Cashing out - UK advice - Beginning Poker Questions

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Cashing out - UK advice

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11-19-2009 , 06:27 AM

razor25

centurion

Join Date: Oct 2008 Posts: 172

Hi.
My bank charges 3% when changing dollars into pounds. Just wondering what the best and cheapest method of getting your cash in and out of sites is please. Does anyone recommend anything?
Would like advice for Stars, FTP and Titan.
Thanks.

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11-19-2009 , 06:49 AM

Mark89er

Carpal \'Tunnel

Join Date: Mar 2009 Posts: 10,223

on titan, transfer it to paypal then direct into ur account, it slows the process down but u dont get hit with any charges, or at least i dont

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11-19-2009 , 07:54 AM

dimebar

adept

Join Date: Jul 2008 Posts: 895

change bank?

I'm with barclays and I don't get hit by any fees as far as I can tell.

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11-19-2009 , 08:01 AM

bumblebee99

Badugi Ninja

Join Date: Apr 2008 Posts: 10,997

Quote:

Originally Posted by Mark89er

on titan, transfer it to paypal then direct into ur account, it slows the process down but u dont get hit with any charges, or at least i dont

yeah this, i just have a sterling neteller account--->uk bank account so it's only exchange rates you have to worry about.

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11-19-2009 , 08:11 AM

bumblebee99

Badugi Ninja

Join Date: Apr 2008 Posts: 10,997

Quote:

Originally Posted by Mark89er

on titan, transfer it to paypal then direct into ur account, it slows the process down but u dont get hit with any charges, or at least i dont

yeah this, i just have a sterling neteller account--->uk bank account so it's only exchange rates you have to worry about.

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11-19-2009 , 05:42 PM

Rdysn5

journeyman

Join Date: Aug 2009 Posts: 310

If you have a UK paypal account, and you receive a payment to it in $, paypal charge their own fees to convert it into £. Would it not cost more doing that, than simply cashing out directly from the poker room to your bank account?

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11-20-2009 , 05:53 AM

razor25

centurion

Join Date: Oct 2008 Posts: 172

Quote:

Originally Posted by Rdysn5

That's what I am wondering. Appreciate the help, but surely Paypal have charges of their own? Do any of you UK guys know what they are?
Thanks.

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11-20-2009 , 06:35 AM

Montanauk

newbie

Join Date: Oct 2009 Posts: 22

On stars just request a cheque, Stars will convert it to pounds first at a fair exchange rate and send you a cheque in pounds resulting in no fees. Probably the same at other sites but not sure.

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11-21-2009 , 04:43 PM

TopPair2Pair

veteran

Join Date: Nov 2009 Posts: 3,366

Nationwide Flex account. 0% Commission on exchange rates.

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