Let's say I never make another deposit to my online account. Would there be any penalty to me (the way this bill is written) for leaving my money in there and withdrawing it if I continue have a positive balance that keeps growing. Is this bill just designed to make deposits to online accounts illegal, or does this include making wagers based on the balances that are already in accounts. Also, if this bill would get signed by W, would all money be lost with my accounts or could I get this back. Thanks to those who reply.
i was thinking the same thing about recieving checks thru Fed EX. Ive gotten them before and they are always out of a NY or Chicago bank....no mention that it came from an Offshore Book. So wont we still be able to do this method at least?If Im understanding this Bill correctly it is prohibiting banks from allowing you to send money out. BUt unless they stop the use of Neteller how would they know its going to a Book?
I tkink even IF ( a huge IF at this point), the banks continue to allow you to RECEIVE Neteller EFT, they will probably be required to report such transactions to some government agency. Either the IRS or some agency that will oversee this law.
Even though I reported winnings; it's not a good feeling.
Even though I reported winnings; it's not a good feeling.
