John h.

Difficulty withdrawing funds fom Neteller

November 12,2017

Greetings, my name is J. Halfhuid. I am from a small South American country called Surinam. I decided to open a Neteller account in order to fund my 24option (binary option) and betfair account. Right now I am in the process of trying to withdraw some funds from my Neteller account back to my local bank account. After 7 (yes seven) attempts in about 3 weeks I keep getting declined by Neteller. Each time different reasons are cited for declining my withdrawal requests. To make matters worse I suddenly received an urgent email from Neteller informing me that I must withdraw all my remaining funds before Jan. 3,2018 when my account will officially be closed.
This coming week I will once again initiate a withdrawal request and I can only hope that this unpleasant issue will finally be resolved.
I also wish to mention that the requested withdrawal amount is truly small ( 120 Usd). But to me the size of the amount is not the issue.
What matters is that if Neteller keeps refusing to honor my withdrawal request for such an insignificant amount of money and keeps dragging this issue untill Jan. 3,2018 when my funds will be "legally" seized, how will any other gamblers/ traders on the internet be able to trust this company with a substantially larger amount of money ( for example 20,000 Euros)?
Anyway I will keep everyone informed about my upcoming withdrawal request.

Kind regards
J. Halfhuid Update below.

Update: I initiated another withdrawal request ( nov. 13,2017). It was decined by Neteller ( nov 14,2017). No reason was given for declining this request. I asked for a reason and am waiting for a response. This is the eight time that I was declined.