Neteller problem

[DellDude]

These are the changes I would like to see at NETeller.

*Allow insta cash EFT's to be sent directly to ALL books and casinos.

*Remove all restrictions on pending EFT's meaning someone like me could make an insta cash EFT and either transfer or withdraw it at any time or by any method.

*Remove the requirement to refund back all previous credit/debit card deposits before choosing another method for withdrawal.

*Stop requiring books to force their customers to receive payouts from NETeller up to the total amount deposited that way before selecting another method.

*Link the NETeller debit card with the NETeller account so you don't have to transfer back and forth.

***Reinstate fully my EFT privileges and increase my weekly limit to ten dimes.

That's it. These five things are what they need to do to reach PayPal status.

 

[RobFunk]

just curious in the neteller example and assuming the only funds you have are the "suicide eft" and the "money from the chiefs win". . . .

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>I win. Now I want to put the $2396 back into my checking account which includes the 8.9% fee. Instead of just requesting a $2396 NETeller withdrawal from Olympic, I am going to have to take out the whole thing and even if it is a free transfer, I'm still only going to be allowed an $1804 EFT deposit to my bank ($4200-$2396).

But then I will be able to transfer my remaining balance back to Olympic or another book, and to be able to take out the remaining $592 I need I'm still going to have to withdraw at least $2988. <HR></BLOCKQUOTE>

i dont understand. if you can only deposit $1804 to the bank, how does the 2396 get covered if it has to stay in neteller? and what does 592 and 2988 have to do with anything?!

 

[DellDude]

This is how it is. If I make a $2200 instant EFT deposit to NETeller, $2396 becomes restricted from any type of withdrawal until the EFT clears.

So my withdrawal limit is my NETeller balance MINUS $2396. If I made previous instant EFT's that haven't cleared yet, my withdrawal limit will be my NT balance MINUS $2396 - (any additional EFT's plus charge).

That's why in order to cancel out the $2396 I will need to actually transfer back to NETeller $4792.

If I am under $4792 but above $2396 and want to at least pay it down, I'm going to have to transfer my entire sportsbook balance not just the amount I want then afterwards transfer back my NETeller balance to the same or different sportsbook.

The only reason my two NETeller EFT's bounced last month was everything went against me. My regular PayPal EFT $1000 deposit took a full week to clear, I was temporarily suspended from instant ACH priveleges due to me closing out a duplicate account (the one I could do instant ACH's), receiving my 1on1 ECP withdrawal one day late and a debit deposit posting one day early.

Pissed me off because the next day everything became accessable but it was too late, and now I'm playing "hurt" until I can get my NETeller instant EFT privileges back.

 

[RobFunk]

lets say im a winner and i complet everything in 4 hrs in non business hrs. cant i call n tell and tell them to cancel the EFT and take it back out of the n. tell acct.?!?!?

 

[fathead]

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Dell Dude:
Yesterday I transferred $174 to my debit card which had a zero starting balance. They charged me $2 so $172 became my debit card balance. I took out $170 via a no-fees ATM machine. My current debit card balance is zero.

That speaks for itself. That was a $2 ATM fee, not $1.50. That is also ridiculous. It cost me $4 total just to take $170 out. And that's not even counting the $20 fee Carib passed on to me for transferring $200 there. It actually cost me $24 alltogether. That's 12%! That's BULLSHIT! With PPATM, I only would have paid $1.50 from start to finish...<HR></BLOCKQUOTE>

I have never had that rounding problem. If you will log in at http://www.fsvpaymentsystems.com/ you can pull up your record and see exactly what your balance is and what happened on that transaction.

 

[DellDude]

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by RobFunk:
lets say im a winner and i complet everything in 4 hrs in non business hrs. cant i call n tell and tell them to cancel the EFT and take it back out of the n. tell acct.?!?!?<HR></BLOCKQUOTE>

You can't cancel it. You already got your money. They already charged you 8.9%. And even though it wouldn't matter, you already used it. That would be basically scamming NETeller because you would defraud them out of their fee. I would never even contemplate such a devious thing.

 

[RobFunk]

no dell dude. . .lets say the original ammount ($2396) is sitting back in neteller (right after the game. lol) . cant you just call them and say cancel the EFT? that isnt fraud. they have pendings that may be canceled for the other EFT's.

 

[DellDude]

I'll tell you what Funk. Next time I make and win a genocide straight putt, I'll try it and see what they say.

