Banking issue in US

[4 of a kind]

I have a separate checking account that of course has its own visa debit card, just for online casinos, poker, and some straight up purchases. I also had several bank wires from casinos sent to this account also. Today I get a call from my banker who questioned several of the transactions. He obviously new they were online gambling sites. Ive been reading many of the affiliate posts here recently, and that was the first thing that came to my mind. I start rambling how Im an online casino affiliate for online casinos overseas where its legal. I continue my rambling that the deposits to the casinos I made were in fact for the site to disburse funds due to other affiliates that receive a percentage of the checks I receive at another bank.

I also have another account at this bank with a substantial balance which was never involved with anything online. He then asks me if I was aware of the laws that the banks are obligated to abide by concerning online gambling? I reply yes when it comes to gambling, but Im not gambling. He then asked me to please stop from making such transactions of any kind with any online gambling institutions in the future. I of course said sure, and apologized if I caused any problems. He said no problem and everything was fine to this point as long as I would refrain from further transactions. Tonight I went to the machine and withdrew max cash allowed at one time, and should have it empty in a couple of days. I dont even want to go inside in case I run into my banker, who is always at his desk, and always says hello.

Guess its time to move to another bank. I usually move to another bank for online gambling every year or so, and this past year and a half I actually had my separate online checking account opened at one of the banks I normally deal with. I was getting tired of having to travel to another bank all the time for online transactions. (Bad move)

Going to open another account some where else and hope that the banks here arent on to some new detection program. But honestly I guess the amount of transactions and bank wires I was doing were enough to raise a few eyebrows.

So for US players I would suggest to be a little more cautious, and discreet.

 

[love2winalot]

Hiya: Name the bank please...........and, why do you think he, "knew", they were online gambling sites, and not deposits from some other venture, coming from oversea's?

also, were the bank wires sent directly from the casino, "casino xxx" to your bank acct, or were they sent thru a service provider, "e wallet" as example, to your acct.?

and lastly, Do you have any idea what the Casino would do if your bank simply refused to accept the wire transfer? Would they make you accept a check, or what?

Thanks.

 

[4 of a kind]

Hiya: Name the bank please...........and, why do you think he, "knew", they were online gambling sites, and not deposits from some other venture, coming from oversea's?

also, were the bank wires sent directly from the casino, "casino xxx" to your bank acct, or were they sent thru a service provider, "e wallet" as example, to your acct.?

and lastly, Do you have any idea what the Casino would do if your bank simply refused to accept the wire transfer? Would they make you accept a check, or what?

Thanks.

This is what some of the online debit card purchases look like on my statement.


POS PURCH CHECKINGINETBET Kent GB
EBILL, EBIL1-8779524373Internet Initiated Transaction- ID: +18779524373
POS PURCH CHECKINGPSTARS Isle of man GB
POS PURCH CHECKINGWWW.PC-STAR-CS.NET SINGAPORE SG

And this is what the bank wire deposits look like on the statement. Followed up within a few days a separate statement in the mail.

incomming wire PBC Consulting

I don't think it is smart for me to identify the bank online, especially now. Plus my statements are loaded with only this type of purchases.
This bank is only located in New York.
Also no idea what the casino would do if the wire was denied by the bank. Don't have to worry about that since I haven't received one in months and not expecting any as of now.

 

[silkprint]

You should always say they are from a sale Ebay or something . It's none of their business what they are from.

 

[DaveG39]

This is what some of the online debit card purchases look like on my statement.


POS PURCH CHECKINGINETBET Kent GB
EBILL, EBIL1-8779524373Internet Initiated Transaction- ID: +18779524373
POS PURCH CHECKINGPSTARS Isle of man GB
POS PURCH CHECKINGWWW.PC-STAR-CS.NET SINGAPORE SG

.

This is why I got a prepaid Visa once I moved over from Rushmore to Inetbet (ty laurie ). It clearly states on their website that the transactions would appear in their own name on statements and I didn't want that kind of red flag for my Bank to find. This is also why I liked Rushmore so much before they went semi-rogue. Their name (or the words bet or casino for that matter) never appeared on my statements (ie one of the websites that did appear looked, from the outside, to be a Candian cumputer store).

 

[WagerWitch]

I recently had a MAJOR situation in which my bank account was FROZEN and put into investigation AFTER an EWALLET purchase.

They declined the Ewallet purchase and then froze my assets.

They kept them frozen for almost 90 days...

They said this about it:

Gambling itself is NOT illegal - however banks are NOT permitted to complete the transactions and they must report them (SINCE I LOST more than I won - EVER in my life.. LOL! It was no big deal to me...)

But just letting you know - they eventually returned everything to me - but do you know what it is like to go into debt KNOWING you have money in the bank that they will not let you touch?

