Hello,

I am having trouble funding online bookie or gambling site
from sg, I am using mastercard and it is block by the bank
from funding a gambling site.

Anybody knows of any cards from sg that is
not block for funding gambling site?

Thanks

use neteller lor, most of those sites use neteller as their payment option

are you in RFP?chinbiz

hope everyone gets a risk-free windfall during world cup

haha,world cup....hope there will be lots of sport arbs up and running

Ya, konohabros, i am in rfp

I have an account with neteller but i
can't fund it using mastercard, they accept
only visa. I am thinking of applying for a visa
card and I do not want a card that is block
from gambling site, so if anyone knows
which bank credit card is not block for funding
gambling site or neteller from sg, please let me
know.

Thanks

you can buy neteller from me if in bulk, i can make special arrangement for ya

You can also use MB, many bookmakers use MB as well...
Its nice to see people doing arbt trade hehe

If not for SP, Im doing that as well

hope you recover from SP's disaster soon

i think u should apply for visa. i fund moneybookers through mastercard. but when i use moneybookers to fund those online bookmakers, i got this error that my mastercard funded moneybookers cannot be use to fund those online bookmakers.

use neteller easier mah, buy from local exchangers, no fees and it's immediate

Forget about applying Visa to fund Neteller.
I tried using Visa to fund Neteller yesterday and it is also being rejected.
So I am just with Moneybooker now. Use eNets to fund if you are in Singapore. Cheaper fee than using credit card.

For Neteller, need to have account verified if you want to buy from fellow members. (Both the transfer and transfee have to have verified Neteller account).

hi, can elaborate on eNets?
what is it and how to use it...?
Thanks

any idea what is needed to get a verified neteller account?

eNets is one of the deposit option in MoneyBookers for Singaporean. It debits directly from bank account thru Internet Banking. Rate is lower than credit card funding. I just deposited into MB using this method yesterday, through my DBS iBanking.
You can find all the information from MoneyBooker website on fund deposit options.



Open a Netelle account and then send in a copy of
1. IC or driving license
2. Utility bill showing name and address or front & back of credit card if funding by credit card

thanks for the info! i will go and get one for myself soon.

hi,
thanks, will get my neteller account certified
any links for moneybrokers to look at eNets cards?

Thanks

eNETS is a convenient and cheaper method for sgrean to fund moneybookers. As long as you have access to internet banking, you have access to eNETS. Under 'upload fund' in your moneybooker account, you will be given 3 payment options - Bank Transfer, Credit Card and eNETS

Any idea who are the local moneybookers and Neteller exchanger?

If the demand for Neteller is high, i can get SnapGold to offer instant funding for neteller without fees

If I'm not wrong, eNets for MB and wire transfer for Neteller is the cheapest methods to fund them.

what about fund by debit card ? did they accept?

those are the official ways, you will still incur lousy exchange rates and some fees i think.

I would like to try using eNets to fund
Ladbrokes. Guess a card is needed?
How this eNets works?

Thanks

You don't need a card to upload fund to moneybookers. All you need is the access to internet banking.

Click on "upload fund" at the top menu of your moneybookers account, you will be given 3 options to fund your moneybookers account mainly: Bank Transfer, Credit Card and eNETS.

Click on eNETS and you will be asked to enter the amount you wish to upload. After that, you will be brought to eNETS secured site to log in to your online banking account and transfer.

yeah, MB is one of the top choices for bookies hehe

For your information, you can't use Mastercard for gambling purpose. This rule applied for all country world wide. Only Visa credit card can be used for gambling purpose.

MB more popular than neteller?

Yes because you don't need to have a debit/credit card to make a deposit. Therefore it is very popular among gambling youngster below the age of 18 who don't qualified for it.

I used to have Neteller account 8 yrs back. The verification was a hassle. I gave up halfway throught the process. However, I might reconsider it if I ever want to get into arbitrage trading.

MB got fees to deposit/withdraw?

Deposit: 1.5% to upload from Internet banking

Withdrawal: Flat fee of 1.80 pound for bank transfer + $10 fee deducted for the service by Singapore bank.

its quite cheap. I use MB to play poker and earn quite alot this month

withdrawal quite cheap, but funding 1.5% is still a little ex.

What is 1.5% if you are profiting that much like sunai..

