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Neteller - Returning $94 million in US Distribution Plan

July 30, 2007 - The $94 million of frozen funds in US Neteller customers accounts will now be accessible from Monday 30th July following agreement on a distribution plan.

Neteller will not charge any withdrawal fees but the accounts must be closed and all funds withdrawn in one transaction. $94 million will be returned to hundreds of thousands of American customers.

US members will be notified by email when the process starts and US members funds will be able to be withdrawn in full.

Members must request and withdraw in full before January 26th 2008.

Funds will be electronically transferred to the bank account on record with Neteller or by check to the members mailing address.

Information for Neteller US Cutomers:

Please note that at the launch of the distribution plan, the NETELLER website will be extremely busy and may respond slowly when you browse to it. Please be patient and if you cannot log in, please try again a few hours later.

NETELLER will start the process for the distribution of US member funds by 30 July 2007.

US members will be notified by email when the process starts.

NETELLER will issue an email to US members to announce when they can begin requesting funds.

US members must sign in to their NETELLER accounts to request the release of their funds.

US members will not be able to request funds from the NETELLER website after January 26, 2008.
Funds will be delivered by electronic transfer to the bank account on record with NETELLER or by cheque to the member's mailing address.
NETELLER will not charge withdrawal fees.

As NETELLER is returning $94 million to hundreds of thousands of US customers, it will take some time for all payments to be processed.

Please be careful of any phishing scams. Only log in to the neteller.com website to request the return of funds. Remember it must have neteller.com as the top level domain using the https security protocol - nothing else.

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