Will NETeller give out customer information to authorities?

[FatLoser]

I read a newspaper article recently about the IRS investigating foreign credit/debit cards which are used frequently and for "big" amounts. My question is, will NETeller hand out information about their customers if the authorities request it? I would not appreciate a giant tax bill sometime in the future.

Anyone with insight?

-FatLoser

[Stagemusic]

A couple of points to discuss here. First, Neteller is a Canadian company and is regulated by the laws of that country. The United States Internal Revenue Service or any other countries for that matter, has no jurisdiction over that company. The US IRS could, however request the records through the NAFTA treaty and might even get them. But I really don't think that they would expend that kind of effort over a few hundred or even thousand dollars from an online gambler.

Secondly, Netellers' TOS states that it will only release customer information in the form of activity records to Vendors who suspect fraudulent or illegal activity. They do not release banking information in any form. Your bank or credit card information should be quite secure. Hope that eases your mind a little so you can concentrate on playing that J3 offsuit to it's fullest. [img]/images/graemlins/grin.gif[/img]

[J.R.]

I don't know to what this bank handles neteller's accounts, but if you have ever requested a check from neteller it is drawn on a Harris Havings Bank and Trust in chicago, with whom the IRS could have a field day with under the right circumstances.

[drewjustdrew]

I have received Pokerstars, and Ultimatebet payouts from Harris Bank as well. Also PNC out of Pittsburgh. Only once have I received a check from Canada. Never received money directly from Neteller. I only use them to transfer money between accounts.

[Tekari]

where did you read this article?

[MrFroggyX]

[ QUOTE ]
where did you read this article?

[/ QUOTE ]

I think he read it in a Swedish newspapper..

[FatLoser]

As Froggy says, I did read it in a swedish newspaper but figured if the swedish IRS could figure this out surely the US IRS are considering the issue too.

[harboral]

CALL NETELLER. They have a very nice staff and answer their phones on the first ring...........why try and get an answer here from people who don't really know for sure?

[Rushmore]

About 6 months ago, I called and spoke to a manager at Neteller who assured me, categorically, that it could not and would not ever possibly ever happen ever no way.

[SomeTimesIWin]

I've seen this discussed partly in a forum called pokersidan.se - I noticed you are from Sweden so there you will find some discussion about this.