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Can One Use Neteller Naira Account To Make A Purchase In Dollars? - Business - Nairaland

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Can One Use Neteller Naira Account To Make A Purchase In Dollars? by TLisieux: 8:46pm On Feb 18, 2017
Please has anyone who has a neteller Naira account been able to buy anything online in USD using his Naira neteller account?
Re: Can One Use Neteller Naira Account To Make A Purchase In Dollars? by arbitrage: 11:29pm On Feb 18, 2017
Additionally, is such neteller account balance displayed in naira or usd? Are you also able to fund such neteller from a naira account or naira card source?
Re: Can One Use Neteller Naira Account To Make A Purchase In Dollars? by TLisieux: 1:04pm On Feb 19, 2017
Neteller''s reply from my enquiry.
"Please be advised that currency conversions will be done automatically based on the current Exchange Rates wherever appropriate. However, please, bear in mind that transactions involving currency conversions will be subject to a 3.99% Foreign Exchange (FX) Fee.

If you open an account in Naira (NGN) then this will be the currency displayed on your account. All payments done in Naira will be processed in the same currency and no extra charge will be applied. On the other hand, if you have an account in NGN and make a payment in USD for example, we will automatically convert the funds as appropriate but this will incur an FX Fee. ^GM
Re: Can One Use Neteller Naira Account To Make A Purchase In Dollars? by TLisieux: 1:40pm On Feb 19, 2017
I just registered in Naira now but cannot deposit more than 100 usd worth of Naira (about 32k) via gtb or access debit cards. The only other deposit option is via swift transfer.
This a major drawback of using neteller in naira.
Have written to their support and I hope they find a solution soon.

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