An Update
No email response yet from Neteller so I called them again this morning.
Was told by a customer service rep that someone "higher up" in the company will respond to my email, but it will take up to 72 hours for that response to come. Again, I think this silence speaks volumes.
Was also told by the rep that there is "buzz" going around the office, but no one has made an official statement yet. I tried to get transferred to a supervisor or managment, but she just kept giving me the runaround.
Symbolic of how everyone is handling this was how she responded to my concerns. First she tells me they are located in Canada and operate internationally and this won't affect them.
I tell her that I am sure they do plenty of US business, and it will have some affect on them. Then I proceed to go into the language of the bill and explain that they are a "banking instrument" and if the feds want to bounce them, they won't be doing any business in the US.
She proceeds to tell me they are not a "bank" and this probably isn't going to affect them. She said they are only a money transfer operation that helps people transfer money around the world, blah, blah, blah.
In other words, she confirmed that they are a "banking instrument." I never said they were a bank.
So the beat goes on and we wait another day. I also received some clarification from Pinnacle and they said they would allow other withdrawal methods if Neteller ceases to function with US bank accounts.
The email also said there is always the option of a bank wire. That to me, though, shows how asleep at the switch everyone is about this legislation. A bank wire is a banking instrument and it just won't fly if the government feels the need to put the clamp down.
I wonder if our elected officials have any idea how many millions of their citizens' money is sitting offshore right now. Probably not. If they did, I think they may think twice about passing this legislation.
I want to make it clear I am not calling out the three books I've dealt with on the issue: Pinnacle, Olympic and CRIS. I feel all three will do right by their customers. They've also paid me promptly, they've always dealt with me very fairly and I've never had any problems with any of them.
But I feel they aren't taking this seriously. If anyone has any other news, please share.