number from your WU receipt (MTCN) to the Nanaimo Gold website.

Expect that you will need to visit a WU location with cash in hand. They have many service counters in many countries so it is likely that there is one near you.

You must pay for your transfer in person. Transfers paid for not in person will not be picked up. Nanaimo Gold respects your privacy and does not require you to show your ID. Please respect our need for this cash only policy.

WU fees, limits and proceedures vary from place to place and even from agent to agent. To find out what options apply to you, check directly with a local Western Union agent. On their website is an agent finder utility. You can also find an agent through your local telephone directory.
 

Moneygram Express 

MoneyGram Express is another instant wire service. Nanaimo Gold processes MG orders on Tuesdays and Fridays, varying to accommodate holidays.

MG have many locations in many countries so there may be an agent near you. MG offers service in many Walmart stores, can be found in Canada Post offices and many other service and retail businesses. Check the Moneygram International website for locations and fees.

When you place a buy order with Nanaimo Gold the system will send you an email with details and instructions to complete your payment. You might print it out to take with you to MG. It is important that you mark the test question and answer as instructed by the email. Also in the email is a link to input the number from your MG receipt (MGRN) to the Nanaimo Gold website.

Expect that you will need to visit a MG location with cash in hand. Some few people in some certain places are allowed to send MG online charged to a credit card. Look to their website to learn what options you have.

To know for sure what your transfer will cost, ask an agent. These examples are from the MG website calculator:

  • $100.00    12.00
  • $200.00    12.00
  • $500.00    36.00
  • $999.00    60.00
 

Canada Post Money Order 

Available up to $999.99 at any Canada Post (CP) service counter for a flat rate of $5.50. These are covered against loss in the mail. Make money order (MO) payable to Shane Smith or leave the payee area blank. Retain your copy for assurance until after the trade is settled. Buy the money order denominated in Canadian dollars (CAD). US dollar denominated MOs cost you more to buy due to foreign exchange fees, take longer to clear and are subject again to exchange fees when cashed by Nanaimo Gold. If you send USD denominated CP MOs, you will be deducted for this extra cost. Gold is measured by weight. There is no USD gold vs CAD gold.

When you place a buy order with Nanaimo Gold the system will send you an email with details and instructions to complete your payment. You might print out this email to enclose with the MO. It is important that you mark the memo line on the MO; "payment for gold". Neglecting to do this may result in your order being delayed.


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About Canada Post Money Orders.

 

Cash by mail 

Sending cash through the mail works well and is the most economical way to pay. There are no extra fees beyond the cost of a stamp. Nanaimo Gold rebates $2 on cash paid orders to make it even cheaper to pay with cash.

Nanaimo Gold offers foreign exchange rates the same or better than the big banks. Euros (EUR), Great British pounds (GBP), United States dollars (USD, and Canadian dollars (CAD) are always welcome. For other national currencies, please enquire first before sending.

Cash by mail is very thrifty and especially suitable for small purchases.

When you place a buy order with Nanaimo Gold the system will send you an email with details and instructions to complete your payment. You might print this email to enclose with the cash.

 

More notes on payments 

Do not send mail requiring a signature as this will delay your order. Send Xpresspost or expedited if you like but don't check the signature required option.

Do not send me money orders from banks or other institutions not mentioned here. Don't send cashier's cheques. Sorry, no USPS money orders. If it can't be easily cashed, it will be returned to sender.

Do not send transfers larger than $999 CAD or equivalent without authorisation by email.

Your suggestions for more funding options are welcome. Feel free to use the contact form and the public forums.


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