Neteller Question

[tehox]

I wanted to bankroll a friend for online poker. Want to do it through Neteller, though he is not comfortable linking it up to his bank account. Could he just set up a Neteller account, and then I transfer the $$$ from my account to his? Then when he wants to cash out he just transfers back to me? Thanks.

[oyvindgee]

Yeah, that'll work. Not sure if there are any fees for member to member transfers, but it's doable.

[bblock99]

1.9% fee for member to member transfer through neteller.

[QuickLearner]

I believe that in order to do peer-to-peer transfers, both accounts need to be verified...and that means he'll have to connect his new Neteller account to a bank account anyway. If he's uncomfortable with linking to his regular checking account he can use a savings account (which he can leave empty) or get a new free checking account at a different bank.

[MikeSmith]

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both accounts need to be verified...

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[TurtleninjaHendy]

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both accounts need to be verified...

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[iceman5]

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I believe that in order to do peer-to-peer transfers, both accounts need to be verified...and that means he'll have to connect his new Neteller account to a bank account anyway. If he's uncomfortable with linking to his regular checking account he can use a savings account (which he can leave empty) or get a new free checking account at a different bank.

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Unless theyve changed something recently, you cant use a savings account. It has to be a checking account.

[-zero-]

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I believe that in order to do peer-to-peer transfers, both accounts need to be verified...and that means he'll have to connect his new Neteller account to a bank account anyway. If he's uncomfortable with linking to his regular checking account he can use a savings account (which he can leave empty) or get a new free checking account at a different bank.

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Unless theyve changed something recently, you cant use a savings account. It has to be a checking account.

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They told me I couldn't use a savings account, then I tried anyways and it worked.

[LinusKS]

Just transfer some money to him at whatever site he wants to play at. Uncertified player->player = no. Uncert'd site -> player is fine.

[Tom Ames]

Easier method:

Open a joint checking account to fund his NT account. You can probably find a low-fee/no-fee one easily. You will be able to deposit to/withdraw from that checking account as needed.