|
|
#11
01-18-2007, 07:50 PM
|
|||
|
|||
Re: Neteller conversation
[ QUOTE ]
[ QUOTE ] Not to start a panic, but don't think your money is a 100% safe if it is sitting in neteller. Even though they have a good reputation, and is publicly traded, they still can declare bankruptcy. IF this happens, your money may or may not be tied up. Worse case, you will have to file a claim proving you had money there. In no way am I saying this will happen, but it is definitely a possibility. [/ QUOTE ] Funds are in segregated accounts... Neteller made alot of money last year... they aren't about to declare bankruptcy... [/ QUOTE ] "NETELLER holds over 110% of in-transit funds in independent trust accounts for your protection" From their website. The fact that they use some of the customer funds for operating expenses is what puts money left in NT at risk. No way a likelyhood, but a possibility. A company that loses that large of a mkt share all at once has some SERIOUS issues. |
|
|
Threaded Mode