Is it Safe To Keep Money At Epassporte? - GoFuckYourself.com

eurabia · 01-13-2007, 02:20 PM

I'm talking 10s of $1000s. I've heard people say that they withdraw the money as quickly as they can and that "it would be crazy to keep any significant money at EP".

Obviously the money is not FDIC insured. Is the money in EP accounts insured at all? EP itself is offshore and the card issuing bank is offshore. It's hard to find any information on EP's financial strength as it's a privately held company and they don't seem to be the talkative type.

What's your take guys?

mattz · 01-13-2007, 02:22 PM

no it's not safe to keep 10's of 1000's of dollars there

Jace · 01-13-2007, 02:23 PM

Quote:

Originally Posted by eurabia

Obviously the money is not FDIC insured.

you answered your question right there

regardless, I wouldn't, and never do...as soon as that money hits my epass I withdrawal it into my bank

selena · 01-13-2007, 02:23 PM

My take would be that if you leave 10s of $1,000s in there and it 'disappears' that you have no one but yourself to blame.

woj · 01-13-2007, 02:25 PM

I wouldn't keep any more than you are comfortable losing...

DjSap · 01-13-2007, 02:26 PM

Personally I don't really trust an online offshore solution to keep my money safe, I keep about 1k in my epass for liquidity purposes, but the rest either gets withdrawn or moved over to paypal.

DutchTeenCash · 01-13-2007, 02:29 PM

10k in epass

no thanks - phishing hackers plus anything over 5k you gotta file an OK to epass due to TOS

its ok for a 1000 or so to buy sell small stuff imho

polish_aristocrat · 01-13-2007, 02:30 PM

I keep over $10k in a far more risky online payment solution than epass, heh

there's always a risk but IMO the risk that epassporte goes down or disappears with your money, is minimal

the only problems are with freezing of individual accounts or lack of customer service

bareskin · 01-13-2007, 02:54 PM

never safe to keep to much money anywhere

Except in my house in a safe, get threww the rottweilers and my gun ok then you can have it

needlive · 01-13-2007, 03:00 PM

Quote:

Originally Posted by bareskin

never safe to keep to much money anywhere

Except in my house in a safe, get threww the rottweilers and my gun ok then you can have it

Ok a bank can go bankrupt but if someone gets to know how much money you have, believe me that the person becomes able to pass your dogs and your weapon...

Money moves the world for a long time now...

Jarmusch · 01-13-2007, 03:04 PM

Quote:

Originally Posted by DjSap

but the rest either gets withdrawn or moved over to paypal.

How do you move it to PP? Do you ask people to do money exchanges or do you do it by yourself?

GrouchyAdmin · 01-13-2007, 03:04 PM

As already mentioned: If by "safe", you mean "I won't spend it.", then, yes.

DaddyHalbucks · 01-13-2007, 03:07 PM

Of course it is safe!

mrgica · 01-13-2007, 03:08 PM

qqqqqqqqqqqqqqq

RawAlex · 01-13-2007, 03:10 PM

The correct answer is this: Money that isn't in an FDIC insured account isn't "secure" in any meaningful way. You should take action to remove that money from your account and keep no more than a couple of times of the multiple of your transaction limit in the account.

Until the money is in your hand or in your REAL bank account, it is at risk... and certainly not earning you any more. If you like taking risks, bring the money in and open a stock trading account, and at least enjoy playing with it.

bareskin · 01-13-2007, 03:11 PM

Quote:

Originally Posted by needlive

Ok a bank can go bankrupt but if someone gets to know how much money you have, believe me that the person becomes able to pass your dogs and your weapon...

Money moves the world for a long time now...

True very true , but its in anything somebody wants something bad enough they are gonna get it regardless

Vitasoy · 01-13-2007, 03:13 PM

I never lost sleep having money in my epass. I still always have a few k in it

Vick! · 01-13-2007, 05:03 PM

Keep only that amount which you can afford to loose. Its as simple.

01-13-2007, 02:20 PM	#1
eurabia Confirmed User Industry Role: Join Date: Aug 2006 Posts: 289	Is it Safe To Keep Money At Epassporte? I'm talking 10s of $1000s. I've heard people say that they withdraw the money as quickly as they can and that "it would be crazy to keep any significant money at EP". Obviously the money is not FDIC insured. Is the money in EP accounts insured at all? EP itself is offshore and the card issuing bank is offshore. It's hard to find any information on EP's financial strength as it's a privately held company and they don't seem to be the talkative type. What's your take guys?

