NETeller Distribution Plan

NETeller has recently released details of their distribution plan for American account holders. In review, the distribution of the 94 million dollars in US customer funds will begin by July 30, 2007. Customers should begin to see emails as to when distribution is available. Keep in mind there will be scams, if you get an email from NETeller, attempt to log into your account by going directly to their site, and following their directions from there. Also important to note is that requests for the money will only be accepted until January 26th, 2008.

Below is the distribution plan summary as was released by NETeller earlier this week.

Distribution Plan Summary

Please note that at the beginning of the distribution plan, the NETELLER website will be exceedingly busy and may respond at a snail's pace when you browse to it. Please be patient, if you cannot log in, please try again some time later.

NETELLER will start the process for the distribution of U.S. member funds by 30 July 2007.
U.S. members will be notified by email when the process starts.
U.S. members should also check the NETELLER site for updates.

NETELLER will issue an email to U.S. members to announce when they can begin requesting funds.

U.S. members must sign in to their NETELLER accounts to request the release of their funds.

U.S. members will not be able to request funds from the NETELLER website after January 26, 2008.

Funds will be delivered by electronic transfer to the bank account on record with NETELLER or by check to the member's mailing address.

NETELLER will not charge withdrawal fees.

As NETELLER is returning $94 million to hundreds of thousands of US customers, it will take some time for all payments to be processed.

Please be suspicious of any phishing scams. Only log in to the neteller.com website to request the return of funds. Remember it must have neteller.com as the top-level domain using the https security protocol - nothing else. If you can put the cursor over the link in the email and look at the bottom of the browser you are in, it should say neteller.com.

If you have any further doubts, go directly to the NETeller site. As long as you are weary of the emails coming in, and watchful of the correct email from Neteller, you will not be caught in the scams to come.