How do I make linden to make a wire bank transfer?

[Fox Paragorn]

Hello, I only update my acount in order to be able to withdraw money from it.

I have been working really hard for the last 2 and 3 months and was told that i need a credit card.. I guessed i think wrongly that it will be just set as credit in the same credit card I used to pay for it.

Then i notice its pay pal (that i have no way of getting money from it so its not a choice). or wire transfer. that after trying to do all the steps for it, I am stuck because in the billing suport tab. there is not the supposed option "Request Payout via Wire Transfer."

 

So basically if this does not work i am stuck wit all the money i managed to earn inside the system.

Can anyone help?

[KarenMichelle Lane]

Process credit (withdrawal)

Net proceeds from your sales of Linden Dollars remain as credit on your Second Life account, and this credit is automatically applied to your account fees as described above. If you do not wish to apply your Linden Dollar sales proceeds to your fees, you may process this portion of your account credit to a payment to you (See Process Credit ). Note that you may only process credit due to net proceeds from sales of Linden Dollars. Purchases of account credits and credits due to gift codes or other promotional account credits are nonrefundable, and may not be processed as a payment to you.To view a full history of your process credit transactions, see the Process Credit History page.

You must be in full compliance with our Terms of Service to receive any payment through the credit payment process. This includes, without limitation, the requirement to have accurate and complete registration information, including verifiable billing information.

You may choose to withdraw your US dollar balance via PayPal or bank wire.

Note: Use a bank wire only under the following circumstances: PayPal will not permit payments to your country. You are expecting payment of $10,000 or more.

For instructions on setting up wire transfer payments, see Setting up process credit payments through a wire transfer.

Depending on which withdrawal option you choose, you may be subject to fees and minimum withdrawal amounts.

How long does it take to process credits?

LindeX processing can take 0-5 business days* if they're through Paypal.

We strive for quick turnaround; however, holidays and the volume of transactions can affect processing times.

 

Please be aware that LindeX processing through PayPal can take up to five business days (Monday-Friday, not including U.S. holidays).

Bank wire payout request processing time is fifteen business days. Holidays and high transaction volume can affect processing times.

Important: You must be in full compliance with the Second Life Terms of Service to receive any payment through the credit payment process. This includes, without limitation, the requirement to have accurate and complete registration information, including verifiable billing information.

Buy account credit

You can add funds to your US dollar balance on the Increase Credit page. When using this feature, you must add at least US$25 at a time.

Wire transfers

Anyone can put money on account by sending Linden Lab a bank wire. If you wish to set up a wire transfer, please read and follow the instructions below carefully.

If you are wiring money to pay for a Private Region (island), you should wire the money before ordering through the land store, or place a special order through our invoicing system. Delivery time for Private Regions ordered through our invoicing system is longer than through the land store. If you choose to use our invoicing system, you will need your invoice number in order to complete the wire transfer.

To wire funds into your Second Life account, you must transfer the funds to Linden Lab's bank. Once you submit a support case for a wire transfer (explained below), we provide you with the information necessary to complete the transfer. Initiate the transfer with your bank promptly to avoid delays in delivery of your funds and processing of any Private Region orders.

Note: Because of the high fees we incur for wiring funds, there is a US$25.00 transfer fee. There is also a minimum amount (US$100.00) required to credit your account. If, for example, you want to put US$100.00 on account with us, you'll need to wire us US$125.00.

Wires can take up to five business days to post to your account, possibly longer for international transfers. Funds transferred must be in US$ currency.

To submit a request for a wire transfer:

1. Go to the Second Life Support Portal and make sure you're logged in.
2. Click Submit a Support Case.
3. Under What type of problem are you having? select Billing.
4. From the Billing dropdown, select Other Billing Issues.
5. Fill in the fields that appear and click Submit.

Voice-activated wires

To initiate a voice activated wire, call Wells Fargo Wire Transfer Services toll free at 1-888-384-8400 (within the US) or 001-800-964-4801 (from Mexico or Canada) or 001-303-384-8400 (all other international callers).

Required information

You will be asked for the following information:

• Your account number and any other identifying information.
• Your wire repetitive number (if applicable).
• The amount of the funds to be transferred.
• The currency type for international wire transfers.
• Contract number when foreign currency is equal to or over $15,000 US equivalent.
• Beneficiary bank information; this is Linden Lab's bank information, which we will supply to you after you've submitted a wire transfer request.
• Beneficiary bank routing instructions.
  • Beneficiary account number.
  • Beneficiary name and address.
  • Any additional information for the receiving bank or beneficiary (i.e., invoice numbers, loan payment, etc.)

Department hours (Monday - Friday)

Same day wire initiation hours 7:30 A.M. to 4:30 PM Central Time (CT)

Future dated wire initiation hours 7:30 A.M. to 7:00 PM (CT)

Customer service hours 7:30 A.M. to 8:00 PM (CT)

Spanish language hours 7:30 A.M. to 7:00 PM (CT)

Wire transfer daily deadlines

Requests received after deadlines will be processed the next business day.

