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Neteller withdrawal option for U.S. customers now working

 After months of interest-free hold on the millions of dollars belonging to U.S. citizens, Neteller is finally paying out.

Neteller withdrawal option for U.S. customers now working The once leader in online gambling transactions Neteller PLC is now processing withdrawals. The U.S. customers of the troubled company can now log in to their accounts and request a withdrawal of the funds being held for months by Neteller. Here is the process:

Log in to your Neteller account
Request a withdrawal
During the request you would be asked to confirm your mailing address and your bank account details. If any or both have changed, you would be given the option to change them

 Before you request the withdrawal, however, Neteller forces you to accept an agreement, part of which reads:

 You and NETELLER Plc Group (each, a “Releasing Party”) mutually release, waive, and discharge each other (each, a “Released Party”) from any and all manner of actions, causes of action, suits, promises, damages, judgments, executions, claims, counterclaims, demands, and any other form of liability whatsoever, in law or equity, known or unknown, that the Releasing Party ever had, now has, or hereafter can, shall, or may have against the Released Party from the date You opened Your Account to the Effective Date with respect to Your request to receive funds under the Distribution Plan and Your Account.

 This means that if you have any plans of suing the company for any reason, you would forfeit this option by withdrawing your money.

 Neteller claims that the funds will arrive at your bank account within three business days, but be advised that the company warns it may take longer due to the increased volume of transactions about to be made. The cut-off date for withdrawal requests is January 26th 2008.

Published on 07/30/2007

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