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Online money transfers costs

  • 30-05-2008 10:01am
    #1
    digiman
    Registered Users, Registered Users 2 Posts: 4,258 ✭✭✭


    Does anyone have a definite guide to the costs of transferring money from your poker account to each of the ewallets and then the other way of going from your ewallet to the poker site? Its a question that comes up a bit and would be handy to have it in the usefull threads

    Say for the sites Pokerstars, Full Tilt, Everest and Ipoker using either moneybookers or Neteller.

    Would it be worth setting up a moneybookers account as well as Neteller if they are more competitive on different areas?


Comments

  • #2
    sgtbilko01
    Registered Users, Registered Users 2 Posts: 411 ✭✭sgtbilko01


    I think Moneybookers is prob the best service for your transactions and i use it for all mine.They dont charge you for uploading funds to them or individual sites,but when you withdraw to your bank acc there is a 1.80 euro charge which in my opinion is trivial.I recently set up a Netteler acc as a back up and because i mistakenly entered some details wrongly my acc is frozen for all transactions even though i've never used them yet! I've been back and forward with Emais,Identification,Bank statements etc etc and having no joy at all and now im just going to leave it for moment so i cant realy comment on them yet.Individual poker sites have different cashout policies,but mainly everything flows fine and requested cashouts,once approved (24-48hrs) only take few hrs.I know with Stars u can cashout immediatley up to the amount you have deposited in previous uploads and ballance goes for approval.Both Stars and Ipoker heve no cashout charge to your Moneybookers walet.Hope this ans few of your questions,Bilko


  • #3
    Slash/ED
    Closed Accounts Posts: 3,163 ✭✭✭Slash/ED


    The main way you get charged is the currency conversions involved in transfering across skins assuming your moneybookers is in euro and they are in dollar


  • #4
    sgtbilko01
    Registered Users, Registered Users 2 Posts: 411 ✭✭sgtbilko01


    Yes,forgot bout the currency conversion e.g the other day i req my first cashout from Party Poker.If i was to deposit 100 euro that day i would get 152 dollars,but for every 152 dollars i withdrew i would only get 94.50 in euro thus loosing 5% which realy sucks as rake etc at 100nl means profiting is that little bit tougher!


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