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Neteller Cashout Fee  0   
Hi Guys.
I cashed out 50$ to Neteller and I know that it costs 1.9% fee, but I do not get 49.05$ which I expected, but only 47.79$. Has anyone an explanation for that???

     
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LOL this is strange very strange... Is there other fees?

     
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Posted by twinsun:
Hi Guys.
I cashed out 50$ to Neteller and I know that it costs 1.9% fee, but I do not get 49.05$ which I expected, but only 47.79$. Has anyone an explanation for that???

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Did you have to pay an exchange rate fee? Which I believe is around 2.5%. Don't quote me on that, 2.5 is just a number that came to mind when I read this and think I saw it before. I came across this just recently while trying do make a withdraw and didn't factor in the exchange rate.

     
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I don't think that there are other fees. I saw only the one which BRM take. And the currency of my neteller account is US$. So I have no answer about that. But I put the question into FAQ, maybe the admin has an answer. Thanks for yours...

     
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Here:
$50 x .019 (1.9%) = $0.95
$50 x .025 (2.5%) = $1.25 (Exchange Fee)
Total Fee = $2.20

Now subtract $2.20 from $50
$50 - $2.20 = $47.80

Maybe the 2.5% is something other than exchange, I could be wrong. Contact neteller, they can explain it to you. That's what I did when doing some stuff with them to get the correct %%%%'s to figure out making withdraws/deposits.

     
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Yeah, maybe your are right. I will contact neteller to get this information. Thank you very much for your arithmetic... Big Smile

     
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Those money sending fees are just so ridiculous crap Aww crap! It´s not much but it still is
annoying !!!!

moneybookers.com don´t use any fees so I like it

     
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that s weird

     
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Posted by twinsun:
Yeah, maybe your are right. I will contact neteller to get this information.

I can really recommend their live chat. You might have to wait a couple of minutes, but it's a lot faster/better than e-mailing.

     
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Posted by mn15000:
I can really recommend their live chat. You might have to wait a couple of minutes, but it's a lot faster/better than e-mailing.

Thanks for that hint. It was really very fast... Thumbs Up

     
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