Neteller Review

Created in 1999 in Canada (operations were moved to the Isle of Man in 2004), Neteller is a private e-wallet (also referred to as an e-money) service which is operated by a publicly owned British company by the name of Optimal Payments PLC. The service is used by millions of people from well over 150 countries to transfer funds to and from providers of goods and services, including of course, online casinos. Neteller casinos are today among the most popular online casinos thanks to Neteller’s great popularity amongst gamers. E-wallets are a very popular mode of banking with online casinos and Neteller is literally the king of the e-wallet industry (it won the 2014 Prepaid365 Award for Best General Spend Prepaid Card, and Best Privacy Prepaid Card).

How do Neteller Online Bookmakers/Casinos work?

Depositing funds into your Neteller account is just as easy as making any online purchase. Funds may be deposited into your Neteller account using Bank Wire, credit card, debit card, pre-paid card, e-check or even other e-wallet services such as Ukash and Giropay. These different methods of depositing come with varying terms and conditions which each player must familiarise himself with; for instance, deposits into Neteller using Bank Wire might take a few days to process while credit card deposits are instantaneous and for the most part, fuss-free.

Withdrawing funds from your casino account is just as simple, provided that the casino in question allows this (there are scores of casinos online which do). Indeed, one only has to choose Neteller as an option for withdrawals, specify the withdrawal amount desired, and the amount specified should be transferred to the player’s Neteller account within a matter of minutes (less any casino fees, for which CasinoTop10 recommends that players check the withdrawal terms and conditions of the casino in question). Furthermore, consumers can sign up for a Neteller account on the company’s website. Accounts may be set up in 26 major currencies including: AED, AUD, BGN, BRL, CAD, CHF, DKK, EUR, GBP, HUF, INR, JPY, MAD, MXN, MYR, NGN, NOK, PLN, RON, RUB, SEK, SGD, TND, TWD, USD, and ZAR. Furthermore, Neteller users can benefit from being able to withdraw more than their initial deposit provided that it is approved by the internal review team which takes care of all withdrawals. This process usually takes approximately up to three business days. Once the team has processed the player’s withdrawal, it will take 2-6 hours for the funds to appear in your bank account and be ready for use.

How does NETELLER work?

You will get the NETELLER Express acount automaticaly after opening customer´s acount. After proving your identity you will get NETELLER Extended (where you can withdraw money from, as well).

Each account has its identification number of 12 digit, to which belongs another secure ID of 6 digit. Because of the customer´s identificiaton as the owner of acount it is necessary to have a password, which is demanding by the shopping.

Sending money to NETELLER account
You may send money to your NETELLER account via credit card (Visa, Mastercard), via bank transfer (2-3 days), giropay, POLi, VISA Electron or Maestro.

Sending money from NETELLER to online companies
Transfers from NETELLER to online gambling providers are running immediately and free of charge (in most cases). Most of the online gambling providers do not ask the customers for 1.9% of the transfered amount.

Accepting money to NETELLER from online companies
Transfering money from online gambling provider to NETELLER takes to 2 hours but it can take to 60 hours (depends on company).

Withdrawing money from NETELLER acount
You may withdraw money from NETELLER acount via bank transfer (3-5 days) or via cheque (14-30 days). You may send money to a prepaid card (NETELLER card from MasterCard) as well, which you can use for withdrawing money from cash dispenser.

NETELLER Support
The customer support is available 24 hours a day. You can use e-mail form, telephone contact or live chat.

Does NETELLER Charge Fees?

Deposits at NETELLER acount
bank transfer (mostly free of charge)
credit cards (1.5% - 1.75%)
Deposits to online companies are in most of cases for free. It is necessary to study the conditions of each online company. The charge for sending money to an individual is 1.9% (min. 1USD).

Withdrawals from NETELLER acount

bank transfer (7.5 EUR)
cheque (7.5 EUR)
prepaid card (recharging via NETELLER costs 0.75 EUR, but its single activation costs 7.5 EUR. Withdrawal from cash dispenser costs 7.5 EUR and withdrawing in foreign currency is the charged of (2.5%).

Limits at NETELLER Account
NETELLER Express ( the transfer limit goes up to 2 500 EUR)
NETELLER Extended (this account offers higher deposit limit)

NETELLER Net+ Prepaid MasterCard

The Net+ Prepaid MasterCard® and the Net+ Virtual Prepaid MasterCard® provided by NETELLER, one of the leaders in online payment solutions, promise to revolutionise the market for prepaid credit cards through design, innovation and a commitment to providing consumers a better deal.
These cards have rightly been lauded as being one of the only true online gaming prepaid credit cards in the market but these amazing new prepaid credit cards actually deliver a whole lot more.
One of the best-priced prepaid cards on the market; both the physical prepaid card and the virtual prepaid card carry no dormancy or annual fees and POS transactions are FREE making these prepaid cards perfect for online shopping, gaming as well as travel enthusiasts. Furthermore, there is added benefit of keeping your spending private with no telltale statements sent to your home. Now that is priceless indeed! The prepaid MasterCard also serves as an excellent credit card alternative for those keen on staying debt free and controlling their spending.
With 8 currencies to choose from on the the Chip and PIN Plastic Net+ Prepaid MasterCard and the ability to hold as many as 5 unique virtual cards at a time, these prepaid cards are changing the face of the prepaid industry.

Neteller VIP System

Renowned for its stellar service, there are few e-wallet companies that can reach the dizzying heights of VIP perks which Neteller offers. Not only do VIP’s get exclusive discounts on deposit and withdrawal fees which are processed monthly, but Gold, Platinum, and Diamond VIPs instantly receive higher limits on all transactions, a daily ATM cash withdrawal limit of $1,000 for Bronze and Silver VIPs and a $3,300 limit for Gold, Platinum and Diamond, a dedicated, personal VIP manager who can help with any concerns the player may have in his or her your own language, as well as a VIP chat service which is available 24/7 to answer any questions and concerns that one may have. If all this wasn’t enough, Neteller users can earn reward points when they make transactions and redeem them for cash, and for that extra personal touch, the Neteller team will credit VIP users with an annual Reward Point bonus for ever year that they remain Neteller members

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Safety and Security

Neteller is one of the most trusted online payment systems in the world for good reason as it constantly updates its security measures by employing the very latest in anti-fraud tools and security features, and uses 128-bit encryption technology to ensure transaction security. Moreover, it does not require players to exchange their banking information with casinos or any other third party. As a UK Financial Conduct Authority (FCA) authorised company, Neteller holds more than 100 per cent of player account balances in trust accounts, which means that player money is always there when and if they need it. Whether you are depositing with your credit card, a trusted bank account, or using an alternative payment option, Neteller keeps you 100 per cent safe and secure, and because Neteller prides itself on discretion above everything else, players can make transactions using Neteller and avoid having them show up in their personal bank statements.