Re: Neteller Update...
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sniper could you comment on why cashiers checks couldn't be used? surely there is a bank somewhere in europe will to print alot of cashiers checks.
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Their bank may not be able to handle a massive 200 million+ (could be much higher) withdrawal (on top of regular business) in 1 day (or 1 week, or 1 month).
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but this is the definition of solvency. neteller should be able to pay their debts with cash or have their money tied up in investments so safe they are able to instantly get a credit line against it.
what if pokerstars had huge deposit bonus last month and 90% of money was trying to leave neteller? would you expect to have to wait 6-8 weeks for your money? a company that deals entirely in the transit of money should have alot higher % of cash on hand than a bank
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