Keep Lower Balances in Neteller Now

[jjgold]

I advise never having more than $2000 in there at once due to new legislation.

[nyplayer33]

is this a joke?? why??

[jjgold]

No Joke

Who knows what will come of the new banking laws, they could freeze our money. Lets be cautious.

[Don Dollars]

I would think that your money would still be safe. There may become the possibility of not being able to transer this money into sportsbooks, but I would always think that your money can be safely returned to you.

[InSpades]

I believe they can send you a check. Don't they have a withdrawal card?

IS

[tennis28]

That's absurd JJ. As noted in their statement, they keep all cash on hand in a trust account. Sure they may cease to serve the US market or be unable to process EFT's into your bank acct., but they will always to be able to send a check. And they are extremely profitable (stock up 300% since IPO).
Neteller is safer than any sportsbook on the planet.

[Seattle Slew]

I also think they are very safe. Even if they are banned from working with US banks, you'd still be able to request a check and just have to eat the fees.

The problem in the future, I think, is getting money INTO neteller if the legislation limits them.

That's absurd JJ. As noted in their statement, they keep all cash on hand in a trust account. Sure they may cease to serve the US market or be unable to process EFT's into your bank acct., but they will always to be able to send a check. And they are extremely profitable (stock up 300% since IPO).
Neteller is safer than any sportsbook on the planet.

[ourbet]

Don't they have a withdrawal card?

Yes they do IS. You're allowed to transfer $1,000 per day to your Neteller ATM card for withdrawal. I believe processing time is usually about 2-hours.

[pags11]

I agree with don dollars here...