Like, someone with at least 50 posts or known on board to be reliable, so no light posting prankster can skew the info.
My feeling is that it has not happened.
The Rx is, as I understand, the largest site for offshore bettors. And so, if not even ONE person can report affirmatively, red flags are flying high.
Becuase Neteller has stated they are in fact processing the requests, but are falling behind due to demand.
But if not one reliable person can report a successful EFT or check reception in the past week it is a good bet that NT is lying. (IE, they are not processsing any wds to US customers)
And if so, WHY?
If it is a problem of finding a processor here to effect the wds, then why don't they say so? And how would that in any way affect the issuance and mailing out of checks?
Other scenarios come to mind. Paranoid perhaps, but with the offshore landscape being what it now is, paranoia is a commendable defensive mechanism.
(A) They need the money to defend their execs caught in the sting.
(B) The great majority of their biz was apparently US. and they are now reassessing whether they should remain open. If they opt to close, why not take customer money with them?
(C) They have, as has been suggested by some on this board, most of their money tied up in interest-bearing instruments. I don't know if this is true, but if so those instruments would have to be very short term, and probably completely liquid. NT is not a bank, they made their money by transferring funds. I never left money in NT for more than a week, at most.
(D)The US govt has made a secret agreement with them to hold off on paying of US customers. For what reason I couldn't speculate.
Others may have more logical scenarios.
But perhaps all this speculation can be dumped, and we will hear from regular rx posters that they have just received a check or EFT from Neteller.
My feeling is that it has not happened.
The Rx is, as I understand, the largest site for offshore bettors. And so, if not even ONE person can report affirmatively, red flags are flying high.
Becuase Neteller has stated they are in fact processing the requests, but are falling behind due to demand.
But if not one reliable person can report a successful EFT or check reception in the past week it is a good bet that NT is lying. (IE, they are not processsing any wds to US customers)
And if so, WHY?
If it is a problem of finding a processor here to effect the wds, then why don't they say so? And how would that in any way affect the issuance and mailing out of checks?
Other scenarios come to mind. Paranoid perhaps, but with the offshore landscape being what it now is, paranoia is a commendable defensive mechanism.
(A) They need the money to defend their execs caught in the sting.
(B) The great majority of their biz was apparently US. and they are now reassessing whether they should remain open. If they opt to close, why not take customer money with them?
(C) They have, as has been suggested by some on this board, most of their money tied up in interest-bearing instruments. I don't know if this is true, but if so those instruments would have to be very short term, and probably completely liquid. NT is not a bank, they made their money by transferring funds. I never left money in NT for more than a week, at most.
(D)The US govt has made a secret agreement with them to hold off on paying of US customers. For what reason I couldn't speculate.
Others may have more logical scenarios.
But perhaps all this speculation can be dumped, and we will hear from regular rx posters that they have just received a check or EFT from Neteller.