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Old 06-05-2009, 03:03 AM   #76
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Re: refer to sender check.bounced..wtf

too bad
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Old 06-05-2009, 03:03 AM   #77
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Re: refer to sender check.bounced..wtf

Had the same thing happen with a check from Absolute Poker. I think it has to do with the bank not wanting to be a processor for online poker anymore.

Last edited by Mike Haven; 06-05-2009 at 06:56 AM.
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Old 06-05-2009, 03:10 AM   #78
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Re: refer to sender check.bounced..wtf

Quote:
Originally Posted by pairtheboard69 View Post
don't these processors process a lot more stuff than just poker checks?
I doubt it. Any other company could just write their own checks without going through some shady processor.
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Old 06-05-2009, 03:14 AM   #79
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Re: refer to sender check.bounced..wtf

the processor must be really shady, to just cut off funding like that...if they had any professional etiquette they would have notified the sites letting them know they have to stop business.

Last edited by Mike Haven; 06-05-2009 at 06:57 AM.
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Old 06-05-2009, 03:19 AM   #80
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Re: refer to sender check.bounced..wtf

Well in their defense I'm sure the bank didn't give them advance warning that they were going to freeze their account.
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Old 06-05-2009, 03:23 AM   #81
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Re: refer to sender check.bounced..wtf

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Originally Posted by jehfes View Post
I doubt it. Any other company could just write their own checks without going through some shady processor.
if this were true then why wouldn't poker stars just create a seperate company similar to pokerstars.net that would write the checks for them? since it wouldn't be a gambling site there wouldn't be any problems.
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Old 06-05-2009, 03:25 AM   #82
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Re: refer to sender check.bounced..wtf

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Originally Posted by gambolian View Post
the processor must be really shady, to just cut off funding like that...if they had any professional etiquette they would have notified the sites letting them know they have to stop business.
See, that's the rub. In any other business they would say, "We'll cash these outstanding checks, and then we're done with you." Here it's gambling, and they don't care about honoring the outstanding checks - it's gambling and they want no part of it, and that is scary for us.

Last edited by Mike Haven; 06-05-2009 at 06:58 AM.
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Old 06-05-2009, 03:35 AM   #83
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Re: refer to sender check.bounced..wtf

Quote:
Originally Posted by gambolian View Post
the processor must be really shady, to just cut off funding like that...if they had any professional etiquette they would have notified the sites letting them know they have to stop business.
They didnt cut off funding, the checks arent being returned NSF. The bank has done something to the account. No way to know at this point if the processor did something done or if someone at the bank just sniffed this out and decided to cut ties.

Its unclear whether the processor's other accounts are compromised (please dont name banks or processors)

Last edited by Mike Haven; 06-05-2009 at 06:58 AM.
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Old 06-05-2009, 03:39 AM   #84
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Re: refer to sender check.bounced..wtf

i cashed out from FTP 2 weeks ago, i actually got the check last week but have been too lazy to go to the bank and deposit it

they just gave me the money back into my account plus some $ for the inconvenience

hopefully this gets fixed =\
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Old 06-05-2009, 03:46 AM   #85
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Re: refer to sender check.bounced..wtf

I have cashed out 2 separate 5k checks in the past 2 weeks (May 22nd? for the earliest)...I'm going to be upfront with the bank tomorrow and ask them if the checks are good or not

will report in the morning when sober what happened
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Old 06-05-2009, 03:49 AM   #86
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Re: refer to sender check.bounced..wtf

This has happened at least once before, iirc, towards the end of last year, imo.
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Old 06-05-2009, 03:56 AM   #87
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Re: refer to sender check.bounced..wtf

Quote:
Originally Posted by sethypooh21 View Post
This has happened at least once before, iirc, towards the end of last year, imo.
Ah, so it's a bi-annual thing and nothing to worry about. Good.
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Old 06-05-2009, 03:57 AM   #88
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Re: refer to sender check.bounced..wtf

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Originally Posted by Mitch Evans View Post
Ah, so it's a bi-annual thing and nothing to worry about. Good.
I'm not saying that. It's a pain in the ass, and possibly worse, but it's not like its unprecedented.
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Old 06-05-2009, 04:07 AM   #89
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Re: refer to sender check.bounced..wtf

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Originally Posted by sethypooh21 View Post
This has happened at least once before, iirc, towards the end of last year, imo.
This is a different case.
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Old 06-05-2009, 04:12 AM   #90
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Re: refer to sender check.bounced..wtf

the greatest part of all is how a quarter of the people in this thread are good enough to make money at poker but not bright enough to refrain from ensuring that this thread shows up in any g00gle search about how we get our money
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