Electronic Fund Transfer to Canadian Accounts Questions

[EliteNinja]

Who takes the conversion fee from USD to CDN?
Does it get absorbed by the Party Skin?

Is the conversion rate a tiny bit lower than it is on the market like Neteller?

Is it cheaper than Neteller?

[EliteNinja]

Please reply with an obligatory: "I don't know"
if you don't know.

[Unicorns]

Used it for the first time last week after monitoring it for about a month. Money got in my account within a week (don't know exact time sorry). Day in/day out they got a coversion rate about 2% better than the neteller one so i figure it makes sense to cash out there instead of sending it back to neteller when you need the money

[EliteNinja]

[ QUOTE ]
Used it for the first time last week after monitoring it for about a month. Money got in my account within a week (don't know exact time sorry). Day in/day out they got a coversion rate about 2% better than the neteller one so i figure it makes sense to cash out there instead of sending it back to neteller when you need the money

[/ QUOTE ]

Thanks, bro.

Neteller charges a 1.9% fee on all transactions which require a currency exchange.

Looks like that 2% you saw is that 1.9% fee.

So effectively, Party Skins absorb the full cost of conversion.

Effectively, you could do currency trading on Party with no fee!!!!! [img]/images/graemlins/shocked.gif[/img]

[4thstreetpete]

yeah, i noticed that the conversion rate is about 2% better than neteller. Haven't used it yet but will be using it a lot soon. This will save me a ton of fees from cashing out. I'm still sure that party pockets a little bit from the exchange.

Go to Exchange Link to find out what the current exchange rate is.

[fyodor]

I used for the first time last week. On a day where Neteller wasy paying less than 1.2 and the TD Bank was paying even less than Neteller, Party paid 1.22+

This is huge. Over $20 on $1000.

Also took less than 48 hours to hit my bank account.

[EliteNinja]

So where do I check the exchange rate that Pary offers?

[Unicorns]

I remember asking the same question un the canadian neteller thread 2 weeks ago and had no replys on that topic. Guess i should have started a thread cause people really ARE interested.

To answer your question, you can see the amount you'd get from party by entering an amount in the cashout form and selecting the EFT option.

Like i said previously, i monitored the thing over a couple weeks and it would always give around a 2% better rate than neteller

[edge]

Wow. That's awesome. I guess I'm pushing money from Neteller to Party to EFT now if I want to cash out.

[Isura]

Is it just party or do all the skins offer this? I play mostly at eurobet these days.