Below we have set out a detailed analysis of all the fees and limits that Neteller charges to use their service.

1. Neteller Verification Process
2. Neteller Account Verification
3. Neteller Address Verification
4. Neteller Verification Problem

24-hour verification By creating your NETELLER account via Baxity, your account will be fully verified within just 24-hours of your completion of these steps instead of the usual 2 to 5 business days, and you will even bypass the preliminary $5 deposit. As it was indicated when you first completed your NETELLER account registration (refer to How to Open a NETELLER Account – 4b), the Net+ Prepaid Card will be mailed to your registered mailing address once you have successfully funded your account and had all your account details verified. Once you have passed the verification process, you will be able to receive your card within three (3) weeks. For the related Net+ Prepaid Card fees, please refer to the table below.

• Enter the Neteller verification code In case you wait for more than 1 minute and the code has not been sent to your phone yet, you can click on the Send code to email box. Go to your email to get a verification code After entering the verification code, click Verify.
• Usually, 3–4 days of time if everything is as per schedule and no holidays in between. However, I have noticed verifications by the next day, as well as up to a week.

It is important to know that the fees and limits that are applied have many variables such as verification status, VIP status and currency of Neteller account.

Therefore, the fees and limits we summarise below are based on the following assumptions:

1. Your Neteller account is verified
2. Your Neteller account currency is USD

If your account is in a different currency to USD, you can estimate fees and limits based on current exchange rates.

As your VIP level increases at Neteller, you will pay lower fees and have higher limits available.

The best way to view your current personal fees and limits is by logging into your Neteller account and checking directly.

Whilst Neteller is a great ewallet choice for most players regardless, we would also like to make you aware of the additional benefits of joining Neteller via us:

• Instant Bronze Pro VIP
• Fast Track to Silver VIP - $6000 USD requirement instead of $15,000 USD
• Increased Limits & Reduced Fees
• Easier VIP targets for higher levels of VIP
• Fast Track verification – 24 hours
• Verification without deposit
• Access to our Neteller rewards program

Neteller Deposit Fees

There are a substantial variety of options to make a Neteller deposit ranging from regular methods such as bank transfer and credit/debit cards to more flexible options such as funding your Neteller account with Skrill.

Fortunately, Neteller have simplified the fee structure.

• For all deposit methods an upload fee of 2.5% will apply if the deposit is less than $20,000 USD.
• For all deposit methods the upload fee will FREE if the deposit amount is $20,000 USD or higher.

The rules regarding a Neteller Mastercard deposit are different to every other deposit method. Whilst the same fee of 2.5% applies, there are some restrictions in place which limit where you can transfer funds deposited into Neteller with a Mastercard.

Neteller Deposit Limits

As explained above, the fee for uploading funds into your Neteller account is 2.5% for deposits less than $20,000 USD and free for all deposits over $20,000.

You can check the full list of deposit methods here.

Again, we have to remind you that your own personal Neteller limits will be determined by a number of factors such as VIP status, currency and type of account.

Would you like reduced fees, increased limits and more? If so, please complete the Neteller VIP application form at the bottom of this page to get your FREE VIP Bronze Pro Upgrade

To find out the minimum and maximum limit of any deposit method just complete the following steps:

1. Login to Neteller and go to Money In
2. Click on your preferred deposit method. In this example we will use Rapid Transfer.
3. Underneath the ‘Enter amount’ box you will be able to see the minimum and maximum deposit amount using this specific deposit method. In our example (of a verified but Non-VIP account) the minimum deposit is $1.21, and the maximum deposit is $6,044.85.

Neteller Withdrawal Fees

There are 5 different withdrawal options offered by Neteller and each option has a different fee.

The withdrawal options listed on NETELLER’s website need to be analysed more carefully to understand clearly what they mean because two of the options are not really valid options to withdraw your funds.

