Cashout To Neteller - How Fast?
 

I just cashed out to neteller from pokerstars then went to neteller to check my current balance. Whilst I was entering the neteller site I got notification from pokerstars that my cashout was confirmed and that: Automatic NETeller transactions are available in your NETeller account immediately.

Do all sites do this now? I've usually waited between a couple of hours up to 2 days to get the cashout to neteller.

Thanks

Potless

I Thought I Was Winning!

Re: Cashout To Neteller - How Fast?
 

No, not all sites are this nice. I cashout out from aztec monday, and they said on friday that I should have it by Monday. Wow, only a week!

Re: Cashout To Neteller - How Fast?
 

No, only Poker Stars is this quick. The closest are Party cashouts which can hit Neteller within 3 hours.

Re: Cashout To Neteller - How Fast?
 

[ QUOTE ]
I just cashed out to neteller from pokerstars then went to neteller to check my current balance. Whilst I was entering the neteller site I got notification from pokerstars that my cashout was confirmed and that: Automatic NETeller transactions are available in your NETeller account immediately.

Do all sites do this now? I've usually waited between a couple of hours up to 2 days to get the cashout to neteller.

Thanks

Potless

I Thought I Was Winning!

[/ QUOTE ]

Cashed out of Pacific on Tuesday. Friday morning, they finally said on their site that it had been "processed" (They say that they hold it for 3 days so you don't have to go through the "inconvenience" of re-depositing if you want to put money back on their site. Gee, thanks!).

It still hasn't shown up in my Neteller account.

Today (Saturday) I called Pacific to find out what happened to the money, and they blamed Neteller, saying that they didn't accept funds on the weekend. When I told them that would be completely irrelevant if they had actually "processed" the withdrawl on Friday as they claimed, the customer service rep didn't say a word.

Needless to say, I cashed out the remainder of the funds I had on Pacific right after that conversation. Who knows when I'll get it.

Re: Cashout To Neteller - How Fast?
 

i thought the instant cashouts were only up to the total purchased.

simple example--->

you open a new account and deposit 500. 4 days later you cashout 600. i thought the 500 was credited instantly, but the 100 went through the standard hold.

is there any truth to this? anyone know?

Re: Cashout To Neteller - How Fast?
 

[ QUOTE ]
i thought the instant cashouts were only up to the total purchased.

simple example--->

you open a new account and deposit 500. 4 days later you cashout 600. i thought the 500 was credited instantly, but the 100 went through the standard hold.

is there any truth to this? anyone know?

[/ QUOTE ]

Yes this is the case. I think it goes back to your last deposit.

Last month I had $100 in my acct. made a $600 deposit for the reload bonus. After I cleared it I withdrew $750 back to Neteller. $600 was back in a couple of minutes and rest took a day or two.

Re: Cashout To Neteller - How Fast?
 

Yes the cashout was money previously deposited so this may explain the difference. Previously though even the purchased amount took as long as the additional amount so its still nice to know for emergency movements.

Re: Cashout To Neteller - How Fast?
 

does this apply to the life of the account?

if i am down 1k in 3 years, does that mean all cashouts up to 1k will be instant? or does this formula just apply to last deposit?

Re: Cashout To Neteller - How Fast?
 

Today (Saturday) I called Pacific to find out what happened to the money, and they blamed Neteller, saying that they didn't accept funds on the weekend. When I told them that would be completely irrelevant if they had actually "processed" the withdrawl on Friday as they claimed, the customer service rep didn't say a word.

This is BS Neteller takes cashouts 24/7.

As for the Pokerstars cashouts I won a KOTZ and cleared a bonus from a $600 cashout. My cashout was $8xx and I got all of it instant. The next cashout I won only a portion of the bonus and it cashed out instant. I guess there may be some line or % above your deposit they figure? I dont know as I do not do well enough at Stars to have cashed out a big win.

Re: Cashout To Neteller - How Fast?
 

I think pokerstars now has some sort of system in place where a portion of player deposits are held in some sort of "mini-escrow" which can be released immediately on demand when a withdrawal is requested. in other words, individual account bankrolls are now held separate from each other and not mixed into some general 'money pool'.

if you have made additional profits on top of your original deposit amount, then you withdrawal will be split into two transactions - your original deposit amount which is released back to neteller IMMEDIATELY (literally, 2 seconds!) and then the rest generally within 24 hours.

when you log into PS and read the pop-up news window, at the bottom there is a small press release explaining this funds arrangement with Bank of Scotland plc.

the only places in my experience that have done "fast" neteller withdrawals consistently in 24 hours or less are pokerstars, the party skins and bodog (the latter probably because of their sportsbook relations).