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Originally Posted by Webby
Na.. INTECA have started the iBill cleanup, at least from the EU side, - tho there is some way to go on this yet.
All clients of iBillEU "should" have an email requesting confirmation of debt up to 2005 Feb 28th and it "appears" there are funds being held in EU banks to be paid out.
Still no news on the US end yet.. sounds like that "may" come tomorrow unless there is information leakage from iBill. I smell the US end is not gonna be good... but fingers crossed!
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Thanks Webby (and Claude)...
The last I heard regarding the U.S. side, is that the First Data money issue is almost reconciled and that funds will be paid electronically to the individual clients from a 3rd party (not iBill). This sounds similar to what is happening with Inteca.
The other past due money owed will supposedly be handled seperately, although also likely through a 3rd party. What remains to be seen is whether we will be paid a lump sum or in installments. Hopefully, the latter, but at this point I will be somewhat happy just knowing what to expect.
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