Neteller Check Bounces!

**lots0** · 10th August 2007, 06:41 AM

I was one of those Americans with a few bucks in neteller.

I requested a check the first day I could and today the check showed up in the mail and I went to cash it...

The bank told me they had so far turned down over $50,000 in Neteller checks, not including my check, as of 2:00pm today...

The Neteller checks are no fucking good...

The check Neteller sent me was made on this account:

CARDLOAD INC.
Suite#64008, 5512 - 4th street nw
Calgary,Alberta T2K 6J0

**tennis_balls** · 10th August 2007, 06:52 AM

Originally Posted by lots0

The Neteller checks are no fucking good...

The check Neteller sent me was made on this account:

CARDLOAD INC.
Suite#64008, 5512 - 4th street nw
Calgary,Alberta T2K 6J0

i just got my ACH from Neteller a few days ago. it was processed via cardload and seems to have gone thru with no problem.

sorry to hear about your check. if I was a betting man I'd guess that the banks never got the memo that it's ok to accept these.

**winbig** · 10th August 2007, 06:59 AM

I guess I won't bother trying to cash my 74 cent check. Yes, you read it right, 74 cents.

I sure hope they start accepting them soon though...for everyone else's sake.

**jetset** · 10th August 2007, 07:06 AM

Lots0's post referred to Neteller for comment this date.

**GrandMaster** · 10th August 2007, 03:03 PM

Originally Posted by lots0

I requested a check the first day I could and today the check showed up in the mail and I went to cash it...

The bank told me they had so far turned down over $50,000 in Neteller checks, not including my check, as of 2:00pm today...

The Neteller checks are no [expletive deleted] good...

The title is misleading, it gives the impression that the checks are written on an account with insufficient funds, when the problem appears to be with your bank.

**NASHVEGAS** · 10th August 2007, 03:15 PM

Originally Posted by GrandMaster

The title is misleading, it gives the impression that the checks are written on an account with insufficient funds, when the problem appears to be with your bank.

Until the word appears can be removed with certainty from your post, the title is not misleading. mind boggling, do not make me pull a MIKE031 and grant u a deathwish,

**lots0** · 10th August 2007, 05:16 PM

When I talked to the bank manager (yes I talked to the manager) he told me about the the other $50 thousand that his bank had already turned down after I started arguing with him about taking the check.

He told me that the Federal Reserve would not process the check... So he was unable to even determine if there was a Neteller (CARDLOAD) account because of the way the Federal Reserve was handling this.

The bank manager also told me something interesting... He said, that the DoJ can't over ride a law, (in other words the DoJ can NOT tell you it is OK to break the law) and the current law says that the Banks can NOT process these checks and the Banks are going to follow the law.

The bank manager also told me that the EFT's were handled differently than the paper checks, he thought that was why the EFT's went threw when the paper checks would not.

I am so angry, I feel like wiping my rear with my worthless Neteller paper check and then sending it to the US Attorney in New York with an invitation for him to eat it...

**c_note** · 10th August 2007, 05:21 PM

Good post Lots0

The EFT/ACH network is very different, and I think NACHA (the organisation behind ACH transactions) will possibly step in soon and block Card Load from sending them.

This creates a big bind for Neteller, how do the give you your money when they want to and your bank and government says NO.

**swampwitch** · 10th August 2007, 05:25 PM

I'm wondering if only certain banks are pulling this, since my bank cashed my Neteller check today without question.
Of course, mine was just for a whopping 50 bucks.

**lots0** · 10th August 2007, 05:43 PM

I'm wondering if only certain banks are pulling this, since my bank cashed my Neteller check today without question.

Did you just deposit the check or cash it outright?

According to the Bank Manager I talked too, it is the Federal Reserve, so it would be all the Banks and not just a few of them.

My check was a bit bigger and I wanted to cash it, not deposit it, so they tried to verify the check right then and there.

It is just like a forged check, (I got one a while back) the Bank took it (they did not try to verify the check on deposit) and even gave me cash back when I deposited it... Then in a about a week I got an overdraft notice from the Bank when they found out the check was a phony...