$ or € Neteller?

pok3rplaya

Which is better for the Irish poker player? My account is currently in € which means I have to pay a currency exchange fee on withdrawal of fees from my poker room. If my Neteller was a $ account are the fees the same except I pay them on transfer of money into my bank account? This would make more sense as transfer between poker rooms would then be free.

hmm... anyone got experience with a $ account?

Wallko

im in the process of setting one up now, everyone i know told me to set it up in $ for those reasons, a lot less hassle as nearly all sites deal with $

RoundTower

I'm setting one up too (have been for ages) and had to close down a € one and set it up in $. Maybe it depends on exactly what you will do with it, but most likely you will use it a lot to transfer funds from one account online to another, and only occasionally to cash out/deposit to/from your € bank account.

pok3rplaya

RoundTower wrote:

and only occasionally to cash out to your € bank account.

Hey! What are you trying to say!!??

RoundTower

Lol...are there some people who don't run up 5 figure tanks on every site and then tilt them away? I figured if I got a $ Neteller account I could just transfer any money I needed to cash out into All in, and then cash out in the Fitz.

dingle

I just changed my account from € to $ yesterday. Very easy to do and their Customer Support is excellent

Rnger

just curious.. how much does netteller cost? I've been meaning to finish sorting it out for ages now

Lafortezza

Rnger wrote:

just curious.. how much does netteller cost? I've been meaning to finish sorting it out for ages now

Nothing!

Ste05

dingle wrote:

I just changed my account from € to $ yesterday. Very easy to do and their Customer Support is excellent

I did this a while ago too, I got it all done in one night. Bank details, money, etc. all transferred over to my new $ account in a couple of hours.

pok3rplaya

Just got off the LiveChat with neteller support. The currency exchange fee is 1.9% and its the same wheather you pay it between poker room and neteller or neteller and Irish bank account. So that means the best neteller to get is a USD one.

Oh and neteller Debit cards are now available to Irish residents I belive. I think this is a fairly new feature (for non-yanks). Its just like a Laser card except it debits your Neteller account directly. Probably very handy, I just applied. Send an email to debitcards@neteller.com to apply. You must have a Premier Neteller Account. (and some poker winnings to debit )

MrPillowTalk

pok3rplaya wrote:

Just got off the LiveChat with neteller support. The currency exchange fee is 1.9% and its the same wheather you pay it between poker room and neteller or neteller and Irish bank account. So that means the best neteller to get is a USD one.

Oh and neteller Debit cards are now available to Irish residents I belive. I think this is a fairly new feature (for non-yanks). Its just like a Laser card except it debits your Neteller account directly. Probably very handy, I just applied. Send an email to debitcards@neteller.com to apply. You must have a Premier Neteller Account. (and some poker winnings to debit )

The debit cards been available for ages Ive had one well over a year.

Neteller is a great service and their customer support are unbelieveably helpful however I have been trying to get them to send me my account history outlining the charges on my account for months at this stage and still it hasnt arrived. It is very difficult to find out exactly what charges are being applied by neteller and what charges are being applied by my own bank.

Still neteller is essential if you play much online

pok3rplaya

MrPillowTalk wrote:

The debit cards been available for ages Ive had one well over a year.

How useful are they? Do they work in shops? ATMs? Other countries?

Ste05

Is there not a €2 charge or similar every time you use it??

Mr. Flibble

I transferred $140 from Neteller ($ account) to VC (euro account) and then back again instantly to Neteller and was left with $130. So it isn't free, unless it was VC doing the skimming.

Dub13

Some sites its free such as Pokerstars and VBP but others like Betfair charge.

pok3rplaya

Yeah some sites pick up the tab, others don't as far as I know.

MrPillowTalk

pok3rplaya wrote:

How useful are they? Do they work in shops? ATMs? Other countries?

work in any cirrus/maestro atm anywhere in the world. The max you can transfer from your netteller acc to your debit card acc is €800 p/day so if your looking to cash out a large ammount the cheque option is better but less instantaneous. I find the debit card quite useful but like I said its hard to find out how much your being charged

staringelf

pok3rplaya wrote:

Just got off the LiveChat with neteller support. The currency exchange fee is 1.9% and its the same wheather you pay it between poker room and neteller or neteller and Irish bank account. So that means the best neteller to get is a USD one.

sorry if i'm missing something obvious here but i don't understand why its more beneficial to change it to US dollars if the exchange rate is 1.9% either way. can someone enlighten me. for a poker player my maths suck ass. should i change my account to dollars (its currently in euro)?

pok3rplaya

staringelf wrote:

sorry if i'm missing something obvious here but i don't understand why its more beneficial to change it to US dollars if the exchange rate is 1.9% either way. can someone enlighten me. for a poker player my maths suck ass. should i change my account to dollars (its currently in euro)?

Because it means you have the benefit of being able to transfer $ between different poker rooms for no currency exchange fee. Most poker rooms deal in USD. There is no drawbacks.

staringelf

pok3rplaya wrote:

Because it means you have the benefit of being able to transfer $ between different poker rooms for no currency exchange fee. Most poker rooms deal in USD. There is no drawbacks.

aah, i see. i don't really transfer between sites that much. 99% i play on the one site. might change it anyway tho

pok3rplaya

For anyone interested, this is from Neteller support regarding their Debit Card usage fees:



Please see below for a list of the NETELLER ATM Card fees


Usage Type
Currency USD


Fee - International


Activation Fee


FREE

Deposit To NETELLER

N/A

Withdrawal From NETELLER


$2.00 USD

ATM Cash Advance


$2.50

Point of Sale (POS)

$2.25

Declined ATM/POS


$3.83

Balance Inquiry

$2.13

Statement of Account

$1.50

Dormant Card Charge

$2.95**



The only fee withdrawn by NETELLER is the initial $2.00 withdrawal fee. All other fees associated with the card are withdrawn by the card provider.



* ATM Cards that have had no activity within a 30-day period will have this fee deducted from their balance.



** ATM Cards that carry a balance on the beginning of the month will have this fee deducted from their balance.



Dormant Card Charge



· Canadian and International ATM card holders will have this fee debited from their NETELLER ATM Card balance for six successive months or until the card no longer has a positive balance.



Should you have any questions regarding the NETELLER ATM Card, please email atmcards@neteller.com.



Thank you for choosing NETELLER.