Neteller question>>>

[4realyo]

I have been in the dark ages and have been using Western Union for deposits to my sports books but I hear Neteller is real good for deposits and withdrawals.

Anybody, who's actually using Neteller now, have any pros and cons for using Neteller?

Thanks.

[ez winners]

I love Neteller. I use the cash direct to deposit money to my Neteller account from my checking. To withdraw the money I use the Neteller ATM card, walkup to any ATM and there is your cash. The only cons are that their fees are a bit high, and you cannot with draw all of your money until your instacash deposit clears which is usually about 5 days.

[4realyo]

Thanks for the feedback.

They told me the only fees Neteller has is for InstaCash. Are there ATM fees too? What are the high fees?

There's always hidden fees so that's why I am asking people whom actually use it

[wallstreet]

I dislike the InstaCash fees, if I am right it is over 6%, and without that it takes 3 days to clear a deposit.

Also, I gotta sneak my $$$ around!

[bigbill]

at one of the books I use the InstaCash fees are
Free as long as you instigate the process from their
site instead of doing it from the Neteller site. the
last deposit I made that way was credited within
seconds to my account.

It just so happened that I had a very big winning day
the same day as the deposit so I was able to transfer
money out of that book to Neteller (also free) and then
transfer it almost immediately to another book.

I'd checkout if your book has the option of initiating the
transactions from their pages rather than directly thru
the Neteller pages and if they have reduced or no fees
it you do it that way.