In the meantime, you can keep using NETELLER as usual. The refund will be in your NETELLER account in 10 days. USD 96.75 plus applicable interest will be credited to your account. This will put you in the position you would have been in if our exchange rates had been set in the way previously described in our terms and conditions. ![]() We have also added 8% per annum simple interest to the amount of the currency exchange transaction being refunded from the date of each transaction. To put things right, we have arranged for 0.5% of all relevant currency exchange transactions to be refunded to you. We have now updated our terms and conditions to confirm how our exchange rates are set. The terms and conditions referred to the Reuters rate as the rate we were using for currency conversions and we were instead using a reference exchange rate set by us. ![]() Our terms and conditions for NETELLER were not clear enough in explaining how we set our exchange rate so you paid more than you should have done. Click to expand.This is what the email said
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