Cashouts to Swedish Bank Accounts

bergh · #1 04-08-2005, 07:35 AM

Which is the best way to transfer internet poker winnings to swedish bank accounts. (Best as in cheap, fast and secure).

I use NETeller to transfer money between sites wich is very convenient, but it doesn't seem to have a lot of real money cashout options. I don't like this "mail a check" option. Most banks wouldn't want to cash out a check from a strange gambling company and if they do there would be a ton of fees...

foldmasta · #2 04-08-2005, 07:38 AM

Strange gambling company? I don't think so...

http://www.bloomberg.com/apps/quote?ticker=NLR:LN

bergh · #3 04-08-2005, 07:49 AM

Good point!

But still, sending checks oversees in snail mail seems like stonage technology. And the banks will still add a ton of fees to cash it out. Besides, who are using checks today? Even my mother stopped using them 15 years ago...

ejess · #4 04-08-2005, 07:55 AM

If you play on multipoker you can get a bank wire cashout straight to your bank account free of charge. Just transfer from neteller to multipoker and then cash that out to your bank account but I've heard some people getting into trouble for just using the cashout without ever playing so you might want to play a little in between. I'm sure some other of the more "swedish-oriented" sites have this option as well (expekt, unibet etc).

You can also get a neteller debit card and use in a regular ATM, exchange rates and fees are a killer though. Neteller offers bank wire transfer as well I think, but you will have to contact them to set it up as far as I know. There is no automatic option to bank wire by default. I don't know about fees for this either as I havent used it but I'm sure someone else can fill in.

Stan the man · #5 04-08-2005, 08:22 AM

[ QUOTE ]
Neteller offers bank wire transfer as well I think, but you will have to contact them to set it up as far as I know. There is no automatic option to bank wire by default. I don't know about fees for this either as I havent used it but I'm sure someone else can fill in.

[/ QUOTE ]

Fee is $12.75.

Rudbaeck · #6 04-08-2005, 10:31 AM

Bank wire. Multipoker and Eurobet both have em for free, other sites charge between $10 and $35 for those. I pay a 25sek fee to my bank, but you get an excellent exchange rate, probably 2-3% better than using the Neteller ATM card.

Zelcious · #7 06-09-2005, 07:18 AM

Are you actually sure that Eurobet have bank wire ?
I have only two options, neteller or send money to an affiliate. I would love to use Eurobet instead of multipoker for bankwires since I have rakeback there.

HesseJam · #8 06-09-2005, 07:22 AM

Yeah, same here! Where is that Eurobet option?

Multipoker works great in this regard! (but I am currently waiting for a transfer and it is now more than 6 business days!?)

Armand_Tamzarian · #9 06-09-2005, 07:28 AM

The processing fee of requesting a Bank Wire from Neteller is 7.00 GBP, 12.75 USD, 17.00 CAD, or 10.50 EUROS.

I did a wire transfer from neteller recently and it arrived in my account in 2 business days in Europe. Easily the best way of getting your money from neteller

Zelcious · #10 06-09-2005, 07:38 AM

What about the exchange rates ?