Neteller cheque withdrawal question.

[Senk]

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.

[Andrew Karpinski]

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

[Fevered]

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

[M.B.E.]

[ 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.

[grac]

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?

[grac]

bump

[Senk]

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

[Senk]

[ 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.

[Senk]

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.

[flaag]

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.