1. MERCHANT SITES – This is using your Neteller account to transfer/deposit at a merchant such as a casino, forex broker, poker site etc. Therefore, this is not actually a valid withdrawal option.
2. MONEY TRANSFER – Again, this is listed as a withdrawal option but a Neteller Money Transfer means transferring from your Neteller account to another Neteller member account so again it can be argued this is not really a viable withdrawal option

The best way to withdraw your funds from your Neteller account is via bank transfer/member wire or by using your Prepaid Mastercard.

Please remember that as with all fees and limits, the amount you will be charged will depend on your VIP status. For example, Gold VIP and higher receive free withdrawals to your bank account.

Neteller Withdrawal Limits

Your Neteller withdrawal limits depend on which withdrawal method you request. For instance, for a regular verified customer with a USD account requesting a withdrawal via bank transfer (the most common method) you can request a minimum of $20 and a maximum of $100,000 per transaction.

If you live in any of the SEPA (Single Euro Payment Area) countries, you can request a bank transfer withdrawal. If your country is not in SEPA then you can request a withdrawal via Member Wire.

Withdrawals via Member Wire have similar limits to bank transfer but are slightly more expensive with a $12.75 fee.

Your Neteller Mastercard withdrawal limit will be based on your VIP status and will range between $1,000.00 - $3,300.00 every 24 hours. More details are below.

To request a withdrawal, login to Neteller and navigate to Money Out.

Neteller MasterCard Fees

Neteller offer two different prepaid card options for you to use: Net+ Prepaid Mastercard & Net+ Virtual Prepaid Mastercard. The fees and limits for both cards differ, as we have set out below.

The Net+ Prepaid Mastercard and Net+ Virtual Prepaid Mastercard are only available to customers in EEA countries and the UK.

As of November 2020, Neteller started issuing Net+ Cards in EUR currency only.

The information related to Net+ Card fees is in EUR.

If your account is not in EUR, the fee will be the currency equivalent.

Although the Net+ Cards are issued in EUR only, if your account is a currency different than EUR, you won't be charged FX conversion fees. For example if your Neteller account is USD, you will not pay for the foreign exchange conversion when you spend money using your USD balance.

Find out how to avoid paying Neteller FX fees with your prepaid Net+ MasterCard.

Net+ Prepaid Mastercard Fees & Limits

Your fees and limits relating to your Neteller Card will be determind by your VIP level and currency.

Net+ Prepaid Virtual Mastercard Fees & Limits

Your fees and limits for your Neteller Virtual card are set according to whether your account is verified or unverified.

As with the Net+ Prepaid Card, VIP members will pay lower FX, and card order fees and have higher limits than standard non-VIP members.

Neteller To Neteller Transfer Fee

There have been numerous changes to the Neteller P2P fee recently.

However, we now believe that the current fee structure for transferring from one Neteller account to another Neteller account has stabilised and we will not see future changes to this fee anytime soon.

To summarise, the key points regarding the Neteller P2P fee structure are as follows:

1. The P2P fee level depends on your Neteller VIP status – If your account is Silver VIP or higher then P2P transfers are FREE.
2. If you are not Silver VIP or higher, the Neteller P2P fee will depend on when you registered and whether you have made a valid deposit.

* Money Transfer fee of 1.45% is applied to members of certain countries and VIP levels.

Neteller to Neteller transfer limit

The minimum amount for P2P transfers in the past was $5 USD or currency equivalent.

However, ever since Neteller launched their new dashboard at the end of 2020, the minimum amount you can transfer now is as little as $0.01.

The maximum, as with all transfers, fees and limits, depends on your VIP level.

However, the most basic verified account should allow you to transfer up to $50,000 per P2P transfer.

There is no limit in the amount you can receive via P2P Neteller transfer. The maximum amount you can receive will be set by how much the sender is allowed to transfer.

Neteller To Skrill Transfer Fee

Many customers use more than one ewallet to manage their bankroll. After Skrill & Neteller merged in 2015 under PaySafe Ltd, customers have been able to take advantage of direct transfers between their Skrill & Neteller accounts.

