Me and my friend are betting together, and want to avoid gambling transactions on bank accounts for mortgage applications.
I need to get funds
1. From my bank to e-wallet
2. From my e-wallet to his
3 From his e-wallet to book
4. From book to his e-wallet
5. Back to my e-wallet
6. Back to my bank
The only options that bet365 accept seems to be skrill and neteller?
Lets call the amount €10k, that will double to €20k.
From what I understand, with Skrill;
1. Fee of 1% - €100
2. Fee of 1.45% - €145
3. Free
4. Free
5. Fee of 1.45% - €290
6. Fee €5
Total - €540 fees.
I understand to get both to Silver Level I could deposit €15k, deposit and withdraw it somewhere I don't intend to play to turn my account Silver, then do the same with his account (the book we will actually play with).
This is a bit more risky in case the book I don't intend to play on kicks up a fuss.
It would bump the original deposit cost from €100 to €150, as I would deposit €5000 more, but deposits of over $20k are free, so it would make sense to deposit this much. Total cost would then drop to €5 (all free apart from final withdrawal).
With Neteller:
1. Fee of 2.5% - €250
2. Fee maxed at €10
3. Free
4. Free
5. Fee maxed at €10
6. Fixed fee of about €15 – can somebody confirm this?
Total - €285 fees.
However, uploads of $20k or higher are free, meaning if I did this much the fee total would be about €35 and the cheapest.
Paying the extra €30 would be worth not having to deposit €15k in and out of a book I don’t want to play with, IMO.
Let me know if my information on fees is out of date, or if someone has better advice.
Cheapest e-wallet to move funds through
- dealer wins
- Totally Pro
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- freaked
- Has experience
- Karma: 4
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Re: Cheapest e-wallet to move funds through
Don't want anything going through a bank because of mortgage as I explained.
Is there any flaw in my workings?
I don't want to deposit 20k and be stuck with a % fee to withdraw it for example.
Is there any flaw in my workings?
I don't want to deposit 20k and be stuck with a % fee to withdraw it for example.
- arbusers
- Administrator
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Re: Cheapest e-wallet to move funds through
Please notice, that if certain circumstances are met, members from Colombia, Chile, Greece, Kenya, Morocco, Peru, Russia, Serbia, Spain, Ukraine, Uruguay, Vietnam and Venezuela will have an even lower annual threshold of 7.500$ to get to the Silver VIP status. Today, 7500 USD are equal to 6750 Euros.
This is a special arrangement for referred by arbusers accounts. I hope you come from one of the above countries.
This is a special arrangement for referred by arbusers accounts. I hope you come from one of the above countries.
- freaked
- Has experience
- Karma: 4
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Re: Cheapest e-wallet to move funds through
I don't come from one of these countries.
The plan is to use two neteller bronze pro VIP accounts and
1. Deposit $20k with zero fee
2. Transfer what I need with fee capped at $10 each time
3 From his e-wallet to book is free
4. From book to his e-wallet is free
5. Back to my e-wallet capped at $10 each time
6. Back to my bank for a fixed $10 fee
I assume this plan should run smoothly?
The plan is to use two neteller bronze pro VIP accounts and
1. Deposit $20k with zero fee
2. Transfer what I need with fee capped at $10 each time
3 From his e-wallet to book is free
4. From book to his e-wallet is free
5. Back to my e-wallet capped at $10 each time
6. Back to my bank for a fixed $10 fee
I assume this plan should run smoothly?
- freaked
- Has experience
- Karma: 4
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Re: Cheapest e-wallet to move funds through
Going to deposit the $20k in the coming days so if anybody sees a flaw please talk me out of it!
I don't need the full $20k to play with, just using this amount to save on fees.
Thanks.
I don't need the full $20k to play with, just using this amount to save on fees.
Thanks.
- dealer wins
- Totally Pro
- Karma: 43
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Re: Cheapest e-wallet to move funds through
Just hope that you dont get the dreaded "source of wealth" email and then several weeks/months of BS and frozen funds trying to satisfy them!
Never trust a goose!!!
- bookieslayer
- Has experience
- Karma: 6
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Re: Cheapest e-wallet to move funds through
Is this fairly common? What about ecopayz? They seem a little better from what I'm reading.dealer wins wrote: Just hope that you dont get the dreaded "source of wealth" email and then several weeks/months of BS and frozen funds trying to satisfy them!
- blizard
- Has experience
- Karma: 5
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Re: Cheapest e-wallet to move funds through
Sorry this is a bit old , but ecopays is free to transfer money from one account to another (just you have to use refer link from the forum) , also have the lowest currency conversion i could find by far , and a free master card (also send free) .
I put members of my family to use it too and i find it the most secure option for onlne orders.
I put members of my family to use it too and i find it the most secure option for onlne orders.
- ukbetting
- Gaining experience
- Karma: 3