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Old 02-17-2005, 04:56 AM
rusty JEDI rusty JEDI is offline
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Join Date: Nov 2002
Location: British Columbia, Canada
Posts: 1,514
Default Re: Neteller Canadian Exchange

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Has anybody in canada tried getting a USD check mailed from Neteller, and if so, how did it work out?

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I used to have it done this way before i certified my account and there was a 30 business day wait.

Also there are several exchange rates

At the bank US cash for Canadian $$.....best, but still a fee, so if you just kept exchanging back and forth you would end up at $0
At the bank US check for Canadian $$....not as good
At neteller US account to Can. $$ account...even worse
A credit card currency exchange.............the worst

It was explained to me that neteller takes the current bank exchange rate and the credit card exchange rate and takes the midpoint for their exchange rate.

rJ
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