The end result - it is NONE OF THEIR business what you spend your money on.

They can choose which transactions they agree to do - but they cannot tell you how to spend your money.

My suggestion - PREPAID ONLY.

And if you do choose to go NETSPEND - I have a referral number for first time card users - and it will give them 5.00 and me 5.00 - which is way cool...


PM me for the number if you want it --- YOU DON'T HAVE TO USE it - but if you're gonna use Netspend ya might as well get the extra 5.00 - it will also give me 5.00

Anyhow - I won't use ANYTHING but a prepaid card - and there are a few of them online besides Netspend. I haven't had ANY problems with Netspend... They charge a lotta fees - but they don't decline ANYTHING...

And work at EVERY place for me.

 

[amatrine]

I used to have eco or one of those wallets, and my bank refused to fund it or take money from them, and I can not hook up quiktender there, so I just use a reload card now. Funny, they take paypal no problems but not other wallets, yeah they should mind their own business. It limits me where I can play since I can not use an ewallet.

 

[lots0]

This thread should be moved to ATB.

 

[DaveG39]

My suggestion - PREPAID ONLY.

And if you do choose to go NETSPEND - I have a referral number for first time card users - and it will give them 5.00 and me 5.00 - which is way cool...


PM me for the number if you want it --- YOU DON'T HAVE TO USE it - but if you're gonna use Netspend ya might as well get the extra 5.00 - it will also give me 5.00

Anyhow - I won't use ANYTHING but a prepaid card - and there are a few of them online besides Netspend. I haven't had ANY problems with Netspend... They charge a lotta fees - but they don't decline ANYTHING...

And work at EVERY place for me.

Wish I'd known you had a referal when I got my Netspend, then again I didin't ask, lol. You can load Netspend via PayPal for free and withdrawals to the casino only cost $1 (so make sure when you load it you account for that).

 

[DaveG39]

I used to have eco or one of those wallets, and my bank refused to fund it or take money from them, and I can not hook up quiktender there, so I just use a reload card now. Funny, they take paypal no problems but not other wallets, yeah they should mind their own business. It limits me where I can play since I can not use an ewallet.

How do you cashout if you don't have QT? All casinos I know of won't cash out to the same card you use to deposit because of UIGEA.

 

[pevangel]

hi all, with my netspend if i refer you you get 20 and i get 20 but this is only good until 9/30 just letting you all know so if anyone wants to get referred by me just pm me then : ))


pevangel

 

[RobWin]

This thread should be moved to ATB.

Too late now bro...

 

[TOC]

I recently had a MAJOR situation in which my bank account was FROZEN and put into investigation AFTER an EWALLET purchase.

They declined the Ewallet purchase and then froze my assets.

They kept them frozen for almost 90 days...

They said this about it:

Gambling itself is NOT illegal - however banks are NOT permitted to complete the transactions and they must report them (SINCE I LOST more than I won - EVER in my life.. LOL! It was no big deal to me...)

But just letting you know - they eventually returned everything to me - but do you know what it is like to go into debt KNOWING you have money in the bank that they will not let you touch?

The end result - it is NONE OF THEIR business what you spend your money on.

They can choose which transactions they agree to do - but they cannot tell you how to spend your money.

My suggestion - PREPAID ONLY.

And if you do choose to go NETSPEND - I have a referral number for first time card users - and it will give them 5.00 and me 5.00 - which is way cool...


PM me for the number if you want it --- YOU DON'T HAVE TO USE it - but if you're gonna use Netspend ya might as well get the extra 5.00 - it will also give me 5.00

Anyhow - I won't use ANYTHING but a prepaid card - and there are a few of them online besides Netspend. I haven't had ANY problems with Netspend... They charge a lotta fees - but they don't decline ANYTHING...

And work at EVERY place for me.

I'm U.S. never had a problem with them, is this a small bank like maybe a credit union?

 

[felicie]

Isn't the bank being in New York the problem?

 

[footdr]

First of all....

the poster should know that the charges are billed as retail purchases and wiretransfers have no coding identifying why the transfer is being made. So to give the answer he did is not helping anyone. Posting about these types of issues is not really a very good idea given news reports have stated that the IRS is screening posts on websites and forums.

 

[SlotKing]

the poster should know that the charges are billed as retail purchases and wiretransfers have no coding identifying why the transfer is being made. So to give the answer he did is not helping anyone. Posting about these types of issues is not really a very good idea given news reports have stated that the IRS is screening posts on websites and forums.

Considering this section of the forum is invisible to anyone outside CM, I don't think the IRS will barge in here anytime soon.

