New electronic cashout for Canadians at Party/skins

4thstreetpete · #1 01-26-2005, 12:10 AM

Not sure if this is new but I've just noticed it today when I was trying to make a cashout to pokernow. Seems like an excellent idea to me. All they need is your account # and your routing #. That's a lot better than resgistering your bank with neteller and quite frankly with the fiaso that neteller put me through a few months ago I'm not too thrilled with their service.

Party doesn't list any fees for using this option except that I'm assuming they will take a % of the exchange rate when converting from U.S. to canadian currency. Anybody have any idea what % they are taking off for people who've used this option? can't seem to find it on their website.
For canadians, wouldn't this be a better option than neteller if you're just planning on cashing out and not moving money to other sites?

radar5 · #2 01-26-2005, 01:16 AM

I'm not Canadian, but I would guess that party would almost rape you in exchange rates. Anyone know for real?

hypermegachi · #3 01-26-2005, 02:09 AM

the exchange rates will screw you over. when i first had my neteller account it was in canadian currency and every single transaction i did with poker rooms i would get hit with the exchange rate, losing about 2% of its value.

since then, i changed my neteller to US currency so i don't take a hit when i'm tranferring money from poker rooms. i still take the exchange rate loss when i go from neteller to my checking account however...