Re: Most efficient way to withdraw from PP to the UK?
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The bank won't matter. If you live in the UK and withdraw dollars out of your neteller account, neteller will convert it and send you a check in pounds. You walk that to the bank, no fees.
Why would the bank want to charge a fee, take a month? My neteller checks are drawn on Barclays UK.
I'm sure that some kind of electronic solution is better but my bank only has electron which doesn't work with any of them.
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Except Neteller will rip you off big time on their exchange fees!!
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I have set up my neteller acc. in US$ not GBP so at least I don't lose in every transaction due to exchange rates. But for PP, Switch is the best option.
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