NETELLER WARNING!!!!!!!!!!!!!

[Petunia]

**maybe there are more clearence checks being done for the sake of being 'transparent' as they are now floating... the security might be tighter, and they are fumbling to find out what exactly they can and cannot do... systems changed etc - hence the shotty supporte etc. just a thought. my 2c.**

[GrandMaster]

i think you might of inadvertly hit the nail on the head regarding regarding the slow clearing of funds. i dont know about the rest of the world, but in the UK we have a long standing problem with our banks, in that they use a process called clearing which is done with the sole purpose of keeping your funds in limbo from anything between 3 days and over a week. this is a con, the public know it, the goverment know it and banks know it since they benefit to the tune of billions of £'s a year from this scam.

i guess neteller has decided if you cant beat 'em, then join 'em

I have lived in other countries, and I think we should not complain too loudly about UK banks. I know the interest earned on money in transit between bank makes a good story in The Daily Mail every few months (btw, the actual amount is millions, not billions). As the number of cheque transactions keeps decreasing, there is little incentive for the banks to make major investments to speed it up. What the authors of these articles never mention is that it is easy to get a bank account in the UK with no charges for standard services and if you shop around a bit, you can even get a decent interest rate on your credit balance. In the US, you usually have to pay a monthly fee or maintain a minimum balance in your account so that you lose the interest you could be earning elsewhere, you have to pay for the printing of your cheques, you have to pay a fee if you withdraw cash from an ATM belonging to another bank, which a real nuisance if you are travelling since there are no banks with national networks and don't even get me started on German banks.