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Originally Posted by freydaddy
It was my understanding that neteller had 270 days from the time the law took effect to make the necessary changes to comply with the law. They still had time left, so in my opinion everyone in the USA is justifed in being pissed at neteller, they gave no warning to people to get their money out, before they shut off the card. I took out the max allowed on thursday, and today i come back to take out the remaining money in my account and i cant, their are no emails from them in my box warning me to take the money out b/c the neteller card wont work after a certain day.
And what is that suppost to mean? We are losing the war because our goverment doesnt care what we think or what we want!
I say screw neteller, reguardless of the law, they as a reputable business should have gave people the opportunity to get their money out.
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Well you have a complete misunderstanding of what is going on with Neteller then.
Neteller had no warning of what was going to happen, almost immediately after the arrests of their founders a NACHA bulletin went out to all ACH processors warning not to process transactions to gambling related sites, it was then when US financial institutions started voluntarily blocking Neteller.
The only payment method Neteller voluntarily stopped processing was InstaCash. EFTs for US members were blocked by their US-based 3rd party processors, not by Neteller. As well, the ATMs are being blocked because they are issued by a US bank.
The bottom line is No US based banks or financial instituitons will process any transaction relating to Neteller.
It is not Neteller's fault. You should probably try understand a situation like this before commenting on it.
And yes...we are losing the online poker war because people like you misdirect your anger. You should be be blaming the US gov. for this not Neteller.