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Old 05-22-2007, 07:36 PM
llleisure llleisure is offline
Senior Member
 
Join Date: Nov 2006
Posts: 319
Default Re: The concern is very simple, if Neteller had had the same provision,

I just logged on to EPassporte - hadn't in a while - and got the new T&C when I log on, no choice but accept or decline. I guess I'll accept.

Here is the entire section the OP quoted - he left out the bit that sounds the worst to me. The fact that if they block your account for reasons #1 or #2 you immediately forfeit all funds in said account.

[ QUOTE ]
B. We reserve the right at Our sole discretion to block access to or to close Your Account if: (i) You load funds onto Your Account from any source that You do not have the legal right from which to transfer funds; (ii) You violate these Terms and Conditions; or (iii) We are so directed by the order of a court of competent jurisdiction. Should We close or block access to Your Account for the reason identified in VIII.B.i and/or XIII.B.ii, You immediately forfeit the remaining funds in Your Account.

[/ QUOTE ]

WTF? Doesn't bother me personally as I don't use them but any time you're using a financial entity whose policies include at least two cases where they can just tell you they're keeping YOUR MONEY that seems basically wrong. So glad our wonderful govt protects us from this kind of thing.
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