Neteller and Globewallet

[Jonathan]

I just got this card from Neteller, but havent tried it yet.
How does it work? When you make a transfer from Neteller to the
card, do they charge huge fees for converting from Canadian Dollars to US
dollars? The last time they issued me an ATM, they would convert
CDN$ to US$ and then when I took cash out of an ATM here in Europe,
I got raped on the conversion from US$ to euros. I remember it cost
me something like $150 to withdraw 600 euros from an ATM, and I
promptly cancelled that card.

Does this card work more like the usual Visa Mastercard, bank ATM cards
in that the conversion rate is reasonable?

I would like to hear from Europeans who have tried it.

Jonathan