In the past you could transfer from Skrill to Neteller for a 2.5% fee and transfer from Neteller to Skrill for 1%.

From 22nd February 2021, the fee for depositing at Neteller from Skrill (and vice-versa) will be 3.49%.

How to send money from Neteller to Skrill?

The way you deposit at Neteller using Skrill and vice-versa is actually what you might call a 'reverse deposit' because you have to withdraw from one ewallet to the other to deposit.

1. Login to the Neteller account you want to use to deposit at Skrill and click on 'Money out' from the menu on the left-hand side.
2. Select Skrill as the withdraw method.
3. Enter the withdrawal amount and the email address of the Skrill account to want to deposit to.
4. Complete the steps and confirm the transfer.

Neteller Verification Process

Neteller FX Fees

Neteller uses OANDA for the daily interbank market rate for currency conversions. Therefore, you can be reassured that you are always getting a competitive and fair interbank currency exchange rate whenever you make a transaction that requires a currency conversion.

The standard Neteller foreign exchange fee for all transactions involving a currency conversion is 3.99%.

However, if you are a Neteller VIP your currency exchange rate can be as low as 1.29%, depending on your VIP level.

Below you will find the Neteller Forex fees per VIP Level.

Don't forget to complete the Neteller VIP application form at the bottom of this page to get your FREE VIP Upgrade for reduced fees and increased limits and more!

Neteller Bitcoin Fees

In 2018, Neteller improved their service to cater for those customers interested in Bitcoin and other cryptocurrencies by launching their crypto service.

Unfortunately you can no longer deposit into Neteller directly using Bitcoin or any other cryptocurrencies.

Buying & selling cryptocurrency fees

Depending on what currency your Neteller account is in, you will pay a different fee.

Neteller Admin Fees

There are a number of additional fees that Neteller charge. Whether you are considering opening a Neteller account or you are a longstanding existing customer, it is useful to consider these additional fees to see whether you are affected.

99.99% of people will rarely, if ever, encounter any of the Neteller administrative fees but we have provided the information just in case you need it.

All the official documentation provided by Neteller with regards to their administrative fees can be found in the Neteller terms and conditions.

Inaccurate or untruthful information & lack of cooperation: $150.00 USD

When you register at Neteller you have to agree to their terms and conditions which set out in section 4.1.3 that when you open an account you must provide accurate and truthful personal information. If you are found to have provided inaccurate or untruthful information and do not cooperate as instructed by Neteller within 6 months, then they reserve the right to charge you a fee of up to $150 USD. T&C's 4.1.3.

To be frank, this is very unlikely to ever affect any members, but it is useful information to know, nonetheless.

Chargeback fee: £25.00 GBP

If you make a Neteller deposit from a payment method, such as credit card, that allows you to claim funds back via a chargeback and the reason for the chargeback is anything other than unauthorised use of your card, Neteller will charge you £25.00 GBP or equivalent. T&C's 10.

Prohibited transactions fee: $150.00 USD

This fee mainly affects customers who are operating an account for business related purposes. Essentially if you are receiving funds for any of the following categories then you could be liable to pay this fee while Neteller investigates your account.

Excluded Categories

• Money exchange
• Remittance businesses
• Bureaux de change
• Currency exchanges
• Purchase of travel money
• Collection of any form of donations or payments to charitable or not-for-profit organisation dealing in natural resources such as jewels, precious metals or stone
• Live streaming
• Sale or supply of alcoholic beverages
• Sale or supply of dietary supplements and alternative health products

Please note that the excluded categories are not solely limited to the list above. Our advice is that if you are unsure as to whether your business activities may be prohibited to get in contact with Neteller to clarify with them. T&C's 14.6.

Incorrect Transaction Reversal Fee: $25 USD

When you request a withdrawal from Neteller via the money out options you should always take great care when entering bank details, IBAN, BIC etc details, especially so if the withdrawal is for a large amount.

