I am an American living in Ukraine currently and have never had any problems cashing out money via wire here to a Ukrainian bank. But I never had to put a reason when I cashed out either. Now I am required to enter only the word, "PRIZE" in the comments field when i cashout. This is the response from stars concerning this matter:

Hello Nicholas,

Thank you for your email.

As we have changed our payment processor it has become compulsive for our
Ukrainian players to add the payment description "PRIZE" into the "Comments"
field as Ukrainian banks require a reason to be given describing the nature
of any bank credit.

You only have to add the comment "PRIZE" once, when you enter your bank
details. All the information will then be saved on our system. There is no
need to add the information everytime you request a cashout.

If there is anything else I can assist you with, please let me know.

Regards

Sandra N
PokerStars Payments Services

So i just wrote them back asking for the reason still. I said that I understand you have a new payment processor but what is the real reason. It just seems strange. I am here of course legally and online poker is legal here as far as I know but I just don't want any unnecessary headaches from this. What do you guys think about this?

do you they have a space for "money flushed down the toilet" for the deposits?

I gotta a good laugh outta that one. Yea, they definitely aren't the brightest poker players on the planet. But seriously what do you think about this PRIZE thing?

I think u should do what they say. I'm pretty sure they won't be willing to discuss exactly why u need to do that aside from what they already said.

It almost sounds like Ukrainian banks require a reason to be given describing the nature of any bank credit, and Stars decided "PRIZE" would be the simplest explanation.

I could be wrong though. You could always make up your own reason. Personally, I like "SQUIRREL".

haha I've got you now Bobo!


in before I change that widdle ole undertilte of his muahahahahaha

Dammit!

YES!!!!


HAHAHA GOT YOU BOBO!!!

BTW, is there a reason we need two threads for this?

Need opinions about some new changes needed for wire cashout

My bad. You can close the other post. I am just paranoid and don't understand why I have to put PRIZE when I cashout. I hope I'm not thrown in a goolag or something.