[Cassidy]

Looks like a USD Neteller account is the way to go.

I expect to be withdrawing once a month from Neteller to my UK bank account.

I'm curious though as to when the currency conversion occurs.

I assume that Neteller deducts 1.9% from the amount being transferred as its fee and then converts the remaining USD to GBP which is then transferred to my bank.

I wonder if any additional "commission" is applied during the currency conversion in addition to Netellers 1.9% fee.