WTF with Neteller?

[sean1]

http://www.schneier.com/blog/archives/2006/03/the_terrorist_t.html

This thing is baloney.

Some months I pay $20. Some months I pay $20,000. Never once has a check of mine been held by homeland security. Give me a break.

Sean

 

[wolfie_cr]

You are right its bologney and its bullshit too (what the guy is going through not that it actually happened because a friend of mine who got his card frozen by BOA when he was told a) he is buying too much photographic/video equiptment and b) you are paying your balances in full so your activity IS 'suspicious' and we will freeze your card for two months and please stop this 'suspicious activity'

In your case its that your activity is consider 'normal' and don't bother with you, its about what happens when your activity is NOT considered normal (by whoever) and then you get in trouble

The banking industry right now is in paranoid mode because if they don't file the 'suspicious activity' forms then big brother will blame them for whatever goes wrong, this is also why the banking industry is big time against the gaming bill, they don't want MORE reporting hassles

 

[sean1]

If it's BOA I will believe anything.

That bank is the biggest shit bank in the world.

My first run in with bank of America involved a time when they promised to not hold a US government check and a Bank of America bank check that I deposited with them. I had lost my wallet and only had a debit card. I was going on vacation and spoke to two managers because I knew how much they like to hold checks. They promised they would not hold these checks. Then they held them 10 days meaning I had to get Amex to fedex an amex card to me in Italy.

My other run ins with BOA have occurred when they have shut off my debit card at least 20 times for "suspicious purchases". They've always told me they thought someone else had my card, but maybe they are watching for "terrorists"

The last two turn offs before I closed my account and opened at Wachovia (Who happen to be wonderful - will even wire to neteller with a phone call once I filled out some form) included buying gas in 3 states that were in a row on a drive from OH to FL and shipping 7 fedex envelopes at once. Obviously most credit card thieves run to fedex to get a few free shipments out.

Sean

 

[WVU]

WVU - how many peer to peers was too many? Why did you keep sending the money through yourself when you could have just sent it from one account to another? Did Neteller pay you your cash?

Sean

I was doing deals with several people and distributing the profits mostly though my Neteller account. I did have other accounts do the same on occasion. There was about 15 people involved. They are all real people who I happen to do team deals with and have done so for several years. They knew exactly what was going on and that everything was legit. What they didn't like was that I seemed to be affecting the bottom line of the casinos and sportsbooks that I was doing business with. I explained that I was doing everything within the terms and conditions of their merchants.

After much discussion they decided that I was too big and they wanted to limit their liability by closing my account permanently. They tried to explain that they had to protect the interests of their merchants. I probably made Neteller more money over the years than half of their merchant accounts. None of the merchants ever had a problem with any accounts though. Neteller did send my balance to my bank quickly. Life goes on.

 

[bigbet1234]

WVU, did they close just your account, or all accounts associated with the transfers?

BB

 

[WVU]

just mine.

as I said, life goes on.

 

[Brock Landers]

just mine.

as I said, life goes on.

So if you need to move money to/from the books now, what is your primary method?

 

[bigbet1234]

Friend, brother, sister, neighbor.......

So if you need to move money to/from the books now, what is your primary method?

 

[TheCooler]

Has anyone ever had to send ID to Neteller?

 

[sean1]

After much discussion they decided that I was too big and they wanted to limit their liability by closing my account permanently. They tried to explain that they had to protect the interests of their merchants. I probably made Neteller more money over the years than half of their merchant accounts. None of the merchants ever had a problem with any accounts though. Neteller did send my balance to my bank quickly. Life goes on.


Did you explain to them that they could close your account and you would magically come up with 5 more?

Sean

 

[WVU]

I was irate with them at the time and still had a huge balance that I didn't wan't to see disappear so I was a bit at their mercy. There was a girl in security who tried to go to bat for me, but was overruled. She ended up being the one who personally took care of returning my balance to my bank account.

 

[wolfie_cr]

I had the same issue with peer to peer transfers, I have had my account since 1999 and I was the one that originally convinced my boss to use neteller (back then we were merchant id :98, now they are somewhere in the neighborhood of 1800 or perhaps higher)

They didn't like that I used my credit card to fund my accoutn (only way I could since I am not in a country where I can do ACH/EFT) to send money to my wife's son

They claimed I was 'trying to get a cash advance' which I was not , a cash advance was if I wanted to get the $ sent back to me and then withdraw using the ATM card for example

btw: I obviously agree that neteller is a great company, great for the industry, great for the customer etc but they have grown so much that dealing with them is like dealing with BOA, 'you are just one more...........of our 2 million customers........and if you don't like our rules......'

What I find ironic is that the incident happened exactly when they started to 'diversify' neteller and promote it more as a 'payment company' instead of just a 'gaming only' outfit

Oh well, lost profits to them because I now just use moneygram (I was even getting my wages PAID to my neteller account , you can imagine I was being a profitable customer)

 

[RockFever]

They track IP addresses

 

[Brock Landers]

They track IP addresses

whats the purpose?

 

[WVU]

fuck neteller.

they don't like my business. I was told they don't like the amount of peer to peer transfers in my history and I was hurting their merchants.

fuck neteller

Cry me a river now Neteller. I hate you. I always hated you.
:bigfinger

 

[bigbet1234]

WVU, you have a large pending withdrawal via neteller too?

Cry me a river now Neteller. I hate you. I always hated you.
:bigfinger

 

[WVU]

all together I have almost 70k in pending cashouts.

 

[sean1]

Use dialin accounts. Neteller does NOT like proxies.

Sean

 

[Scooter1]

WVU, I've sent you an email. Please contact me.

 

[zone136]

I logged into be neteller account from Costa Rica for 2 years and then one day they blocked my account. I call them up and they say we blocked your account because you are logging into the account from outside the USA and we find that suspect.

I could help but be sarcastic with them.