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Is NETELLER free to use?

25 Jul 2024 By PAYCEC

The answer varies depending on the type of transaction and your account state. Domestic money transfers, for example, typically cost 1.45%, but if you have earned True status, these transfers are free. 

The NETELLER True status could be your ticket to free transfers between NETELLER accounts forever. And the work needed to do so is as simple as follows:

  1. Download and log in to the NETELLER app
  2. Make an eligible deposit
  3. Verify your identity

Once you do this, you will always be able to transfer funds between NETELLER accounts for free.

When sending money across borders with NETELLER, things change a bit. International transactions per se are free, but you will pay a 4.49% foreign exchange (FX) fee for currency conversions.

Plus, there's a 2.5% fee for all local and global deposits. It comes straight into force the moment you add money to your NETELLER account, so keep that in mind when topping up.

A foolproof way to dodge these fees is to snag a NET+ Card. With this handy card, you can use your NETELLER balance to shop at local stores or withdraw cash from ATMs worldwide without paying extra.

So, that is our lowdown on whether using NETELLER costs you anything. Hopefully, we have cleared up any confusion and provided you with enough information to make an informed decision.

Have other questions?

If you need further assistance or answer, please don't hesitate to contact us.

Have other questions?

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We are honored to serve as your reliable business partner and financial service provider in the industry and other business-related services. With the help of our professional staff, to help merchants to achieve their goals for the development and expansion of the international business market.

Our payment flow has developed in the e-commerce world to perform seamlessly and effectively across all platforms and devices. We take pleasure in combining technology with customer service, to solve your concerns at the moment.

PayCEC is a fully worldwide payment network that not only allows merchants to be paid immediately and securely, but also allows them to withdraw money in multiple currencies to their company accounts.

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