Two Plus Two Older Archives  

Go Back   Two Plus Two Older Archives > Internet Gambling > Internet Gambling

Reply
 
Thread Tools Display Modes
  #1  
Old 08-22-2005, 06:41 AM
barongreenback barongreenback is offline
Senior Member
 
Join Date: Nov 2004
Location: North England
Posts: 122
Default Neteller>>>UK bank, echange rates.

Party gives a good exchangs rate when withdrawing to GBP but it would be more convenient for me to use neteller. How good is there exchange rate and are there any fees?

Thanks
James
Reply With Quote
  #2  
Old 08-22-2005, 07:20 AM
doppler doppler is offline
Member
 
Join Date: Jul 2004
Posts: 35
Default Re: Neteller>>>UK bank, echange rates.

I have withdrawn to SEK and the exchange rate was very bad, about 4% lower than the spot price.
Reply With Quote
  #3  
Old 08-22-2005, 07:53 AM
Ojo_Rojo Ojo_Rojo is offline
Junior Member
 
Join Date: Dec 2003
Location: London, UK
Posts: 0
Default Re: Neteller>>>UK bank, echange rates.

The exchange rate itself for £ is reasonable for Neteller, but they incorporate that with a 1.9% fee. They have details on their website.

FWIW, I deposit to Party with Neteller, play a bit(not a bad idea IMO), then withdraw to my Switch card.

Ojo_Rojo
Reply With Quote
  #4  
Old 08-22-2005, 08:12 AM
Sheriff Fatman Sheriff Fatman is offline
Senior Member
 
Join Date: Nov 2003
Location: UK
Posts: 442
Default Re: Neteller>>>UK bank, echange rates.

If you are talking about withdrawing to a Neteller debit card and then cashing out of an ATM then the exchange costs are very high as you end up going through a US$ to Canadian$ to US$ to UK Sterling route which is extremely expensive.

If you are just planning on cashing out via cheque or bank transfer directly through Neteller then the position might be a little better. However, I can't see how this option is any more convenient than a direct cash out via Party where the exchange rates are reasonably good. I certainly think it will prove more expensive than the Party route so is probably only an option worth considering if you don't have a Switch card.

If you've got a Switch card available to do it on then Party is the best option in terms of low exchange rate costs and speed, as far as I've experienced.

Sheriff
Reply With Quote
  #5  
Old 08-22-2005, 09:45 AM
Womble Womble is offline
Senior Member
 
Join Date: Dec 2004
Posts: 324
Default Re: Neteller>>>UK bank, echange rates.

Party now allow you to withdraw to your visa if you make a small deposit via visa. This is what I did.
Reply With Quote
  #6  
Old 08-22-2005, 11:15 AM
ipp147 ipp147 is offline
Senior Member
 
Join Date: May 2004
Location: Croydon, England
Posts: 155
Default Re: Neteller>>>UK bank, echange rates.

[ QUOTE ]
Party gives a good exchangs rate when withdrawing to GBP but it would be more convenient for me to use neteller. How good is there exchange rate and are there any fees?

Thanks
James

[/ QUOTE ]

I am in the process of trying to move money out of Neteller directly into my UK bank account. Neteller took some fees out before it processed and I have no idea what the rate is as 10 days later I still have no CR at my Bank [img]/images/graemlins/mad.gif[/img]

Party to switch is far and away the easiest in my opinion.
Reply With Quote
  #7  
Old 08-22-2005, 12:08 PM
partygirluk partygirluk is offline
Senior Member
 
Join Date: Nov 2004
Location: Pwning Broken Glass Can
Posts: 2,279
Default Re: Neteller>>>UK bank, echange rates.

FWIW I am in the process of setting up a US$ bank account with Nationwide. I will then withdraw my $ to that account, and then trade that for £ (which will go into my normal account) via www.xe.com

This will give me the best rate I believe.
Reply With Quote
  #8  
Old 08-22-2005, 02:30 PM
barongreenback barongreenback is offline
Senior Member
 
Join Date: Nov 2004
Location: North England
Posts: 122
Default Re: Neteller>>>UK bank, echange rates.

[ QUOTE ]
FWIW I am in the process of setting up a US$ bank account with Nationwide. I will then withdraw my $ to that account, and then trade that for £ (which will go into my normal account) via www.xe.com

This will give me the best rate I believe.

[/ QUOTE ]
Interesting. This could be useful in the future when I'm moving more money around. My main account is with Nationwide but I don't have a switch card with them. I have one with another bank but I'd prefer to use just one to keep things tidy.

Thanks for the replies everyone. I'll stick with Party for now. I really like the way they give you an exchange rate as you're withdrawing so you know exactly where you stand.

James
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 06:34 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.