Neteller up. New Terms of Service

[dibbs]

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Just talked to neteller VIP services.

he was actually quite informed on all of this.

He explained that the new wording was drafted before all this and is not based on the new law.

He said that the new wording is to allow them to freeze the funds/accounts of suspected illegal actions like money-launderers and such.

He also reminded me that neteller is a publicly traded company on the London Stock Exchange and all funds are kept in Trust accounts.

He also sent me this link:
http://content.neteller.com/content/...nessupdate.htm

We're not going to have any problem with neteller.

-Scott

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I do find it interesting/a bit troubling though that posters here from Europe have not had this thing pop up(I think one Australian said it popped up), making me question if he was telling the truth about it not being based on the new law.

I trust Neteller personally, but am still cautious about this thing for some reason.