Neteller was formerly the largest poker payment processor in the market before it stopped accepting US and Canadian players, however it still handles a majority of the poker deposits and withdrawals handled online. Neteller is simply one of the best poker payment options around as it offers all of its members tons of different ways to both fund and withdraw from their online poker accounts. In addition, Neteller is accepted at virtually every online poker site in operation making it an excellent choice for players look for an easy, fast and secure deposit method.
In order to open a Neteller account (it’s free) all you need to do is visit their website at www.neteller.com and complete the customer registration form. You will then be given a special account number and account ID number which can be used to logged into your account. Once created, Neteller allows you to fund your e-wallet account using a variety of methods including credit card, bank transfer or InstaCash. InstaCash is Neteller’s version of an echeck and is a very useful option if you need access to funds immediately and do not have time to wait for a bank transfer. Using InstaCash, Neteller will credit your account instantly with the deposit amount and the funds can then be used to play poker right away without having to wait for approval.
In terms of fees, Neteller charges various amounts depending on the method by which you add funds to your account or by the method by which you process a withdrawal. For credit cards and debit cards, Neteller charges a flat rate of 1.75% of the total deposit amount which is withdrawn from the total deposit. Local and International bank transfer are completely free for members and usually take between 2-5 business days to clear into your account. For InstaCash, the fees are based on your country of location, account history and the total deposit amount. For any foreign conversions, Neteller will also charge a nominal commission of 2.5% for converting the funds however members are able to choose which currency their account is opened in which can limit some of these fees. For withdrawals the fees are as follows - $6USD for withdrawal to your Neteller debit card, $10USD for a bank transfer, $10USD for regular check, $35USD for courier check and lastly $12.75 for a wire transfer withdrawal.
Overall, Neteller is one of the most solid poker deposit methods for non Canadian and US players and in comparison to other deposit methods Neteller is especially useful for large deposit and withdrawals that other processors simply won’t or cannot handle. Members also can get a Neteller branded debit card which allows them to immediately access funds stored in their Neteller account.
US players will not be able to deposit to a poker site using Neteller
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