Posted Fri Jan 12, 2007 2:31 pm GMT by BigSlick34
Hey guys got a quick question,
I've always had the poker sites put money directly into my bank account but i've been thinking about joining neteller which seems to be everyones favorite.
If the US gov. starts to put pressure onto neteller would it be possible for them to fold with peoples money? Just a question since idk if they are in the US or not. Thanks ahead of time. 
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Posted Fri Jan 12, 2007 3:16 pm GMT by Sid Lambert
Neteller is a publicly traded company in the Isle of Man (near the uk)...it would look extremely bad to its other customers and investors if it just withheld your money in the event of them no longer accepting deposits from US players...so i suppose they could theoretically, but chances seem extremely slim to me...
However, Neteller has stated (PDF warning)...that they will no longer accept US deposits after 270 days after the law was passed (which would mean august 1st or so...however, they say that they dont really know whether or not they will stop us deposits by them, depending on how the US govt behaves
So long and short of it...they'll never just keep your money, but they may no longer accept your deposits after august
Edit: also, no, i dont think they are closing anytime soon, as they are based in a country that is friendly to internet business, and they are getting plenty of business besides via the poker world
Posted Fri Jan 12, 2007 5:01 pm GMT by xDiamond_CutteRx
Your money is perfectly safe there until sometime in July (I will check the exact date). After that, I for one will be finding an alternative route.
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