#1
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Neteller wire withdraw in USD to offshore banks, is it working?
I'm not us citizen and I have a european bank account in USD however all the USD wire withdraws have to pass through a intemediary bank in the US. 'Vicky' from the neteller wire team is saying they are having trouble with this because some US banks are not accepting neteller money, however I do not trust this vicky since she is lazy like hell and doesnt like to work. Is anyone having success with this?
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#2
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Re: Neteller wire withdraw in USD to offshore banks, is it working?
i am sure if someone was not able to withdraw money from neteller, we would hear it from many different people on this board.
FWIW, i made a decent sized withdrawal today to my checking account. I don't expect any problems. |
#3
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Re: Neteller wire withdraw in USD to offshore banks, is it working?
can anyone else confirm
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#4
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Re: Neteller wire withdraw in USD to offshore banks, is it working?
Don't use Neteller. My USD wires are working fine though.
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#5
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Re: Neteller wire withdraw in USD to offshore banks, is it working?
I was about to post something similar. Neteller says that wire transfers in USD must be routed through a US bank and most banks are blocking the transfers. The only solution is to wire the money in Euros where the transactions do not go through US banks. This of course will cost some if your Neteller account is in USD instead of Euros.
JAque |
#6
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Re: Neteller wire withdraw in USD to offshore banks, is it working?
Jaque,
Empty PM box. |
#7
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Re: Neteller wire withdraw in USD to offshore banks, is it working?
Heres what 'vicky' told me
Hi x, Thank you, I have the letter from the bank. What currency is this account? If it is USD, the chance of it going through is very minimal. We have most International wires being rejected now. If they get rejected, it can take up to 30 days or longer for us to be notified as the US is placing holds on some of them. The US is also charging additional fees for the wires they let through. Sometimes the fees are as high as 30.00 and are paid by you, the recipient. This is out of our control so you must consider all of this before you request a wire. We recommend you choose a different currency such as Euro or GBP or Canadian dollars. If this account is USD, and you want us to send it in USD, we will need the US corresponding bank information before we can send it. All US funds must pass through the US. Vicky they might be just lying so I pay the exchange rate fee or it's really true, which does not make any sense since I don't have anything to do with the bill |
#8
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Re: Neteller wire withdraw in USD to offshore banks, is it working?
get it sent in CHF and have the reciving bank convert it back to USD. might cost a few % but it is worth it.
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#9
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Re: Neteller wire withdraw in USD to offshore banks, is it working?
its going to cost huge, 1.9% of neteller then 0.5% on the bank, not a bad idea though. I still have hopes in making in USD
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#10
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Re: Neteller wire withdraw in USD to offshore banks, is it working?
All USD accounts and transactions must go through the US, they aren't screwing with you (USD transactions must pass through a US bank, USD bank accounts must be settled daily with the US Federal Reserve). I have accounts in USD, EUR, CHF, and ARS at the same bank for this reason.
I've never had a problem with USD wires but if I did it'd take me 2 seconds to get the funds wired into a different account at my bank. I can also transfer funds between my different currency accounts with ease and without a fee. Just get the funds sent in your home currency and avoid the headaches. Also, try to avoid Neteller for wire transfer to avoid the fees. Many sites will do it directly. |
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