FTP pays neteller fee, how does this work?

[soko]

So when I instatransfer from my bank account it adds 8.9% processing fee to the transfer, so if I want to put $500 in FTP via Neteller, I need to ask neteller to transfer something like $460 from my bank account then it will add the $40 something processing fee so I will only have $460 in my neteller although my bank account will be charged $500, then I deposit $460 in to FTP from neteller and FTP will pay me the other $40 to cover the fee and I have $500 in FTP?

Is this correct?

[edfurlong]

Wow.

All you have to do is choose the instacash deposit option through the FTP deposit page. You don't have to deal directly with neteller at all.

[soko]

Is it normal to always be declined?

[edfurlong]

I think instacash may start with a smallish limit until you've used it for a certain amount of money. I don't know if thats the problem though.

[Sniper]

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Is it normal to always be declined?

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If there is no money in your checking account [img]/images/graemlins/wink.gif[/img]