You actually can cash out to a Wired Plastic card, if the casino you are playing at allows a bank wire as the withdrawal method. Granted, it can't be more than $10K at a time, and they only transfer $2500/day until the full wire is available to you. But it's an option to basically eliminate the hassles caused by the bankers' "verification" of your transactions.

If the banker is somewhat intelligent, he could simply look at the transactions on your account that are "flagged" and do a Google search on them (which, unbelievably, isn't against the law). It wouldn't be that hard for him to see that "POS PURCHINETBET" would return Inet as one of the first results in Google. Same with Pokerstars... this is why NS or WP is currently the best option, next to QT.

If you want to pretty much eliminate the hassles, use a combination of a NS/WP and a QT... Deposit using Netspend, withdraw to QT from the casino, and withdraw to WP from QT. I haven't trusted a bank to leave me alone since 2003 - every one I have used always wants to question what I am doing with my money, and I refuse to tell them - so what do they do? They close my account for "Suspected Fraud".

This is why I only use one bank account from a credit union, where I can tell them that the incoming wires are from eBay or a consulting firm and they will believe it. Sounds a little naive on the credit union's part, but it's the truth - anyone else would question everything about what I said.... "What eBay account? "Where was it shipped to?" "How do you know this person?"... all none of their business.

Just use NS/WP and QT... it's hassle-free and a somewhat cheaper alternative than having your money confiscated and having to explain to them ad nauseam that it's none of their business where the money came from - that's a red flag for 99% of banks.

 

[anniemac]

Right on, SlotKing. That's the way I have been doing my business for the last year or so. No problems and no questions.

 

[WagerWitch]

Yes is a Credit Union and is SMALLLLLLLLLLLLL

But it was VERY scary having everything locked up - and it was a BUMMER TO BE borrowing money from folks to make it during that time.

Taught me 2 lessons:

1) never use an Ewallet

2) NEVER KEEP ALL MONEY IN ONE BANK ACCOUNT.

 

[SlotKing]

Yes is a Credit Union and is SMALLLLLLLLLLLLL

But it was VERY scary having everything locked up - and it was a BUMMER TO BE borrowing money from folks to make it during that time.

Taught me 2 lessons:

1) never use an Ewallet

2) NEVER KEEP ALL MONEY IN ONE BANK ACCOUNT.

The only reason I keep one bank account is for simplicity (In reality, it's 3 accounts combined into one, all separate from another)... it may seem like it can cause a problem, but they actually have to have a legal reason to hold the money in my account. If they have no legal basis to hold the funds in my account, then they, by law, CANNOT touch them. The ONLY way they can have legal basis is to ask me about the transaction. If I have an occupation as a "consultant", and I say that the money comes from a "consulting firm", there is no legal basis for them to do anything except allow me to get the money that is in my account.

My advice to anyone who is worried about whether or not a bank is going to go all insane on them is this... don't use one. I get by quite well without a checking account, and these days, it's almost better that you DON'T have one.

 

[reda]

i have a question . i want to know if my bank questioned me about my ewallet transactions what would i say navajo network is?? is it clothing. electronics or indian merchandise. ??? my transactions at times in a month will state about 6 to 7 transactions to navajo networks. they might think thats a lot of merchandise for me to be buying in one month. havent been asked as of yet but dont know exactly what i would say if i ws caught off gurard

 

[jelsmith]

I know you can wire out to WP but what about NS.....they provide a routing and acct# that I use for DD all the time.....and usually a casino asks for routing and acct # when withdrawing.....so my question is can you send to NS or not I have not tried so I dont know

 

[felicie]

My wallet will send out to NS after giving them routing, acct. no. etc. It takes another 3 days but so did my own bank if not longer.

 

[tat00]

with all the transactions i have with my account i have been asked several times what are these navajo network and such charges by my bank- i told em it was for porn they never asked me again

 

[anniemac]

Priceless!!

 

[WagerWitch]

with all the transactions i have with my account i have been asked several times what are these navajo network and such charges by my bank- i told em it was for porn they never asked me again

MAN oh MAN.. That is awesome.

Personally - I try to say - It is NONE of YOUR business... This is MY money we're talking about.

BUT in my case - the EWALLET was FLAGGED somehow at my bank as a gambling ONLY transaction.

I will NEVER use that EWALLET again - and I will never support an Ewallet usage.

When they told me it was for a gambling transaction - they told me that they could not process gambling transactions and that they were investigating my entire account.


I told them honestly that it was indeed for gambling - which I probably should have stuck to it is none of your business.

But I figured if they dug around ENOUGH - they would probably figure it out anyway.

So was honest. Figure honesty is better than lying.

ANYHOW - gambling is NOT illegal - the wire transaction, however is illegal for the banks to process.

NEXT TIME - I will say --- PORN ---- PORN ---- PORN....

YAY!!!

That is perfect!