If you enter incorrect details and the payment is sent to the wrong place you can request Neteller to help you with recovering of the funds. However, an administrative fee of up $25 will apply. Please note that paying the administrative fee does not guarantee that your funds will be returned so again, please take the upmost care when requesting bank withdrawals. T&C's 6.5.13.

Related articles

Neteller VIP Upgrade Form

Join Neteller using the application form below or submit your existing Neteller details to link your Neteller account to eWalletBooster.com and take advantage of lower fees, increased limits and much more. New & Existing Neteller customers welcome.

Register your Neteller account with Arbusers and enjoy a unique service and benefits

Comprehensive Neteller Review and Extra Benefits from Arbusers

So many e-wallets around, it’s hard to choose the one? Read our comprehensive Neteller review to know if this e-wallet is a good option for you. Spoiler alert: with extra benefits from Arbusers it very well might be.

Continue reading our review to find out all about Neteller. How it works, what are the advantages and disadvantages of using this e-wallet, what registration and verification procedures this requires, and what extra perks you get when you create a Neteller account with Arbusers.

We brought to you a number of services and products to support your smart betting operations. Ewallets are essential tools to support your gambling business. Register your Neteller account with Arbusers and get the complete package.

What you get with Arbusers

• Verification within one working day. The fastest verification procedure globally.
• Enhanced limits. Enjoy a limit of 50.000$ (or currency equivalent) per transaction and the right to do as many transactions as you wish. Practically, you have NO LIMITS.
• The fastest way towards the Bronze Pro VIP status. Arbusers members get it instantly.
• The fastest way towards the Silver VIP status. Transact 7.500$ (or currency equivalent) with merchants within 3 months, and get the Silver VIP status. Please notice, not referred by Arbusers clients need to transact 50.000$ per calendar year.
• The fastest way towards the Gold VIP status. Transact 50.000$ (or currency equivalent) with merchants and get the Gold VIP status. That’s exactly half the threshold that’s normally required for all other Neteller clients who are not referred by Arbusers.
• The Neteller NET+ Mastercard with the highest limits in the industry (available to clients from SEPA countries).
• Extra benefits and advantages from Neteller.
• Reduced costs for p2p transactions, for VIPs.

It is highly advisable that you register your Neteller account with Arbusers, otherwise:

• Your verification and the overall received support will be the same as the general audience.
• You will not enjoy the support of the Neteller dedicated team serving Arbusers members. You will not have Arbusers support and guidance if needed.

Please have in mind that Arbusers sees Ewallets registration as a key loyalty characteristic of its members. Registering your Ewallets with Arbusers leads to superior support in your smart betting operations that no other website offers. Between colluding interests, Arbusers has made a choice to stand with and by the players and expect from players to make the same choice.

Neteller Review: What is Neteller and How It Works

Operated by Paysafe Group and authorized by the UK Financial Conduct Authority, Neteller is an e-wallet that provides online payments for more than 23 million users all around the world. And it has been doing so for more than a decade now.

As a Neteller user, you have a fast and secure way to transfer money online. You can shop, play, send and receive funds — all without any worries about security. Neteller uses the latest anti-fraud tools and security features, making sure your payments are safe and private.

It’s also a convenient e-wallet to use. Neteller offers prepaid payment cards, including virtual ones. There are iOS and Android apps you can download, and you even get various rewards and promotions when you join. Not to mention, you can use Neteller to buy and sell a handful of cryptocurrencies.

Pros and Cons of Using Neteller

Pros

• Instant and simple transfers
• Prepaid MasterCard and virtual payment cards
• Free payments to merchant sites
• Widely accepted by bookmakers, exchanges, poker sites, and Forex platforms

Cons

• High currency conversion charges for non-VIPs (3.99%)
• Slow customer support
• Prepaid payment card available only for EEA countries

Neteller Account Registration and Verification

Ready to create your new Neteller account? Follow these steps to get the most of it with extra perks from Arbusers. It will take only around 5 minutes.

