Is there a fee for participating in the Credit Exchange?
The Credit Exchange does not charge any additional fees. A lender pays the standard 0.5% fee upon request to transfer money to a borrower. A borrower also pays the standard 0.5% fee upon request to transfer money to the lender. Please note that the fee for unverified accounts equals 1.99%.
I have sent a copy of my passport but my name is not verified. Why?
Data verification is carried out manually by our staff members, so this process may take 3-5 days.
Perfect Money team proudly announces Islam Banking compliant account setting 16.01.17
Due to rapid adoption of Perfect Money payment system at Malaysian, Indonesian, Pakistani, Iranian, Turkish and United Arab Emirates markets we have introduced account setting enabling our customers to comply with Islam Banking standards. One of the main principles of Islamic Banking is elimination of interest on account balance.
Clients that would like to follow Islam Banking standards may now disable monthly interest payments at settings directory of Perfect Money account.
Clients that would like to receive monthly interest will continue to do so as before.
Perfect Money is determined to meet the most diverse customers requirements while providing the most innovative solutions on online payment system market.
