Re: Why get regulated as if you were a Bank, Absolute ???
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WHY attract regulatory attention by becoming a Bank ??
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I don't think they need to be regulated like a bank - which is worrying in itself.
Paying interest also suggests they are using your money for somehting that nets them more than the interest they are offering.
Zimbabwe sub-prime mortgages?
I think Neteller is moderately safer. At least they're regulated by the FSA.
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