Maybe one of you guys "in the know" could tell me more....
What are the legal ramifications with using EFT's....as far as the banking industry goes, with dollar limits before papers have to be filled out....suspicious activity reports...how "under the radar" are these transactions?
Does the bank that receives the EFT know all the specifics about where the transaction originated....if a bank receives an EFT and it's labelled something like "Costa Rica Sports Gambling"....are they going to be overly suspicious of the transaction....do they have the ability to refuse incoming transactions of that nature, figuring the banks position against gambling transactions?
What are the legal ramifications with using EFT's....as far as the banking industry goes, with dollar limits before papers have to be filled out....suspicious activity reports...how "under the radar" are these transactions?
Does the bank that receives the EFT know all the specifics about where the transaction originated....if a bank receives an EFT and it's labelled something like "Costa Rica Sports Gambling"....are they going to be overly suspicious of the transaction....do they have the ability to refuse incoming transactions of that nature, figuring the banks position against gambling transactions?
I never receive an EFT for more than 10 dimes (usually in the 5-7k region..if I have to break them up I do). I know it applies to carrying the dough in or out of the country but I wouldn't want your bank to report an over 10k transfer from out of the country to anyone. There are people better versed in this than me Marco and hopefully they will post soon.
sb
sb
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by miked429:
mr.leisure i dont know what bodog you use but if you make a echeck deposit at bodog it will take a 2 weeks to get your money. <HR></BLOCKQUOTE>
Not for me. They hold it for 2 weeks before they say the deposit has cleared. But they let you bet with it right away. And when you request a payout, it's always been back in the checking account within 2 business days in my experience.
mr.leisure i dont know what bodog you use but if you make a echeck deposit at bodog it will take a 2 weeks to get your money. <HR></BLOCKQUOTE>
Not for me. They hold it for 2 weeks before they say the deposit has cleared. But they let you bet with it right away. And when you request a payout, it's always been back in the checking account within 2 business days in my experience.
