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Posted

Okay so today I spotted this golden nugget in my e-mail and felt it was worth a share.... admittedly it came from what I assume is an affiliate and not Neteller directly, however surely everybody knows this statement could not be further from the truth? I can count the number of casinos that process Neteller withdrawal requests instantly on one hand!

 

 

post-68784-0-63284800-1476390231_thumb.png

Posted
  On 10/13/2016 at 8:25 PM, raverbabe said:

Okay so today I spotted this golden nugget in my e-mail and felt it was worth a share.... admittedly it came from what I assume is an affiliate and not Neteller directly, however surely everybody knows this statement could not be further from the truth? I can count the number of casinos that process Neteller withdrawal requests instantly on one hand!

 

By 'process' I assume they mean as in no pending time? Who did it come from Raver?

Posted

True, on videoslots when i request a withdrawal, 1 minute late the money is available in my neteller.

 

The maximum i wait these days are 30 minutes at 90% of casinos i play at.

Posted
  On 10/13/2016 at 8:25 PM, raverbabe said:

Okay so today I spotted this golden nugget in my e-mail and felt it was worth a share.... admittedly it came from what I assume is an affiliate and not Neteller directly, however surely everybody knows this statement could not be further from the truth? I can count the number of casinos that process Neteller withdrawal requests instantly on one hand!

What is the sender's address?

Posted
  On 10/13/2016 at 9:44 PM, hajnrih said:

Seems like a legit statement to me.

 

  On 10/14/2016 at 4:46 AM, Fiekie247 said:

True, on videoslots when i request a withdrawal, 1 minute late the money is available in my neteller.

 

The maximum i wait these days are 30 minutes at 90% of casinos i play at.

 

Not a legit statement really though - to claim they are instant at almost every online casino is a massive claim to make! Even a 30 minute wait isn't instant.

On saying that I don't withdraw to Neteller so it's difficult for me to comment.

Posted
  On 10/14/2016 at 2:14 PM, cocopop3011 said:

Not a legit statement really though - to claim they are instant at almost every online casino is a massive claim to make! Even a 30 minute wait isn't instant.

On saying that I don't withdraw to Neteller so it's difficult for me to comment.

For me only casinos that offer instant withdrawals are worthy to play in. That should be an industry standard. I rarely play in casinos that don't offer instant withdrawals to Neteller nowadays.

Posted

I believe the statement is totally correct, simply because once the casino team processed the payment via their Neteller account it gets instantly into player's Neteller account. It's totally different question though how much time the casino team would need to reach to the part with processing the payment... :(

Posted
  On 10/15/2016 at 4:28 PM, ValDes said:

I believe the statement is totally correct, simply because once the casino team processed the payment via their Neteller account it gets instantly into player's Neteller account. It's totally different question though how much time the casino team would need to reach to the part with processing the payment... :(

I'll be forever grateful to Neteller because they allow many countries to use their Master Card to cash out on the ATM, unlike Skrill. Instant deposits, instant withdrawals, instant cashouts on the ATM. All you need to do is win :D

Posted
  On 10/16/2016 at 8:05 PM, hajnrih said:

I'll be forever grateful to Neteller because they allow many countries to use their Master Card to cash out on the ATM, unlike Skrill. Instant deposits, instant withdrawals, instant cashouts on the ATM. All you need to do is win :D

I have one of those mastercards as well. Too bad they charge $6 for withdrawals, but 95% of the time i swipe.

Posted
  On 10/17/2016 at 6:34 AM, Fiekie247 said:

I have one of those mastercards as well. Too bad they charge $6 for withdrawals, but 95% of the time i swipe.

Yeah the fees are a bit high, but it's a small price to pay for instant access to your money :D

Posted
  On 10/17/2016 at 10:22 AM, hajnrih said:

Yeah the fees are a bit high, but it's a small price to pay for instant access to your money :D

The other thing i hate about neteller is their conversion fees. When you have an account in USD and receive funds in Euro, they take a lot of your money. Even When you deposit in euro they charge a lot of fees.

Posted
  On 10/17/2016 at 10:44 AM, Fiekie247 said:

The other thing i hate about neteller is their conversion fees. When you have an account in USD and receive funds in Euro, they take a lot of your money. Even When you deposit in euro they charge a lot of fees.

Yeah that's a bummer. But you can contact them to change the currency and you will have to order a new card. The fee was 4% I think which adds up to the overall fees. 

