Party Poker has set fees on payouts requested via certain banking methods without any prior notice. Since Party Poker has not released any official statement, the poker media has to rely on player reports.
Reportedly, Party Poker is charging payout fees equaling a flat fee plus a percentage on the amount players wish to withdraw. The extra fees are charged only for payouts requested through Skrill/Moneybookers and Neteller. Since most players request payouts through these two methods, a huge chunk of the Party Poker player population is bound to feel the pinch.
A number of Party Poker players have confirmed that Party Poker’s VIP customer care service has informed them that this is going to be a permanent change at the online poker room.
The flat fee charged depends on the currency used. Accordingly, the fee in US dollars is $4 and in Euros is €3. If players play in GBPs, they will have to pay a flat fee of £2.50. Besides, players report that Party Poker is charging a large 3 percent on the amount players wish to cash out through Neteller and Skrill. For instance, players who want to withdraw €1000 through Skrill or Neteller will have to pay a flat fee of €3 plus €30.
Party Poker’s purpose in imposing these fees is to encourage players to use other banking methods. Players who post on Two Plus Two say that they can withdraw their winnings through bank transfer without having to pay any fees. Players can also use a number of eWallets and credit or debit cards for withdrawals without having to pay any fees. On the downside, these methods are not available to players in some countries. Besides, some players may also have to pay currency fees in addition to the newly imposed payout fees.
News of Party Poker imposing fees on payouts though Skrill and Neteller began circulating at online poker forums early in August. Initially players believed that the new policy applied only to a few markets, such as Russia. But now it is quite clear that the policy applies to players from all over the world if they choose to withdraw through Skrill or Neteller.
Online poker players wonder if Party Poker will use the same policy in a regulated online poker market in the US. Online poker players in the US might not feel the pinch as they are already paying such fees at US friendly online poker rooms.