STEP #1: Follow our Neteller registration link and enter your details – name, email address, and password.

STEP #2: Choose your country of residence and currency.

STEP #3: Add some more details to get your Secure ID. You will need it when transferring money or purchasing things on merchant sides.

These details include your date of birth, gender, phone number, and full address.

STEP #4: Top up and verify your account.

You can make a deposit using a variety of payment options. Only after doing so you can verify your account. For that, you will need to upload a copy of your ID and take a selfie. Some of the verification steps can be skipped if you share your browser location and connect Neteller to your Facebook account.

Neteller Account Verification

Neteller Deposits and Withdrawals

There’s no shortage of methods to use when you want to transfer funds to or from your Neteller account.

For your first top-up, you can make a local bank deposit or an international bank transfer, use payment cards (MasterCard Credit, MasterCard Debit, VISA Debit, VISA Credit, VISA Electron, Maestro), e-wallets (PaysafeCard, Skrill), fast bank transfer, PaysafeCash, Bitcoin, or Bitcoin Cash. After verifying your account, even more, deposit methods open up, including Trustly, Boku, GiroPay, iDeal, and others.

When it comes to using your funds, you can withdraw them with bank transfer or member wire, pay with your Neteller balance at merchant sites, make p2p transactions, or withdraw money from ATMs using Net+ prepaid MasterCard.

Prepaid MasterCard and Virtual Cards

While most of us use e-wallets for online payments or deposits (e.g., at bookmaker’s sites or exchanges), sometimes it’s handy to have a physical prepaid card too. And that’s where Neteller overdid itself.

Not only they have an exclusive contactless payment card for their members, but you can also use their Net+ cards worldwide — everywhere where MasterCard is accepted. Be it an ATM, restaurant, hotel, or a random shop in the middle of nowhere. Of course, online payments included too.

This card supports eight currencies (GBP, USD, EUR, JPY, AUD, DKK, CAD, and SEK) and has no monthly or dormancy charges whatsoever.

Net+ virtual card is pretty much the same but, well, virtual. You won’t get a physical plastic card to use offline — only the details of such a card to use when paying online. You get the first Net+ virtual card free of charge and can add up to five virtual cards to make your budgeting easier.

Neteller Mobile Apps

You can use the Neteller app for iOS or Android to make and accept transfers, top up your account, withdraw your funds, check your balance, and/or order Net+ payment cards. All that 24/7 and whenever you are.

Neteller app is also helpful with your account verification. It speeds up the process of uploading your ID copy as well as taking the verification selfie. Plus, it enables a two-step authentication to make your Neteller account even more secure.

Neteller Security

Many consider Neteller as the safest payment system in the world. And for a good reason. For one, Neteller is authorized by the UK Financial Conduct Authority. It holds all the funds in trust accounts to ensure their users’ money is always secure. They also take advantage of the newest security protocols and tools. Plus, they educate Neteller users on how to stay safe online.

Neteller Fees

Let’s talk about the elephant in the room, the fees. Of course, to have an e-wallet this good and secure, some charges are bound to occur. It starts with deposit methods, as most of them require a 2.5% fee. Some withdrawal methods are not free either. But not all. You can pay at merchant sites free of charge. Net+ card payments can cost you nothing (or close to nothing) too.

Neteller Customer Support

This Neteller review wouldn’t be complete without a mention of Neteller’s customer support. While the customer support does exist, it’s not one of the e-wallet’s strong suits.

If you don’t mind reading, you will find the necessary information in the FAQ section of their website. But there is no 24/7 customer support available to take urgent requests. Thus, the answers may take a while.

It’s different when you register your Neteller account with Arbusers. Then you get dedicated customer support that’s willing to help you in a friendly and timely manner. In addition, you can contact us (Arbusers), via Skype, PM or email and we will be happy to have a discussion with you.

Now, what are you going to do?

Skrill Review 2021

Neteller Address Verification

ecoPayz Review 2021

Neteller Verification Problem