Posted
  On 10/17/2016 at 12:53 PM, hajnrih said:

Yeah that's a bummer. But you can contact them to change the currency and you will have to order a new card. The fee was 4% I think which adds up to the overall fees. 

I prefer USD, my issue is some casino's force you to play and deposit in Euro's lol.

Posted
  On 10/15/2016 at 4:28 PM, ValDes said:

I believe the statement is totally correct, simply because once the casino team processed the payment via their Neteller account it gets instantly into player's Neteller account. It's totally different question though how much time the casino team would need to reach to the part with processing the payment... :(

 

Well yes that statement would of course be correct, but the way I read that mailer is that withdrawals are actually processed immediately, as in no pending time!??

Posted
  On 10/17/2016 at 9:07 PM, cocopop3011 said:

Well yes that statement would of course be correct, but the way I read that mailer is that withdrawals are actually processed immediately, as in no pending time!??

 

Well, you don't expect that Neteller would speak on behalf the casino operators, do you? The way I see it, Neteller is speaking about their own operations from their own end and what they stated there is true - Neteller transactions are processed immediately once the casino processed the relevant transaction from their end to the player's account. 

 

Even if we look upon their statement from a different perspective, it's still Neteller who is among the fastest known payment methods when it comes to online gambling and withdrawals respectively. Perhaps only Bitcoin network is the only real rival, but using Neteller is still a much better option for most punters since it's offered by most online casinos and no one would accuse you for being a 'double spender'. :p

  • 2 weeks later...
Posted
  On 10/17/2016 at 10:44 AM, Fiekie247 said:

The other thing i hate about neteller is their conversion fees. When you have an account in USD and receive funds in Euro, they take a lot of your money. Even When you deposit in euro they charge a lot of fees.

 

I find the currency conversion rates to be really quite reasonable with both Skrill and Neteller? How much do you find you lose with the conversion?

Posted
  On 10/31/2016 at 4:48 PM, raverbabe said:

I find the currency conversion rates to be really quite reasonable with both Skrill and Neteller? How much do you find you lose with the conversion?

Received 440 euros, which should be about $480 but i got $450

Posted
  On 10/31/2016 at 4:48 PM, raverbabe said:

I find the currency conversion rates to be really quite reasonable with both Skrill and Neteller? How much do you find you lose with the conversion?

 

 

  On 10/31/2016 at 9:43 PM, Fiekie247 said:

Received 440 euros, which should be about $480 but i got $450

 

Actually I agree here, for Skrill anyway. When I was receiving money via Skrill I too used to lose quite a bit during the conversion. Can't give figures I'm afraid but I do remember contacting support about it and just getting a useless response. 

Posted

Whenever I receive money in USD lately I usually find the amount I get in GBP is very close to what google says the days bank rates are, I wonder if its changed recently, pretty much everything else has been increased though so I guess it would be surprising if they chose to do us a favour with the FX rates.

Posted
  On 11/5/2016 at 4:19 PM, raverbabe said:

Whenever I receive money in USD lately I usually find the amount I get in GBP is very close to what google says the days bank rates are, I wonder if its changed recently, pretty much everything else has been increased though so I guess it would be surprising if they chose to do us a favour with the FX rates.

 

With Skrill or Neteller? 

Posted

Skrill and Neteller are now part of the same company. ;)

 

Personally, I find the currency exchange fees both e-wallets apply as high, probably too high. 

 

  Quote

Does Skrill apply any foreign exchange fees?

 

If your Skrill Account is in a currency other than the currency of the transaction, an additional 3.99% Foreign Exchange fee will be applied.

This charge helps protect both parties from the volatility and risk associated with foreign exchange markets. It may vary according to your account status.

Skrill exchange rates are updated throughout the day.

 

For Neteller: 

 

  Quote

 

 

Fees*
  • Free to pay in shops, restaurants, or online
  • 3.99% foreign exchange fee
  • 8.00 GBP shipping and handling fee
  • 1.75% cash withdrawal fee
  • 8.00 GBP to replace a lost card
Posted
  On 11/14/2016 at 10:46 AM, ValDes said:

Skrill and Neteller are now part of the same company. ;)

 

Personally, I find the currency exchange fees both e-wallets apply as high, probably too high. 

 

 

For Neteller: 

I'm telling you , they are high, extremely high, i pay $6 for every withdrawal i make to a certain amount, after that its about $10.

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