cardspeak
02-08-2005, 04:48 PM
After years of only playing B&M, I'm finally getting around to trying online play. I've had some concerns re: security and costs associated with online play. I've searched out various info from this forum, netellers site, party poker, etc. So...
As of now I'm planning to open a dedicated poker bank account and transfer funds into neteller via EFT (electronic fund transfer). As I understand it, there will be no fees to do any of the transfers (my bank to Neteller, then to the poker site, back to N, then to my bank). Is this true?
Other info sites say that Neteller doesn't charge for EFT's, but unfortunately the Neteller site doesn't seem to state their fees when describing one's options for deposits and withdrawls. I also need to check with my bank as to whether they charge for EFT's. Does your bank charge for EFT's?
I've also considered using a debit card from my new bank account to deposit to Neteller, but can't tell whether Neteller will consider this a credit card transaction and charge the 3.9% fee. I just thought this might be a faster way to get the money to Neteller than the 4-5 days for the EFT. Anyone tried this?
Lastly, does it take the same 4-5 days to get money withdrawn to my bank account that it took to get it into Neteller via EFT?
I know many people here are old hands at this stuff. I appreciate any guidance you may provide. I searched several months of archives for these answers, but no luck. If there's already a post somewhere/somewhen covering these issues kindly direct me to it. Thanks.
As of now I'm planning to open a dedicated poker bank account and transfer funds into neteller via EFT (electronic fund transfer). As I understand it, there will be no fees to do any of the transfers (my bank to Neteller, then to the poker site, back to N, then to my bank). Is this true?
Other info sites say that Neteller doesn't charge for EFT's, but unfortunately the Neteller site doesn't seem to state their fees when describing one's options for deposits and withdrawls. I also need to check with my bank as to whether they charge for EFT's. Does your bank charge for EFT's?
I've also considered using a debit card from my new bank account to deposit to Neteller, but can't tell whether Neteller will consider this a credit card transaction and charge the 3.9% fee. I just thought this might be a faster way to get the money to Neteller than the 4-5 days for the EFT. Anyone tried this?
Lastly, does it take the same 4-5 days to get money withdrawn to my bank account that it took to get it into Neteller via EFT?
I know many people here are old hands at this stuff. I appreciate any guidance you may provide. I searched several months of archives for these answers, but no luck. If there's already a post somewhere/somewhen covering these issues kindly direct me to it. Thanks.