Neteller Review: Fees,Comparisons,is it safe

Neteller Money Transfer Review: Is it safe? How does it work? What are the exchange rates

neteller review
Pic immulation by Er. Masroor Let me ask Co. 

How can you use Netell.. Money Transfer to send money abroad? Is their service reliable? Can you trust Neteller with your money? How good are the Neteller Money Transfer fees and exchange rates?

My independent review of Neteller Money Transfer

Author of Neteller

Neteller is an online payments company that lets you make transactions and transfer money to many countries around the world. Established in 1999 in Canada,and moved to the Isle of Man in 2004.Paysafe Group is listed as an "Authorised Electronic Money Institution.
neteller history

In 2015, Optimal Payments Plc (now Paysafe Group) finalized a transformational transaction for the global payments industry – the acquisition of Skrill Group, one of Europe’s largest online payments systems and among the world’s largest independent digital wallet providers

Neteller is now owned by the Paysafe Group, a large payments group that provides payment services online, in person and via other channels. Net.. started as an eCommerce payment gateway specializing in gambling, but has now expanded its services to include an online service that lets you send money around the world, Net.. Money Transfer. Opening an account with Net.. gives you access to that service as well as the Nete.. wallet (whose review you can find at the end of the page). Nete.. money Transfer is fast, simple and inexpensive due to very attractive pricing, exchange rates and fees. 

Our independent reviews on Neteller Services

neteller review

neteller review

You can send money internationally through Neteller Money Transfer and fund the payment via credit card, debit card, SOFORT or bank transfer, depending on where you’re located and the currency you’re using. The beneficiary can choose to receive funds directly into their bank account, although receiving money into a mobile wallet is also an option for a small number of countries.

Neteller Home Page Look

Neteller Home Page

What we Like About Neteller

1.Very competitive fees and exchange rates when using Neteller Money Transfer
2.Secure, fast and convenient transfers through Neteller Money Transfer
3.Extremely positive customer reviews on Trustpilot

What we Dislike About Neteller

1.Currently available in only a limited number of countries
2.You can only send to a bank account or mobile wallet

Sending money internationally with Skrill Money Transfer

Neteller Money Transfer lets you send money to a beneficiary internationally. You can send money directly to a bank account or mobile wallet. Typically, you just require the recipient’s name, address and account details to transfer money to them.

To use Net.. Money Transfer to send money abroad after opening a Neteller account, you can simply go to transfers and click on “Get started”. Alternatively, from the Neteller wallet website, click on “Send” then “Send from a bank account or credit card to a bank account or mobile wallet” or “Send to bank account” on the Nete.. mobile application. 
We highly recommend using the Nete.. Money Transfer service to send money abroad instead of the Neteller to Neteller service which has poor customer reviews and is much more expensive, slower and less convenient. 

How Neteller money Transfer Work

1.Create a Neteller account
Sign up for Neteller in just a few moments with your First Name, Last Name, Email and Password. That's it.

2.Go through Verification Process
When you create an account with Neteller, you will need to verify your identity with them. This verification process may vary slightly depending on where you’re located, but generally you will need to provide:

Personal information including full name, address, birth date and a government-issued identity number like a social security or national insurance number
You may also need to answer a set of knowledge-based questions
You may also be asked to provide additional information to verify your identity, this may include:
- A color copy of your ID such as identity card, driver's license or passport
- A picture of you holding your identity document next to your face
- A proof of address document like a utility bill or bank statement issued within the last three months

3.Set up your transfer with the beneficiary's details

After entering your amount and currencies, you will need to provide details of the beneficiary, as follows:

1.Their full name and address.
2.Their bank code, which you can get from the beneficiary. In most cases this will be their Business Identifier Code (BIC) although some countries may provide a national bank code instead.
3.IBAN (International Bank Account number) or account number: The IBAN is a series of alphanumeric characters that helps to identify accounts held anywhere in the world. Some beneficiaries may hold just an account number depending on their bank.
4.Country of their bank: Your beneficiaries' account holding bank may not always be the same as their home country.
5.The amount of the payment
6.Any reference or message for the beneficiary.
7.Reason for making the payment, if required.

