Neteller is out of US gaming... Can't send or Recieve Payments Using Neteller

[dirty]

This is Straight from the Neteller website



US member update

Effective Immediately
Due to recent US legislative changes and events, effective immediately, US members are no longer able to transfer funds to or from any online gambling sites.
All US members will continue to be able to use their NETELLER e-wallet account to safely transfer funds to and from non-gambling merchants and are not required to close their account or withdraw their funds.
Please note that we are experiencing higher than normal support volumes and recommend that you read the FAQs for more information.

NETELLER Member FAQs


Why is NETELLER no longer allowing US members to make fund transfers with online gambling sites?How do I know if I am a US member?
Why can?t I access my instaCASH funds in my NETELLER account?
Will I be able to use instaCASH again?
Can I still use my NETELLER account?
Does this change affect withdrawals with NETELLER?
What?s the quickest and most convenient way to withdraw funds from my NETELLER account?
Is my money safe in my NETELLER account?
Am I required to withdraw my money from NETELLER?
Does this change affect non-US members?
How can US members find out about changes to their NETELLER services?
I am a US resident. Can I still become a NETELLER member?
Why were the founders of your company arrested?
Why was NETELLER stock suspended from trading?
Who can I contact for assistance?

Why is NETELLER no longer allowing US members to make fund transfers with online gambling sites?
The US government has recently introduced new legislation in the form of the Unlawful Internet Gambling Enforcement Act. To best protect the interests of NETELLER members, employees, shareholders and business partners, NETELLER will no longer provide service to US members to transfer funds to and from online gambling merchants. Read the press release.

How do I know if I am a US member?
If your registered address with NETELLER is a US address, you are considered a US member and all of the changes indicated here and in your notification email apply to you.

Why can?t I access my instaCASH funds in my NETELLER account?
NETELLER has made a policy and technical change that has disabled instaCASH for US members.

Will I be able to use instaCASH again?
No decisions have been made regarding the future availability of this product.

Can I still use my NETELLER account?
Yes. All US members and non-US members will continue to be able to use their NETELLER e-wallet account for safe online transfers to and from non-gambling merchants, secure peer-to-peer transfers and NETELLER Card withdrawals at ATMs around the world.

Does this change affect withdrawals with NETELLER?
US members who currently have funds in their e-wallet account may keep their funds safe in their account or are free to make withdrawals at any time they choose with a NETELLER Card. US members are not required to withdraw their funds from their NETELLER account.

What?s the quickest and most convenient way to withdraw funds from my NETELLER account?
The NETELLER Card is the quickest and most convenient withdrawal option. When you transfer funds from your NETELLER e-wallet account to your NETELLER Card, you can withdraw those funds from any ATM cash machine on the Cirrus/Maestro network and Pulse Star network, depending on your country of residence. You will have to pay a nominal fee for NETELLER Card withdrawals, but your funds will be available from 15 minutes to an hour after they are transferred to your card. Learn more.

Is my money safe in my NETELLER account?
Yes, your money is safe with NETELLER. All members can hold their funds safely in their NETELLER accounts until such time as they decide to move the funds. The changes in gambling merchant transfers do not affect the ability of US member to maintain funds in their NETELER e-wallet accounts.
NETELLER protects all members? funds (all deposited, in-transit and un-cleared funds) by holding the value in independent trust accounts. As the largest independent online money transfer business in the world, we maintain our head office in Europe and are a publicly quoted company on the AIM market of the London Stock Exchange. NETELLER UK Ltd is authorised and regulated by the Financial Services Authority.

Am I required to withdraw my money from NETELLER?
No, there is no requirement for US members to withdraw their funds from their e-wallet accounts. US members will still be able to use their NETELLER e-wallet accounts for safe online transactions to non-gambling merchants, secure peer-to-peer transfers and instant payouts with the NETELLER Card.

Does this change affect non-US members?
No, NETELLER customers with registered addresses outside of the US will not be affected by these changes. The company will continue to operate its non-US business as normal, maintaining all existing products, services, customer and merchant support across all the other countries it currently serves.

How can US members find out about changes to their NETELLER services?
NETELLER will continue to notify you of any pertinent changes to your service. All members will continue to have access to this FAQ site for answers to the most commonly asked questions, but members can also register to receive all NETELLER press releases, by signing up for our e-news alert service.

