Will Neteller Pay?

[Mendacious]

I noticed the last thread on this appears to be locked, but I don't see why that is so. I am not trying to muck-rake, I have $3k in neteller that I want to see as badly as the next guy, but I am resigned to the fact that there is a good chance that this will never happen.

My reasoning:

I am assuming that Neteller is now being guided by counsel as to what to do to avoid any further legal exposure. If I were legal counsel to Neteller (and I am an attorney) I would conclude that there is a possibility that by transfering money (over the amount originally funded) to US customers that this may be construed as conspiracy to violate the wire act. If I were Neteller's counsel (and I am assuming based on their conduct at this point that Neteller is trying to comply with the US laws going forward) I would be soliciting the opinion of the DOJ on what to do with the money in US accounts, and trying to leverage this as a way to avoid any further prosecution.

I think there is a realistic possibility that the DOJ will determine who gets paid back what, and I would not be surprised if they seized the money in US accounts in excess of what was deposited by the account holders from banks/credit cards.

In some respect I hope this happens as it might spawn some interesting legal challenges.

[PLOlover]

[ QUOTE ]
I have $3k in neteller that I want to see as badly as the next guy

[/ QUOTE ]

I took out 3k this weekend via neteller card. If you email them and call I would think you might get it by Mon. if you are lucky. I mean if you don't already have a neteller card.

[Mendacious]

I have requested a card. The fact that the Cards are apparently still working is one of the only reassuring things I have seen, but it is not definitive to me.

[BankTheRake]

Hate to bust anyone's "card bubble" here.....

Had a friend that yesterday tried to use his Neteller card, and it came up "Contact your provider"

Anyone else have a similar issue, or a successful attempt? IN THE LAST 24 HOURS!

[xadrez]

[ QUOTE ]
Had a friend that yesterday tried to use his Neteller card, and it came up "Contact your provider"

[/ QUOTE ]

I had the same message a couple days ago. My card was inactive for some reason, I called Neteller, they reactivated it, I went back to the ATM and withrew money. I would suggest to your friend that he call them.

[ekdikeo]

I'd say it's probably just a matter of the fact that the system wasn't designed to handle zillions of failed transactions all at once.

Let me compare it to something online. Say, you have a simple forum system online, that has a couple of message boards on it. You want to move a bunch of posts from one board to another, because someone posted a bunch of off topic junk. But, you never installed a "move message" function, because everything was so small, you figured it'd be cake to handle it on a case-by-case basis, which was true, until you took a week off, and someone posted 500 messages in the wrong place.

Now, you either need to implement software to handle the task for you, or you need to go and edit the database manually to change 500 records.

[Nuschler]

I used LiveChat on Neteller's site, they canceled my EFT (which had been pending since 1/16/07), instantly is was back in my Neteller account, transferred it to Neteller Card, I just got cash from ATM with it an hour ago...no problems.

[Homer]

[ QUOTE ]
[ QUOTE ]
I have $3k in neteller that I want to see as badly as the next guy

[/ QUOTE ]

I took out 3k this weekend via neteller card. If you email them and call I would think you might get it by Mon. if you are lucky. I mean if you don't already have a neteller card.

[/ QUOTE ]

I doubt one could get a card that fast. I applied four days ago and still haven't received a decision regarding my application (note -- I don't see why I should have to apply anyway, just send me the damn card).

[LetsGambool]

Since they will still send you a Neteller Card and you can withdraw to your hearts content at $1K a day, the evidence pretty strongly points to the fact that Neteller will be giving you back your money. The issue appears to be finding a way to do so with the sudden disappearance of ACH processors. Frustrating, but I dont think your money at Neteller is in danger.

[LTRAiiN]

neteller card fees?

do they charge a fee for use of the card? can you take it washington mutual (i dont think they charge for a non-wamu atm card) and withdraw for free?

3k in all 20's would suck too...but there is worse problems to have.