Skrill Money Transfer Fees, Exchange Rates and Transfer Time

Skrill Money Transfer Fees, Exchange Rates and Transfer Time
Skrill Money Transfer Fees, Exchange Rates and Transfer Time

Neteller Fee United state

Neteller does not currently charge any transfer fees for a neteller Money Transfer to a bank account or mobile money account overseas. Even if you choose to pay for your money transfer with a debit card or credit card instead of from your bank account, no additional fees will be applied by neteller (however if you’re outside the UK, your card issuer may charge you a foreign transaction fee). We do not know how long this attractive pricing will last.

With a wide variety of options for funding your account, there’s always an option that’s right for you.
Payment Method or Deposit option Supported currency

1.Exito fee 2.5%
2.Astro payCard 2.5%
3.BITCOIN 2.5%

How easy to use Neteller

A lot of  users going to neteller end up making a transfer with them
Neteller easy to use

Credibility & Security: Can I trust Skrill?

1.This is fully licensed and authorized Score 2/2
2.yes it has a good number of positive customer reviews 1/2
3.Net. customer base is already quite large 1/2
4.Nete. employs a very large number of employees 1/1
5.Nete. has transferred less than 1 billion for their customers 0.3/1
6.Nete. has been mentioned in countless recognized media outlet 1/1
7.Nete. is part of Monito's network of trusted partners 1/1
8.Neteller is a long-established company 1/1

The points above are added to calculate the "Credibility & Security: Can I trust Neteller?" score of Neteller, who scores 7.3 points on a maximum of 10 points.
Neteller trust score
Neteller has been in business since 1999,They are fully authorized and regulated and are used by millions of customers to pay online and make domestic and international money transfers. Paysafe, the company that owns Neteller, has offices in over 20 locations around the world and provide safe and secure money transfers.

Neteller is fully authorized and regulated by various regulators around the world, including the Financial Conduct Authority (FCA) in the UK and the U.S. Department of Treasure’s Financial Crimes Enforcement Network (FinCEN). 

Service and Coverage

1.Neteller allows you to send money from a lot of different countries 1.5/2
2.Neteller allows you to send money to a limited number of countries 0.5/2
3.Neteller is available in many different languages 1/1
4.It is possible to pay for your transfer by local bank transfer 0.5/0.5
5.It is possible to pay for your transfer by credit/debit card 0.5/0.5
6.Neteller doesn't offer additional pay-in options
7.It is possible to send the money to your recipient's bank account 0.5/0.5
8.Neteller doesn't offer a cash pick-up service
9.The money can be sent to a mobile phone (airtime top-up or mobile wallet) 0.5/0.5
10.Neteller doesn't offer a bill payment service
11.Neteller offers additional banking features
12.Neteller offers a multi-currency debit card
13.There is no minimum amount (or very low)
14.There is no maximum amount (or very high)

neteller account

The points above are added to calculate the "Service & Coverage" score of Neteller, who scores 7.5 points on a maximum of 10 points.

Customer satisfaction 

Neteller Money Transfer has an exceptionally high TrustScore of 9.5 out of 10 from over 1400 customer reviews, with 97% of customers rating them as Great or Excellent. This is among the highest scores we have ever seen for a money transfer service!

The vast majority of Neteller Money Transfer customers praised the extremely competitive fees and exchange rate of Neteller Money Transfer, its ease of use, as well as the speed of delivery of the funds. As usual, a very small number of customers were frustrated with having to submit the documentation required to verify their identity for legal reasons.

Neteller mobile applications

Neteller provides a mobile, smartphone application on iOS and Android platforms so you can access your Neteller account and wallet, wherever you are.

Using the Neteller app

The Skrill mobile application is easy to use:
1Log in and select ‘Send Money'
2.Enter recipient email address and payment details
3.Select your currency and amount
4.Confirm and send
You can also use the Neteller money transfer service online, and it is fast and easy to use

Prepaid card ,Secure online payment,Net prepaid master card,netell. logo