I am a US resident. Can I still become a NETELLER member?
No. We have temporarily suspended the ability for US residents to create a NETELLER e-wallet account.

Why were the founders of your company arrested?
Although we can confirm that Steve Lawrence and John Lefebvre were detained separately while in the United States, we do not know the details surrounding the detention and cannot provide more clarification. We can confirm that both individuals are no longer employees or board members of NETELLER and have not been involved in the day-to-day running of the company for a number of years.

Why was NETELLER stock suspended from trading?
As a precautionary measure, we asked the London AIM Stock Market to temporarily suspend trading in our shares, effective January 16, 2007. We requested this action to help protect all shareholders from any negative impact the recent detentions might have until more facts are known. Once we understand the situation in greater detail, we will ask the AIM to allow our shares to trade again.

Who can I contact for assistance?
If your question has not been answered by this FAQ, or if you require further assistance, please contact NETELLER Customer Service at usmembers@neteller.com or by calling 1-888-258-5859, 24 hours a day, 7 days a week. Please note that at we are experiencing higher than normal support volumes.









NETELLER - Member News

 

[The General]

Re: Neteller is out of US gaming... Can't send or Recieve Payments Using Neteller

All US members will continue to be able to use their NETELLER e-wallet account to safely transfer funds to and from non-gambling merchants and are not required to close their account or withdraw their funds.

Well, I will still be able and send to the kid. (darn it though)

 

[The General]

Re: Neteller is out of US gaming... Can't send or Recieve Payments Using Neteller

So bookies create a legit business of selling tshirts and expensive ones. We can send to a store and buy a high dollar shirt?

 

[OscarB]

Re: Neteller is out of US gaming... Can't send or Recieve Payments Using Neteller

So bookies create a legit business of selling tshirts and expensive ones. We can send to a store and buy a high dollar shirt?

OK General, you send me $1000 and I'll send you a pretty blue & orange Auburn shirt. I'll take the $1000 to the cockfights Sat. night and put it all on the meanest looking rooster in the barn. If it wins, I'll send you another Auburn shirt, if it loses, you still have one Auburn shirt.

 

[hawkfan]

Re: Neteller is out of US gaming... Can't send or Recieve Payments Using Neteller

General, to take it one step further, could a sportsbook sell a t-shirt on ebay for $1000. You get the t-shirt and your money goes into your account. No need for another party to transfer your money. You could always sell the shirt back to them when you want to withdraw.

 

[sean1]

Re: Neteller is out of US gaming... Can't send or Recieve Payments Using Neteller

Sportsbooks could obviously sell expensive shit like jewelry, but neteller would catch on...

A new neteller will be here in under 90 days. You watch.

Sean

 

[madsiz]

Re: Neteller is out of US gaming... Can't send or Recieve Payments Using Neteller

i was able to transfer to VIP just an hour ago...

 

[IHaveBeenAround]

Re: Neteller is out of US gaming... Can't send or Recieve Payments Using Neteller

Cowards. They been aiding and abetting the wire act for 6 years now. They just figured that out and decided to be law abiding citizens? What is the odds on them stiffing everyone? They can't be more than -900 to pay everyone.

 

[guitarjosh]

Re: Neteller is out of US gaming... Can't send or Recieve Payments Using Neteller

Sportsbooks could obviously sell expensive shit like jewelry, but neteller would catch on...

A new neteller will be here in under 90 days. You watch.

Sean

I hope you're right Sean.

 

[frankjohnson]

Re: Neteller is out of US gaming... Can't send or Recieve Payments Using Neteller

Yea just remember dirty says they weren't busted. I don't know about that but they sure ain't in business. Just remember dirty says it was jfk behind it the whole time. Dumb and Dumber about to lose his job and he's still sucking bush's dick. Like i said, dumb and dumber.

 

[dirty]

Re: Neteller is out of US gaming... Can't send or Recieve Payments Using Neteller

Frank Please show me and Indictment That Charges Neteller with anything. ... ONe may be coming...but as of now, Only the Founders who have nothing to do with the company but owning 5% of stock each are indicted........ And the Wire act was brought on by the Kennedy's and that is the basis of all these charges, that and Rico....... Those are facts you can't dispute....

