You may have heard about Neteller holding funds from members. This were only during the legal issues Neteller had with the US, and it was not over online casinos but over sportsbooks. All the members did recover there funds from Neteller it just took awhile for this to happen. We still recommend Neteller for purchasing at online casinos as they are a reliable purchasing source especially for the european nations.
If you live in Israel you can no longer use Neteller to fund online casino sites. NETeller is one of the quickest and easiest ways to fund online casinos but due to new laws about online gambling some countries are unable to use NETeller at online casino’s. This is no way effects other customers which do not live in restricted countries.
Neteller is still one of the best methods for transferring funds to and from online casinos. The easy online webwallet allows players to raise limits in a short amount of time. Once you have established a account you will be able to fund casinos using Neteller, which neteller will then debit your bank account. This is great for players with no credit cards or rejected cards. Neteller is not available for US and Canadian players.
Recenty the arrested Neteller guys pleaded guilty to charges brought by US government. Sentencing has not been done as of yet but part of the agreement was to pay huge fines and to assist in providing information to the US government. Still no news on when players money will be released but it has been said to be soon. We will believe it when we see it.
Neteller is still a leading payment processor for other countries including the UK, and EU. Most online casinos will give a extra bonus for players using neteller to purchase casino credits. Check the online casinos website for more information.
As of April 9th Neteller stopped the use of there online webwallet for Canadians at online casinos. This is another big disappointment for casino players. As Neteller was widely used by other Americans and Canadians as a means to purchase credits at online casinos. Rumor has it that the debit card will no longer work after May 2nd, 2007.
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