Hi HYIPPO,
i had some big and smooth Egold trading with your site last time. I wonder whether u will provide Moneybooker Exchange in the future for those who want to play Poker like me

For Neteller funding, they'll absorb all the fees at their receiving side. We'll only need to pay for the wire transfer fee of around 20sgd to our local bank. Verification for Neteller is less than 48 hours once you send in your id and other necessary documents. They will send an email asking you to call them and they would call you back to verify your identity once again. For withdrawal, apply for their global debit card when your account is verified, it is completely free of charge and would reach you in less than 2 weeks.
There are no maximum limit to funding your Neteller using wire transfer but there is a certain limit imposed using credit card.

For MB funding, Singapore is in their list of local supported payment methods, the easiest way is to use eNets via Internet banking for small amount and wire transfer for huge amount because 1.5% is much expensive than fees of 20sgd charged by local bank for wire transfer. Verification is also needed for MB's account. For withdrawal, use eNets with charge of 1.5% or VISA at 3.60sgd.

Both MB and Neteller are registered with the Financial Services Authority in the United Kingdom and they observed strict rules on money funding and withdrawing. Especially funding from bank wire, your bank's account name MUST match the one in your e-currency account otherwise they would send the funds back to you (no third party funding).

As in the bookies list available in SBP, more bookies used Neteller than MB. It would be a wise decision to spread our online funds.

Having said all that, it would still be good if local exchangers like SnapGold could provide services to customers of Neteller and MB. Cheers.

Thanks Suffolk. That made Neteller a better choice in my opinion becasue they offer FREE debit card.

If you want, you have to do it quick cos the mention of FREE debit cards, I dunno how many people are going to apply for it. I heard from someone in the RFP's thread that Neteller used to charge 5.xxusd so get it while it's still free.

Hi all,

I finally get to fund ladbrokes by using eNets!

Trying to get certification from Neteller. If funding
to Neteller is not a hassle; maybe using it for arbs
trading later.

It's great getting to knows the various ways of funding
a gaming site.

BTW, what about the withdrawal of our winnings or
earning back to sg.

Thanks!

how is enets working out, i usually use ebullion exchange

Using debit card for Neteller withdrawal and eNets for MB, since earnings are route via 3rd party payment processors, it should not raise any red flags.

For Neteller, Suffolk has explained in his previous post. Debit Card is the best choice here.

For Moneybookers, best option is Bank Transfer.

Of course, would love to see local exchanger getting these 2 involved.

Neteller Debit Card is free... but what about the charges when trying to do a withdrawal?
Have came across other debit cards which are free but there are charges to fund the card from the account, then got charges to do withdrawal, charges for this, chareges for that... until to withdrawal, the fee are very high.

Hi, you might want to look into this URL for more information about the charges, the debit card that we receive falls under Blue International: https://www.neteller.com/learn/usingNetellerAtmCard.jsf

Charges are a bit steep if you start with with a few thousands for doing arb trading. You might want to consider building up your accounts to a very comfortable level before doing cash withdrawal from Neteller and MB.

Hi,

This is for my 'eNets' transaction done:-
I have checked my bank account and there is
no fees being added to the amount I transfer
to gaming site and at the gaming site there is
no deduction of the amount. It is a smooth
transaction...!

I will check at the gaming site which option
they have for withdrawal.

I gather from here that one can use Neteller,
bank-wire transfer and moneybrikers but there
will be alot of transfer fees involve.

How much of the fees that one have to pay then
it is consider acceptable?? These fees would be
eating into our profits or earnings.

Thanks

are you saying that there is no fees to fund via eNets? what's the exchange rates? sometimes they don't charge fees but earn from exchange rates.

Hi,

There is no fees shown in the transaction records.
What I transfer over to ladbrokes is in sing$, so no
exchange rates involve.

Thanks

that's cool let us know if there is any fee when you withdraw

What chinbiz has done is that he funded his LadBrokes account directly using eNets, and according to LadBrokes there is no fee involved. However, LadBrokes is the only bookmarkers I came across so far that accept eNets as a deposit option.

For me, I funded my MoneyBooker accounts using eNets (1.5% fee) and then from MoneyBooker deposited into each of my bookmakers (none of them accept eNets as a deposit option). Take note that for some bookmakers, there will give you instruction on how to fund into their account by sending a spent from MoneyBooker. This will incurred a 1% charge. For other bookmarkers, they have deposit link which re-direct to the MoneyBooker site. This way, no extra fee is charged.

wan to sell Moneybooker currency... if wan to buy, pls PM me... All e charge i will take...
e rate is @ 1.64... deal by internet bank transfer...

salted_veg explain very well for
how i fund ladbrokes.