I'm using neteller in 1-2k chunks. When I get the ATM card (International one still works) I'll move money out in 1-2k chunks to the ATM card to withdraw.
Otherwise I'm just using NT to clear excess Neteller deposits at places like Betfair, WillHill so that I can use another service until the Neteller situation is settled, one way or another.
There is FSA insurance upto £1000 ($2000) for European customers on Neteller, so anything below $2k I'm fairly happy with.
Otherwise I'm just using NT to clear excess Neteller deposits at places like Betfair, WillHill so that I can use another service until the Neteller situation is settled, one way or another.
There is FSA insurance upto £1000 ($2000) for European customers on Neteller, so anything below $2k I'm fairly happy with.
Anti-liberal said:
With Neteller now holding all US customer monies and not allowing
them to WD or even do peer to peer transfers, i feel that they are
getting scary for non US customers. And that, being outside of the
USA, my monies are probably safer in some big books {e.g. Olympic}.
Especially those that are not servicing US clients {e.g. Pinnacle},
moreso those that were less dependent on the US market {e.g.
bet365}, and perhaps even more those that were never taking US
clients {e.g. BetFair}.
Some books require funds deposited from Neteller to return back to
Neteller. But in light of the present condition of Neteller refusing to
pay US residents i wonder if they would allow alternate methods of
taking a payout. BTW, it should be noted that this week SS has
recieved a check in the mail from Neteller, in USD, requested on
Tuesday and recieved Thurdsday.
A concern i have about books still servicing US customers is how
many have they lost and will continue to lose in the upcoming
weeks, and if their business is almost entirely US dependent, will
they go under or still pay if they are able to. Also how much do
they stand to lose if Neteller has confiscated or will confiscate
their balances in Neteller?
SportSavant said:
My last EFT arrived in my bank account on Tuesday.
Since then, my account has been closed and I have quite a bit in pending withdrawals. Security tells me they are being overrun with Americans opening accounts (Bank and NETeller) in Canada who then P2P between accounts... they are verifying the residency of Canadians now. My ATM card still works.
I don't know what to think anymore. Looking to hear from a non-American who has had to go thru this, and had their account re-opened.
Santo said:
Santo, do you know when they exited the US market?
Why do you feel they are safer than Neteller?
I assume, unlike Neteller {who are slowpaying/stiffing USers?} they are
paying/have paid their USA customers.
And i suppose MB have a much higher % of non US accounts, so were
not hit so hard by their loss.
Does MB deal mainly with gambling sites like Neteller? I see that Olympic,
bet365 and Pinnacle allow MB transfers.
They left the US Market in November I think, within a couple of days of the legislation passing anyway, and yes they paid people off.
MB do gambling sites, but also have a list of european merchants -- CD's, DVD's etc.. CDWOW is one such site, but there are more. Many PC equipment, other tech sites in mainland europe, not so much the UK.
Why safer? No US Custom for many months, europe isn't shutting down gambling, license to print money like NT in fees, but with no major risk of a massive run on the bank, and no legislation problems in processing bank wires etc.
MB do gambling sites, but also have a list of european merchants -- CD's, DVD's etc.. CDWOW is one such site, but there are more. Many PC equipment, other tech sites in mainland europe, not so much the UK.
Why safer? No US Custom for many months, europe isn't shutting down gambling, license to print money like NT in fees, but with no major risk of a massive run on the bank, and no legislation problems in processing bank wires etc.
