[archmagi]

depositing is no problem. Neteller has bank accounts in most european countries and all you pay is the standard bank transfer fee.
while withdrawing you might take 2 hits: first, if you get a cheque then there is a hefty fee to bank it (depends on country, but should be around $30. second, you will take a hit because you won't get a favourable exchange rate.
But still, I find it the best option.