Neteller Fees & Taxes
Most online casinos won’t charge you any fees when depositing funds using Neteller. Moreover, Neteller itself does not charge you for such transactions.
However, you will be charged when topping up your Neteller account.
The fee charged usually varies from one payment solution to another. For the most part, you will be charged up to 70% of the amount. Topping up via MasterCard, for example, attracts fees between 2.25% and 4.95%.
In addition, the amount you can deposit depends on the financial institution. This is because they all have different policies with regard to such transactions.
Adding funds via other e-wallets like Trustly and Skrill usually attracts up to 3% in fees.
As evidenced above, fees charged to top up your Neteller vary. Therefore, it is a great idea to confirm each in advance whenever you want to gamble.
With regards to Neteller withdrawals, most online casinos do not charge a fee. However, Neteller charges you some fees depending on the payment option of choice. That is, if you are withdrawing from your Neteller account, there’s a fee.
For bank transfers, you will be charged a 7.50% fixed fee. Further, you may be charged a 3% foreign exchange fee. A 1.75% cash withdrawal fee may also come in handy.
Neteller permits up to 10 withdrawals per day from online casinos. Moreover, the withdrawals should not exceed $1000 or equivalent. Also, a maximum of 50 purchases, totaling $3000 and below are allowed.
That being said, Neteller does not charge any maintenance fee. You are also not required to pay annual fees if you have a Net+ card.
Nonetheless, you have to keep your Neteller account active. All inactive accounts are subject to an administrative fee.