Neteller has updated their website for US members, and states that "we expect to be in a position to announce the distribution plan within the next 75 days." Read the updated FAQ here: http://content.neteller.com/content/en/member_businessupdate.htm and the press release here: http://www.neteller-group.com/press/en/126.htm
An MSNBC article says that $55 million in Neteller US balances is currently frozen. http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=FT&Date=20070321&ID=6646365
Doomsday scenario? I have read somewhere that there is a rumour going around that in order to settle with Neteller, DOJ would like transaction records from Neteller which may then be turned over to the IRS for follow-up. Big Poker winners who did not declare their winnings better start shaking in their boots. What a mess ! Hope that Neteller does not cave in.:flame: :flame: :flame:
Neteller Update Canada accounts Neteller has now announced they will no longer process transfers related to online gaming sites on behalf of Canada or Turkey resident customers. Further info can be found at the Neteller site listed in Kens post of March 21st. (Neteller updates)
That sucks soooooo much... ...well Neteller says Canadians have until April 9th to enjoy their gaming site. After that I can only transfer funds to relatives and friends. Now my next question...How does Bet21 handle the funding of their accounts right now ...and the withdrawals. By check, probably, but how long does it take both ways
I got a check recently from Bet21 via FedEx. It took only two or three days to be processed and arrive. At that time, anything over $2000 was automatically sent by courier. However, that appears to have changed now. Ultimate Bet and Bet21 recently merged with Absolute Poker, and the first visible part of that change is a new withdrawal screen and process that now looks just like AP's. I withdrew $2000 a few days ago, and the only option was check by regular mail. I expect it will take a week or more to arrive. However, the process then and now went quite smoothly for me.
