To my fellow Filipinos, will moneybookers convert your earnings from dollars in

this is how our money or earnings are transferred from mylot to moneybookers then to our local banks. usually mylot make their payouts for the current month by the 15th of next month, meaning this july 15th we will be receiving our payouts for june's earnings. in your case, since you are still a newbie, until when you reach the minimum payout of $10, you won't be receiving anything. when mylot has transferred your earnings to moneybookers, our online payment processor, moneybookers will send us an email informing us that we have been paid by mylot. then moneybookers will forward the amount to our local bank of choice(the bank we chose when signing up with moneybookers). we will be deducted $2.40 for every withdrawal transaction we make in moneybookers. therefore, i would say our local banks will cash us out in pesos.

yeah it will be automatically converted into peso if you link it with your peso account here in the philippines. I can suggest taht transfer your fund when you have big amount in moneybrookers so you can save for the fees. So you ll earn more.