Neteller is one of the most popular ways of depositing and withdrawing money on gambling and betting websites. One of the main reasons for its popularity is that the transactions are extremely quick and free of charge. But the wallet does charge you for making deposits in your account. How much does Neteller charge to deposit?
The charges are very similar to what you pay using a credit card.
How much does Neteller charge to deposit?
Neteller has some of the lowest deposit charges when compared to other international e-wallets. The company charges a similar fee of 2.5% for all the deposit methods, including credit/debit cards, local bank deposits, international bank transfers, internet banking, prepaid cards like Paysafe card, and UPI payment methods.
When a single deposit of more than $20,000 or equivalent in other currencies is made, excluding the bank charges, and currency conversion fees if any, no fee is charged. All other deposits are charged at the aforementioned 2.5%.
Neteller has a VIP program for its loyal customers, who do transactions of more than a certain minimum threshold amount per quarter. Payments made to merchants and cryptocurrency transactions count towards this threshold.
Those who carry out transactions worth more than $45,000 per quarter, and carrying Gold, Diamond or Exclusive VIP status, enjoy a lower deposit fee. While transactions of more than €20,000 are free, deposits of less than €20,000 have fees ranging from 1% to 2.5% depending on the VIP status.
How to deposit money in your Neteller account
It is pretty simple and easy to deposit money in your Neteller account. You will have to first log in to your account, and click on the `Money In´ tab. You can then select the mode of transfer, enter relevant details like card number, account number, etc., the purpose of transfer viz. gambling or non-gambling, and the amount. Click on `Confirm´ to complete the transaction.
How much does Neteller charge to deposit? A small amount that is well worth the convenience and safety it offers!