Egold instant cash
The E-gold was established in the year 1996. It is an e-currency gold bullion. It is not connected to the banking system in any way. E-gold.com do convert cash into gold or vis-versa. Rather, you meet gold exchanger site that convert gold into cash. These people are refer to as gold brokers.
Anyone can open a free e-gold account http://www.e-gold.com/e-gold.asp?cid=5376042 - there are no restrictions in setting it up. (Geographic, age, status etc.). Except may be one for personal and or the other for business.
You can fund your account with a credit card, debit card, bank wire, bank draft, cash, electronic banking, Western Union, etc. etc. depending on the requirement of the gold exchanger. Transferring of money from one account to the other account is very easy, secure and it is instant confirmation
Spending e-gold is free. Vendor transaction fees are usually low compared to credit card fees. It is 1% subject to a maximum of 50 cents (USD) per transaction. There is an annual Agio fee of 1% on your average monthly balance. This is deducted in monthly installments. Overall it is a great way to anonymously pass money from one individual to another individual / organisation.
Redeeming your e-gold is easy. You just get a cheque (check) posted to whatever name you want at whatever address you want. Have it transferred straight in to your UK account at no cost. You can also cash in your e-gold with various anonymous ATM cards.