01-13-2007, 02:23 PM	#4
selena Confirmed User Join Date: Aug 2004 Location: On The Edge Posts: 7,994	My take would be that if you leave 10s of $1,000s in there and it 'disappears' that you have no one but yourself to blame. __________________ ~ Doer of Things at MetArtMoney Where Flawless Beauty Meets Art ~The MetArt Network ~ selena.delgado9

01-13-2007, 02:25 PM	#5
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	I wouldn't keep any more than you are comfortable losing... __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

01-13-2007, 02:26 PM	#6
DjSap Confirmed User Join Date: Jul 2002 Posts: 3,869	Personally I don't really trust an online offshore solution to keep my money safe, I keep about 1k in my epass for liquidity purposes, but the rest either gets withdrawn or moved over to paypal. __________________ Blog Themes, TGP Design, Writing Services, Grunt Work ICQ: 66871495

01-13-2007, 02:29 PM	#7
DutchTeenCash I like Dutch Girls Join Date: Feb 2003 Location: dutchteencash.com Posts: 21,684	10k in epass no thanks - phishing hackers plus anything over 5k you gotta file an OK to epass due to TOS its ok for a 1000 or so to buy sell small stuff imho __________________ ICQ 16 91 547 - SKYPE dutchteencash bob AT dutchteencash DOT com ... did you see our newest Sweet Natural Girl Priscilla (18)?

01-13-2007, 02:22 PM	#2
mattz Confirmed User Industry Role: Join Date: Dec 2001 Location: AZ Posts: 7,697	no it's not safe to keep 10's of 1000's of dollars there

01-13-2007, 02:30 PM	#8
polish_aristocrat Too lazy to set a custom title Join Date: Jul 2002 Posts: 40,377	I keep over $10k in a far more risky online payment solution than epass, heh there's always a risk but IMO the risk that epassporte goes down or disappears with your money, is minimal the only problems are with freezing of individual accounts or lack of customer service __________________ I don't use ICQ anymore.

01-13-2007, 02:54 PM	#9
bareskin Confirmed User Join Date: Nov 2006 Location: Pimpin in socal Posts: 619	never safe to keep to much money anywhere Except in my house in a safe, get threww the rottweilers and my gun ok then you can have it __________________ Globat.com hosting company has shitty customer service skills :: please be advised:: Icq# 394599740

01-13-2007, 03:04 PM	#12
GrouchyAdmin Now choke yourself! Industry Role: Join Date: Apr 2006 Posts: 12,085	As already mentioned: If by "safe", you mean "I won't spend it.", then, yes. __________________ AIM: GrouchyGfy

01-13-2007, 03:07 PM	#13
DaddyHalbucks A freakin' legend! Industry Role: Join Date: Feb 2004 Location: Las Vegas, Nevada USA Posts: 18,975	Of course it is safe! __________________ Boner Money

01-13-2007, 03:08 PM	#14
mrgica Confirmed User Industry Role: Join Date: Jan 2004 Posts: 2,169	qqqqqqqqqqqqqqq __________________ Fuck it dude, lets go bowling

01-13-2007, 03:10 PM	#15
RawAlex So Fucking Banned Join Date: Oct 2003 Location: In a house. Posts: 9,465	The correct answer is this: Money that isn't in an FDIC insured account isn't "secure" in any meaningful way. You should take action to remove that money from your account and keep no more than a couple of times of the multiple of your transaction limit in the account. Until the money is in your hand or in your REAL bank account, it is at risk... and certainly not earning you any more. If you like taking risks, bring the money in and open a stock trading account, and at least enjoy playing with it.

01-13-2007, 03:13 PM	#17
Vitasoy GFY HALL OF FAME DAMMIT!!! Join Date: Oct 2003 Posts: 58,202	I never lost sleep having money in my epass. I still always have a few k in it __________________ [email protected]

01-13-2007, 05:03 PM	#18
Vick! Confirmed User Industry Role: Join Date: Nov 2005 Location: 20 00'24.00" N, 75 09'00.00 W Posts: 6,882	Keep only that amount which you can afford to loose. Its as simple. __________________ Affordable Quality Web Hosting