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-   -   Stopping Echecks (http://archives1.twoplustwo.com/showthread.php?t=261678)

MoreGentilythanU 11-16-2006 11:48 AM

Stopping Echecks
 
I currently use Echecks to deposit and cashout from Pokerstars.
It seems to me that this is the easiest form of electronic transfer for the US-government to stop: simply by telling US -banks not to accept Echecks from a list of sites.
Does anyone know why this hasn't happened yet, whether this is actually going to take place in the next month or so?

RoundGuy 11-16-2006 12:25 PM

Re: Stopping Echecks
 
[ QUOTE ]
It seems to me that this is the easiest form of electronic transfer for the US-government to stop: simply by telling US -banks not to accept Echecks from a list of sites.


[/ QUOTE ]

And how would they do that? By site name? ISP address? Bank account number?

Seems to me it wouldn't be too tough to set up work-arounds for this. But then, I ain't no banker....

U2ForNow 11-16-2006 06:44 PM

Re: Stopping Echecks
 
Ask again at the end of the 270 day period.

StellarWind 11-17-2006 05:10 AM

Re: Stopping Echecks
 
[ QUOTE ]
It seems to me that this is the easiest form of electronic transfer for the US-government to stop: simply by telling US -banks not to accept Echecks from a list of sites

[/ QUOTE ]
The Government can't "tell" banks to do stuff under the UIGEA. They have to follow the process and write an actual banking regulation.

I seriously doubt the regulations will be issued piecemeal. The whole package will come out at once.


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