 

[RobFunk]

i think if you cancelled it before the start of the next business day you'd be ok as long as you could cover said withdrawl +8.9. . .just my guess. the pending sits there on a deposit for a reason.

 

[DellDude]

You should call 'em up and ask them yourself. Just say you are thinking about kiting a $2500 insta cash EFT and betting it all on one game. If you win, you would like to know if you could just transfer the money plus fees back and have them cancel the EFT while deducting the funds from your balance.

If you lose, just say you'll pay 'em back on a monthly installment plan.

 

[lanidar]

DellDude,
I contacted Neteller and asked Security what you post meant. Please remember that I am VERY new to forums and I needed a short and to the point answer that I could understand.
This is the exact reply I received from them.

He is referring to Instacash. Clients are unable to withdraw the amount of Uncleared deposits. Instacash is money we are giving clients without verifying that the funds are even in the account.

We would look silly if a client did 3000 in Instacash, pulled 5000 from a book, withdrew it and 2 days later the 3000 comes back NSF.

I hope this helps.

 

[theswami]

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by lanidar:
DellDude,
I contacted Neteller and asked Security what you post meant. Please remember that I am VERY new to forums and I needed a short and to the point answer that I could understand.
This is the exact reply I received from them.

_He is referring to Instacash. Clients are unable to withdraw the amount of Uncleared deposits. Instacash is money we are giving clients without verifying that the funds are even in the account.

We would look silly if a client did 3000 in Instacash, pulled 5000 from a book, withdrew it and 2 days later the 3000 comes back NSF.

I hope this helps.
_<HR></BLOCKQUOTE>

If this is true this is a pretty funny post.

 

[lanidar]

theswami

This is the email address of The Chief of Security and Compliance.

Colin@Neteller.com

I'm sure Colin will answer any questions you may have.

 

[theswami]

I'm not sure who's funnier....

you, your serious attitude, and the fact that you sent NETeller an email about some garbage posted on a gambling forum

OR

delldude and the fact that he has a system for basically gambling without depositing funds

 

[lanidar]

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by theswami:
I'm not sure who's funnier....

you, your serious attitude, and the fact that you sent NETeller an email about some garbage posted on a gambling forum

OR

delldude and the fact that he has a system for basically gambling without depositing funds<HR></BLOCKQUOTE>

You know what...On one hand I'm trying to lend a helping hand and on the other hand i'm trying to learn.
NOW...whats so funny about that!

 

[RobFunk]

this thread quietly got interesting

 

[DellDude]

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by lanidar:
DellDude,
I contacted Neteller and asked Security what you post meant. Please remember that I am VERY new to forums and I needed a short and to the point answer that I could understand.
This is the exact reply I received from them.

_He is referring to Instacash. Clients are unable to withdraw the amount of Uncleared deposits. Instacash is money we are giving clients without verifying that the funds are even in the account.

We would look silly if a client did 3000 in Instacash, pulled 5000 from a book, withdrew it and 2 days later the 3000 comes back NSF.

I hope this helps.
_<HR></BLOCKQUOTE>

Me and Colin are going to have to talk about this. You can't get a little bit pregnant. Once you make the decision to allow instant access to EFT's without verifying whether the funds are there, it makes no difference whether you restrict withdrawals.

If it's a DOA EFT and I send it to a book and lose it, it's gonna bounce. The money is gone and it ain't coming back unless the book refunds NETeller the full EFT amount.

Now if I win and send the money back to NETeller, but it's still not enough to absorb the restricted amount and put the EFT back in my checking account, it bounces and that's not good for anybody since I had the money to cover it but they wouldn't let me put it back.

And if I was a scammer, I could take a free shot with a parlay and if I win I would withdraw the entire amount above whatever is restricted then close my checking account or put a stop payment or whatever so I would get my money before the shit hit the fan. I wouldn't do this by the way. I'm just giving an example.

So basically all these restriction are for nothing. They don't accomplish anything except make it harder to cover overdraft EFT's. Pre Paid ATM is totally opposite. No restrictions whatsoever. I've never had an ACH bounce. Never! That's why. Rossy the Bossy gives me room to work my suicide magic.

 

[lanidar]

Dell Dude:

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR> Me and Colin are going to have to talk about this.
<HR></BLOCKQUOTE>
Great...You will find Colin extremely knowledgeable.

I have no doubt that Colin will answer any and all your questions.

Its a free call..1-888-258-5859

 

[DellDude]

Are you fukking crazy? I was only kidding. I wouldn't talk to Colin unless I was granted immunity.

 

[RobFunk]

lanidar, you need help.