• 12:00 PM (CT) Same day wires to Mexico in pesos and wires to Canada in Canadian dollars
• 3:00 PM (CT) Tax payments
• 4:30 PM (CT) Outgoing domestic and international wire transfers and outgoing drawdowns
• 5:00 PM (CT) Bank settlement sransfers (correspondent banks only)
• 5:30 PM (CT) Incoming wires
• 7:00 PM (CT) Same day wire transfers between two Wells Fargo accounts (book transfers and internal transfers)

To avoid delays or additional fees on outgoing wires

Provide Linden Lab's complete information, including account name, account number, and SWIFT code, which we will supply to you after you've submitted a wire transfer request. When initiating Same Day Canadian Dollar and Mexican Peso wires prior to the deadline of 12:00 PM CT, please be sure to indicate that it is a same day transfer.

Information for international wires

Please ensure Linden Lab's account accepts the foreign currency you are wiring. International foreign currency wires are generally less expensive as compared with international US$ wires. (The Wells Fargo wire fee is always less when the wire is sent in foreign currency, and Wells Fargo does not charge a converting fee. They also offer competitive exchange rates.) For international wires in foreign currency of US$15,000 equivalent or more, please call your local foreign exchange specialist to obtain a contract number.

For wires from European Union VAT jurisdictions, please include the applicable VAT amount in addition to the net wire amount and fees if you are or will be conducting any revenue-generating activity with this purchase. Please also kindly provide us with your VAT registration number.

How to cancel a request to process credit

If you think you've made a mistake in requesting account credits to be processed:

1. Log into our website at secondlife.com.
2. At the top of the page, click your Second Life name next to Welcome. Your Dashboard opens.
3. Under the Linden Exchange heading on the left side of your Dashboard, select  Manage > Process Credit History. Your Process Credit History page opens.
4. Verify the transaction information.
5. If the email, mailing address, or amounts are incorrect and the transaction needs to be cancelled, please contact us through any of the following methods:
   • Residents with premium account or Concierge status can initiate a Live Chat session.
   • Residents with a premium account or Concierge status can submit support tickets related to billing and L$.
   • Concierge level Residents may call the Concierge Support Line listed on our Support Portal.
   • Any Resident can contact us by phone. Please use the phone numbers on the Billing support page.

Setting up process credit payments through a wire transfer

Under certain circumstances, you can request payment from Linden Lab to your bank via wire transfer. Please see the section on Process credit (withdrawal), above.

Note: Use a bank wire only under the following circumstances: PayPal will not permit payments to your country. You are expecting payment of $10,000 or more.

To set up Process Credit payments through bank wire transfer:

1. Go to the Second Life Support Portal and make sure you're logged in.
2. Click Submit a Support Case.
3. Under What type of problem are you having? select Billing.
4. From the Billing dropdown, select Request Payout via Wire Transfer.
5. Fill in the fields that appear and click Submit.

In order to send you a bank wire, we require some additional information about you. We are aware that this information is sensitive and confidential, and we protect it with the utmost confidence according to our Terms of Service and Community Standards.

When you create your support case, please provide the following:

• First Name
• Last Name
• Avatar Name
• Email
• Mailing Address
• Phone
• Requested amount
• Tax ID/SSN
• Bank account Number
• Bank name
• Bank address
• Bank contact
• ABA number
• IBAN number
• SWIFT number
• Special notes
• Please also send a legible scan of a photo ID and (if applicable) your business license or tax certificate

When the case is complete and submitted, we will conduct a review to determine your eligibility to receive a wire. All requests are processed in the order received.

Note: The decision to send a wire is at our sole discretion, and we make no guarantee that we will issue a wire to you. Incomplete submissions will be rejected.

Associated costs

There are some costs associated with payments via wire transfer:

• Linden Lab will deduct a $100 processing fee for a bank wire over $10,000, in addition to any fees charged by your financial institution.
• In cases where PayPal does not allow payments to be sent to your location, we will deduct a 1% fee for wires sent.

[Codewarrior Congrejo]

In addition to Karen's great answer.


For complicity: You can withdraw / transfer money from paypal to your account.

You have to 'link' your bank account to paypal within your account settings on the paypal website.

Then paypal will make a transaction with 2 cents onto your bank account and send an alphanumeric key along with it. As soon as you got this transaction on your account, note down that key and fill it into the linked bank account settings on your paypal account. Voilà, now you can not only send money to your paypal account, you can also transfer money from Linden lab to your paypal and from there to your bank.

[Lindal Kidd]

If you can use it, PayPal is by far the best and easiest way to get your profits out of Second Life.

But, if you can't, there are some third party Linden Dollar exchanges that can help you convert your profits back into real world cash.  Be sure the one you use employs the "Linden Lab Exchange Risk API"...a software tool that reduces the chances of fraud.  Sites who use this API are less likely to be shady scammers who will steal your money.

I have used both DX Exchange and VirWox to BUY $L, but I haven't used them to sell $L or get cash out...so I can't vouch for their process or reliability.  Those aren't the only two out there, just the ones I've used myself.  With any third party exchange, you must do your own research and take your own risks.

[liko211]

does this still work?

[Alwin Alcott]

23 minutes ago, liko211 said:

does this still work?

i would recommend to read the knowledgebase above a thread from 2013

[Lindal Kidd]

No.  Back in 2013, we still had third party Linden Dollar exchanges.  That is no longer the case.  The official Linden Dollar Exchange is the only way you can buy or sell $L.

[bigmoe Whitfield]

On 1/2/2021 at 5:40 AM, liko211 said:

does this still work?

also there was a warning about the date,  2013 is old, information changes, when it comes to money,  it's best to always a new topic when wanting to know this kind of information so we can easier help you with what you would like to know with current information.