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cashing out of party to UK account watch out and help.

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Venster

08-26-2005, 12:13 PM Post subject: cashing out of party to UK account watch out and help.

#1 (permalink)

Join Date: Jun 2004

Posts: 27

Cashed out last week using the no fee (from party!) Visa method (got a Visa Debit card). Given the exchange rate on the day was suprised at the amount of stirling to appear in my account. Seemed to be about £200 short. After lenthy phone calls this am it seems that my bank adjusts the exchange rate used by 2.75% on electronic transfers of foreign currencies (they implied that all uk banks do so!). The thing is that I dont pay commision on currency exchanges on my account they confirmed that if I had presented a cheque for $10k I would have saved myself the £200 ($360ish). It seems the same adjustment would be applied to a TT and last time I looked you couldnt link a UK bank account to a Neteller account. Any Uk based players got a way of cashing out thats quicker than waiting on a cheque but doesnt cost ?

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CrimsonOne

08-30-2005, 02:18 PM

#2 (permalink)

Join Date: Jun 2005

Posts: 13

I think you are now able to link a UK abnk account to a Neteller account.

arkana

08-30-2005, 02:26 PM

#3 (permalink)

Full House

Join Date: Mar 2005

Posts: 1,109

I live in the UK and I withdraw from Neteller directly into my bank account, I think there is a fixed fee.

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cashing out of party to UK account watch out and help.

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