Neteller cheque withdrawal question.
 

I am in Canada. If I request a cheque withdrawal from Neteller, with the cheque be drawn on a Canadian bank?

I am asking because my bank puts a 30 day hold on cheques from outside the country.

Re: Neteller cheque withdrawal question.
 

Why don't you hook neteller into your bank account and get the funds EFT to you?

Re: Neteller cheque withdrawal question.
 

Yes, it will come from a Canadian bank. The cheque comes from Calgary, if I remember correctly.

Re: Neteller cheque withdrawal question.
 

[ QUOTE ]
Why don't you hook neteller into your bank account and get the funds EFT to you?

[/ QUOTE ]
It's a poor exchange rate.

To answer the OP, Neteller's cheques are usually drawn on National Bank in Calgary.

Re: Neteller cheque withdrawal question.
 

Sorry for hijack but I was also wondering what kind of exchange does neteller charge on the instacash cheque deposit from a Canadian chequing account?

Re: Neteller cheque withdrawal question.
 

bump

Re: Neteller cheque withdrawal question.
 

I think that they have exchange rates similar to what a credit card would have.

I'm sure they will give you the current rate if you call them:
1-86-NETELLER

Re: Neteller cheque withdrawal question.
 

[ QUOTE ]
Why don't you hook neteller into your bank account and get the funds EFT to you?

[/ QUOTE ]

Thanks Fevered.

In response to the question, I want to get the cash out and put it into my US dollar bank account without getting raped on the exchange. For some reason, Neteller can't link accounts to US dollar bank accounts with Canadian banks so I want to get a cheque for deposit.

I want the US cash for a trip to Las Vegas.

Re: Neteller cheque withdrawal question.
 

OK. I just found out that Neteller will only send me a cheque in Canadian dollars.

B@STARDS! They just have to rape you on the exchange.

Re: Neteller cheque withdrawal question.
 

I just received 2 cheques from neteller which are (well, better be) in US funds. I haven't cashed them yet, so I can't say I'm 100% sure, but the cheques are equal to the amount taken out of my neteller account, which is in US funds, and I live in Canada.

They came from a calgary bank btw.

Re: Neteller cheque withdrawal question.
 

I've received cheques from Neteller numerous times and they've always been in US funds.

I'm guessing the only reason that they would not send you a cheque in US funds is if your account is in Canadian funds. But if that's the case then you're getting screwed with the exchange rates every time you transfer funds.

Re: Neteller cheque withdrawal question.
 

I just confirmed that a US funds account, will receive US Funds cheques. OP must have a Canadian funds account, in which case, as already said, he's getting raped on exchange anyway.

Re: Neteller cheque withdrawal question.
 

I tested out the check method last week. Before that, I changed my Net account from CAD to USD. I withdrew 100 in USD Check, and 400 USD EFT. 400 was converted to CAD and went into my bank account, while the check remained USD, and when I turned it in, they gave me USD Notes right away. I asked what was the exchanged rate if I wanted to change it - ass rapage. (TDTrust Bank - 1.09 something, gtfo. Party exchanges 1.13)