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Old 01-31-2007, 04:34 PM
busguy busguy is offline
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Join Date: Jun 2004
Location: God\'s Country
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Default Re: Suggested Solution for Neteller P2P Money Transfer Problems=PayPal.

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Can you transfer funds from Neteller to Paypal . . .

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No, you cannot transfer money directly from Neteller to PayPal. This is the one "weak link" in my proposal.

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Well then it is a pretty major weakness to the plan. As mentioned many times in other threads. The fees incurred will likely kill an idea like this. The P2P transfer eats 1.9%. When cashing from Neteller to a Canadian (using me as an example) account you get screwed on the exchange rate which cuts at least another point or so off. You then have the money in a CDN account. Depositing CDN funds into your paypal account will likely screw you on the currency exchange again . . . so unless someone is willing to take at least a 10% + hit to get their money, I can't see anyone "helping" get this done with all the time and effort that would likely be involved.

my 2 cents
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