[MicroBob]

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But Neteller IS an overseas bank account. Can somebody explain why it is going to be illegal to deposit with Neteller?

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It won't be illegal to deposit to neteller, as i understand. what will be illegal is to transfer between neteller and your US bank account.

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How? Neteller has "authentic" (i.e. non-poker related uses). How is transfering from/to my bank account to/from Neteller going to be illegal any more than some Swiss bank account?

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The problem with that is that the fish won't bother doing it. The games will quickly dry up. You'll be playing only against other professionals.

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I'm not too worried about this, but then again, I'm a SSNL player right now. There will be both losing AND winning players that stop playing, just more losing than winning. But the thing is, this doesn't affect the world, it only affects the U.S., and there are still plenty of fish in other countries. Yes, the games will certainly be tougher, but I don't think they will be nearly as much as you imply.

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It doesn't matter that neteller has 'authentic' uses also.
What matters is that neteller DOES PROVIDE transactions to online-gambling places.
Therefore it is one of the money-transfer options that is not considered acceptable.

That's my interpretation of it anyway.

Now, whether the banks and U.S. govt can actually do anything to stop transactions from neteller remains to be seen.
Also what remains to be seen is whether neteller will voluntarily cut-off U.S. customers like they did with Maryland customers.

To my mind, they hopefully take a mindset that they don't have anything to lose anyway by continuing to accept U.S. customers even if the govt doesn't want them to.

One issue though is that they will look like more of a rogue business that is voluntarily breaking the law of this country. That wouldn't look good to their stock-holders.


So a lot of this is kind of up to neteller and what they want to do about it.
If they continue to accept U.S. customers then it should be pretty easy to make whatever transactions you want I suspect.