What is Neteller? Neteller is an on-line 'electronic wallet' that allows the user to transfer, withdraw and deposit funds on-line and provides the user with same-day payments as well as cash transfers to and from affiliated merchant sites from the Neteller account holder. How does it work? In order to make a deposit into a Neteller account you must first sign up for one, this is a free service. Most gambling websites have a link to the Neteller site just click on the link or go to neteller.com, opening an account is quick and easy. As soon as you have completed the registration you will receive a confirmation e-mail, once you have received this e-mail you must follow the step-by-step instructions in order to activate your account, once you have done this your electronic wallet will be active and ready to be used.

For the Neteller customers the service that is offered is secure and convenient and is accepted by most on-line gambling sites as well as being simplistic for the user, all that the user needs to do is put in their Neteller account identification, there security identification and the amount that they wish to transfer from their Neteller account and the transfer will occur instantly. What is most secure about this system is that the user only ever has to enter there credit card or bank details into Neteller.com so that it eliminates the need for the user to put in their details into every website to complete a transaction, making the users transaction quick and secure on thousands of websites. In order to prevent unauthorized transactions taking place and personal information being obtained the Neteller customers’ details, personal, bank and credit information cannot be accessed by any on-line merchant.

Neteller offers it customers a variety of convenient ways in which to both credit and withdraw funds from their accounts this includes several instant transfer methods including, instaCASH bank account transfers, credit card transfers and the option to use the Neteller ATM cards. Neteller also offers a number of payment options that many of the other on-line systems do not support such as regionally specific options for European and North American clients (e.g. Internet Banking).

Once your account has been activated there a number of ways in which you can fund your Neteller account these include using a Credit Card such as Visa or MasterCard, you could use an electronic fund transfer (EFT) this works by transferring the funded amount straight form you bank account which has to be processed through a Automated Clearing House (ACH) network before clearing into your account, unfortunately at the present time this can only be used by individuals with bank accounts in Canada and the United States. The Neteller customer can also use the InstaCash deposit system which works like the EFT deposits but are almost instant again you have to registered and have your account verified by Neteller to be able to use this deposit system. The Neteller system also has its own transfer service, which allows the user to receive funds from a relative, or friend who is also registered with neteller. InstaCASH is almost instant were as EFT takes 4-5 business days to clear through the Clear House (once the bank has authorized the transaction). If you want to transfer money into your poker account see individual site for instruction.

There is a minimum amount that can be deposited into a Neteller account which is $25 U.S and the maximum is $10,000 U.S. this varies depending on which country you open your account so check the Neteller website for details. Cashing out on a Neteller account is easy as long as your cash has been approved by the Neteller internal review team, the process usually takes between 24-48 hours, remember that your e-mail address for your Neteller account matches your poker room e-mail address otherwise you may not be able to transfer funds, this is a security measure. If you're a Pay-Pro Document Verified User then cashing out takes less time, you will find that your funds will appear in your Neteller account in 2-6 hours.