Canadians- losing Citadel and Neteller - Page 3

monkeyman · #21 03-30-2007, 02:41 PM

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I'm fairly certain that the US DoJ has laid down the gauntlet telling the online payment processors to pull out of Canada as well in exchange for some leniency. Why the US can dictate how a foreign company operates in a foreign country is beyond me.

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I'm told, although I have never checked this out, that many Canadian banks are subsidiaries, or are associated with major American Banks. I know that certain non-US Gaming operators accidentally banned a number of Canadian BIN numbers that appeared to be american credit cards.

If so, I think this is much more likely NETeller wanting to have nothing whatsoever to do with gaming transactions in any way involving American Banks.

Anyone know much about the ownership of the major candian banks? Is there any basis for such speculation?

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the big canadian banks have assets in the us, they are not subsidiaries of us banks.

2218 · #22 03-30-2007, 03:54 PM

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Click2Pay. Anyone have experience with them?

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I'm Canadian and just got off the phone with them. They only send cheques, only in euros, and they take 1-2 weeks to arrive with a $5CDN service charge each time.
They seem legit enough, I wouldn't be worried about money disappearing.

Actually what's really on my mind now is; is neteller going to start freezing Canadians funds who try to withdraw before the April 9 ban? Any Canadians withdraw recently and have problems? Or is everything just fine? Canadians plz respond.

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I cashed out about 15k the day after the e-mail. The money made it in my account the next day as usual. In retrospect though, I think I'd feel safer going through a poker site.

2218 · #23 03-30-2007, 03:59 PM

And are you serious about Click2Pay only sending cheques? I asked my bank (TD) what their exchange rate was today. They said 1.112 (US to Can). Neteller is something like 1.135 and Party is up over 1.15. If you play for any significant amount of money, that exchange rate (plus the fact that it's Party) almost makes up for no rakeback.