Neteller Guide

Registering on NETeller

Registration takes just 2 minutes, the time to give your e-mail address. You’ll then possess your own "Neteller Express" account with limited functions (deposit limit of  £2,150).

Upgrading your account

To take full advantage of the opportunities offered by your account, you’ll need to upgrade it. To do this, simply send off a scan of your ID card or passport and answer the call of an employee responsible for checking your information.

Unlimited Deposits and Withdrawals

After this has been done, the limits change dramatically. Are you ready for this...? You can use your bank card to deposit up to £5,000 per day. The monthly limit is £20,000. Fees of 1.75% are charged. For this price, you can see your money being transferred on the spot.

If you choose the bank transfer option, this maximum amount increased to £145,000 per day. Very few people will have the opportunity to reach this limit! But if you’re one of them, you can deposit up to £580,000 during a month, at no cost. The transfer will take two to three days, which is standard for the sector.

Net+ Prepaid Master Card credit card

The website also offers its own credit card which is valid anywhere that MasterCard is accepted, i.e. in all countries and in 95% of commercial Internet transactions. This is an undeniable advantage, in addition to its enormous limits. It’s hard to imagine anything quicker, easier or more practical than this card which, combined with the easy deposits, becomes a completely flexible solution. Of course, you have to pay for this ease of use. It will cost you £15 to order the card. And the annual management fees will cost you the same amount. But above all, it is the withdrawal fees that are likely to make you think twice: £4.

It takes the same amount of time to withdraw money and transfer it into your bank account as for deposits. It will cost you £7.50 for a transfer or for a cheque. One of their drawbacks is that it is impossible to deposit directly onto your credit card.

Security and reliability

A site of this size requires a flawless security system and that is what Neteller offers you. The website keeps 100% of its members’ balances placed in separate trust accounts. This means that they always have access to the liquidity required to guarantee their money transfers. The website uses state-of-the-art data encryption technology and employs a large number of staff dedicated to monitoring its network.

Customer service

The customer service operates at an unusually high standard, regardless of your choice of the many options on offer. The FAQ is a success, simple and complete. The Livechat service is available 24 hours a day 7 days a week and there is always an English-speaking employee on duty. You can simply send an e-mail, which will be answered within a very satisfactory period of time. Finally, a telephone number is also available, but long-distance charges will apply.

Our verdict on Neteller

To sum up, if you are prepared to pay a little more for optimum speed and efficiency in your money transfers, Neteller is the website for you!