Scroll down to the section titled ‘SEND MONEY, RECEIVE MONEY’
You will now see the new P2P transfer fee details for your country
Only Neteller accounts from certain countries are affected
Accounts created before 4 April 2019 are not affected
However, it is not all negative news.
Neteller have also implemented a change to their VIP program for all customers from all countries.
Only eWalletBooster customers can take advantage of this change:
FREE Bronze Pro VIP upgrade
Fast-track to Silver VIP status with $7,500 transfers
How can you avoid paying the transfer fee?
If you deposit money into your Neteller account from an alternative source such as bank account, debit/credit card (excluding uploads using Skrill, Paysafecard or BitPay) then the fee of 5% uncapped will not apply to your account.
If you reach Silver VIP status by doing eligible transactions (transfers to merchants / buying cryptocurrency) then the fee of 5% uncapped will not apply to your account
All Silver VIP’s receive the benefit of FREE money transfers so you can send money P2P from your Neteller account to another for nothing!
In conclusion, we believe that this change implemented by Neteller is relatively sensible.
As long you as you either upload funds into your Neteller account from your bank or alternatively transfer at least $7,500 to merchants or buy $7,500 of crypto, you will not be affected.
As always, please fee free to contact the eWalletBooster team via live chat for any further clarifications.
Application Form for Neteller VIP Upgrade & Cashback