Neteller

[Peixinho]

Gambling sites steal money generally from exchanging. I believe Neteller only takes 2.5% and nothing else.

[Nihan]

And this is what Neteller used:

British Pounds X 1.1166 = Euros
On Nov 26, 2008 6:45 PM.

That rate seems wrong. Where did you withdraw from? Maybe the site did some conversions of their own first.

Generally I find Neteller VIP-support fast and reliable, and the fees are not that bad for VIPs either. BTW do they credit back the ATM fees to VIPs, like they do the regular withdrawal fees? I only just got the new card.

[Jsi]

I withdrew from Ladbrokes, which doesn`t take any exchange fees/anything. Neteller confirmed that rate and imo it`s ridiculous.

[Peixinho]

I withdrew from Ladbrokes, which doesn`t take any exchange fees/anything. Neteller confirmed that rate and imo it`s ridiculous.

In case you've not noticed, GBP hasn't been the most stable currency lately. It could all be a coincidende in which Ladbroke's currency rate had just changed but Neteller's didn't or vice versa.

Still that currency rate you posted, seems a bit too low...

Edit: I forgot the 2.5% so actually the currency rate is pretty close to what it is now, so probably the gamling sites currency is not accurate.

[Jsi]

As far as I know, Ladbrokes doesn`t have any exchange rate and they send it untouched to NT.

[Nihan]

I withdrew from Ladbrokes, which doesn`t take any exchange fees/anything. Neteller confirmed that rate and imo it`s ridiculous.

OK, looks like Neteller's error then. Kauppalehti too reports the rate at 1,18xx on Nov 26, so 1,11xx is way off. Definitely looks like there's been double conversion or something.

[Jsi]

Nice once again. Real value 1€ = ~0.928£ Neteller using 0.8871...A real rip off.