blonde poker forum

Is it best to set up Neteller to £ or $?

Keep it in US$ - fewer cross-currency transactions that way.

That way you can move money easily from one site to another in US$ without incurring exchange costs every time.  The only time you will do so is when you eventually cash out from whichever site you choose.

Sheriff

Thanks Sheriff.  :D

Also, ask for their debit card, You can usually access your money from US sites that way in about 2 days, instead of 4-5 days for cheque to arrive and another 5 days waiting for it to clear.

Nice one.  Cheers.

Be careful with the debit card though.  The fees are high.

You transfer from Neteller onto the debit card which goes via a US$ - Canadian $ - US$ route so you end up with less than you started.  You then have to convert again from the card in US$ to Sterling at the cash machine.

Last time I did a transaction that way, the exchange rate ended up at over $2 to the £, since which time I've used the Party debit card option.

Its worth having a Neteller Debit Card, as you can get cash quickly if you need it.  However, I wouldn't recommend it as your everyday form of cashout.

Sheriff

I thought so too, but when I rang they told me the xchange rate was $1 - 0.53p, which didnt seem too bad, for the easy access it allows.

Yeah but that's presumably just the final card to cash transfer.  The sneaky Canadian $ one probably wasn't included.

not tried it but thought you could now transfer straight to and from your bank account to neteller

i keep my account in $s as i transfer to and from sites in $s all the time