Quote:
Originally Posted by robwod
Sara, as has been mentioned multiple times in this thread. Verotel has apparently issued a notice months ago (did you receive it?) explaining that they are making changes to the agreement and that they will have procedures in place to be completely compliant with KYC guidelines and regulations.
Here's a link to the KYC guidelines:
http://www.worldcompliance.com/en/re...tomer-kyc.aspx
Specifically, note these two sections of the Guidelines:
- Customer Acceptance Policy – Perform due diligence with background checks to ensure that customer/entity is using their real name and not involved in terrorism or other illegal activities.
- Customer Identification Procedures - Identify and verify all customers’ identities and purposes (using reliable, independent data, information, and/or source documents) to the bank’s satisfaction.
That said, I understand you are frustrated -- and believe me, I am not personally a fan of Verotel on any level -- but I think it's a real stretch to consider a reserve and KYC regulations as "kidnapping". My understanding is that the notice of this was sent months ago. But again, I do not process with them so I have no first-hand knowledge of that.
Good luck getting it sorted out. |
Hey Robwod I appreciate the guidelines...again the point is still missed!
Guidelines or no guidelines where does it say in the guide lines that oneday you wil wake up and find your payouts suspended if you do not comply?
Verotel was only sending me rebills...I have moved on...3 times better conversions without verotel so why would I want to fork over 500 and a birth cert?
That is my point some around here many still need verotel...I do not need them. so there fore I do not have to send a fuckin thing to them.
I am just saying since I don't need you pay me my payouts in one payment, close the account and be done.
You get it yet? I don;t *HAVE* to cooperate because I don't use them in any capacity any more.
They are just paying me old rebills!
Why would I go through the hassle for just a handful of rebills?!?!
I politely decline to play by their new rules and that is that. Pay me what you owe have a holly jolly x-mas and we part ways!
What is the drama....why hijack my payouts, why demand this of me like I am their subordinate?
I don't need them but I need my few rebills that I use for grocery money...fuck
obviously they do not process for me so why would I need to send all this fucking bull shit to them to collect a few rebills?
It is assinine