 

[dirty]

Re: Neteller is out of US gaming... Can't send or Recieve Payments Using Neteller

And another thing Frank... everyone Knew Neteller would leave the US market, they stated back in November they would. They just didn't know when.... I guess we now Know when don't we

 

[IHaveBeenAround]

Re: Neteller is out of US gaming... Can't send or Recieve Payments Using Neteller

New odds

Neteller to stiff +250
Neteller to Pay: -280

 

[munson15]

Re: Neteller is out of US gaming... Can't send or Recieve Payments Using Neteller

Pinnacle will make those odds -Neteller to stiff +254
Neteller to pay -270

 

[The General]

Re: Neteller is out of US gaming... Can't send or Recieve Payments Using Neteller

Welcome to EOG, munson.

Neteller has been preparing for this over 2? years with their announcing more of a branch into asia.

As for paying everyone, I don't know. I think so.

 

[munson15]

Re: Neteller is out of US gaming... Can't send or Recieve Payments Using Neteller

Thanks for the welcome General-I agree with you that they will pay us.

But my dilemma is how to get my money to the books where I want to play. I started out with credit cards (2002), got cut off everywhere a couple of years ago, and had been doing really well w/ Neteller. I've never paid a cent to move money, sportsbook.com I see can only take deposits by CC or wire transfer (WU?). Are most guys just sitting on the sidelines?

 

[The General]

Re: Neteller is out of US gaming... Can't send or Recieve Payments Using Neteller

Most all of us are just taking a wait n see approach. Undoubtably, many are trying to get funds to locations they fell are safe, wherever that may be.

 

[Reload]

Re: Neteller is out of US gaming... Can't send or Recieve Payments Using Neteller

Thanks for the welcome General-I agree with you that they will pay us.

But my dilemma is how to get my money to the books where I want to play. I started out with credit cards (2002), got cut off everywhere a couple of years ago, and had been doing really well w/ Neteller. I've never paid a cent to move money, sportsbook.com I see can only take deposits by CC or wire transfer (WU?). Are most guys just sitting on the sidelines?

Credit card deposits at sportsbook.com have worked well for me. It's the only sportsbook where my credit cards consistently work. When Western Union banned me last year, my options were pretty limited. Neteller was good but the Instacash limits sometimes were not high enough and thus credit card deposits were the way to go. You can also look into bankwire methods that involve giving them your bank account info and making deposits that way.

I refuse to sit on the sidelines. We've had everything thrown at us and I am sure we will all get through it.

 

[munson15]

Re: Neteller is out of US gaming... Can't send or Recieve Payments Using Neteller

General, I was doing so well before the Pinnacle drop, I felt like I could make money on any game that had live lines. Right before the Neteller thing happened, I made a big deposit at 5 dimes, which has been a secondary out for me the last couple of years.

I'm picking up a lot of skepticism in this forum re: 5 dimes. Their site mentioned live lines, reduced juice (only certain games) etc. If they had the drop downs on each line, I'd think they were copying Pinnacle.

Bottom line, this book represents my biggest exposure in this whole mess, are there EOG guys that have been hurt by 5 dimes, or is there just a bad rep in play? By the way, I think the 5 dimes props section is sometimes better than Pinnacle, many more up/down bets available.

For example, I was holding a 35-1 SB ticket on the Eagles going into the Div. round (free play, no less) somewhere else, and bet 16-1 that they wouldn't win XLI at 5 dimes. I was able to calmly watch NO tear up my Eagles ticket, and profit off the 5 dimes prop.

Sorry for the long post, but any advice re: 5 dimes would be appreciated.

 

[munson15]

Re: Neteller is out of US gaming... Can't send or Recieve Payments Using Neteller

Thanks for the reply and the encouraging words, Reload, you guys are the only source of info I have on this. Doesn't the credit card option depend on what bank it deals with? I was told that Bank of America will not do cc deposits at sportsbooks. That's what originally drove me to Neteller.

I never used instacash, just built up a pot large enough to have the $ sitting at Neteller, and transferred back and forth as needed. Will my local bank let me wire $ to sportsbooks, I wonder?