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Thread: Alertpay bank transfer issues

  1. #26
    God/dess Juliette25's Avatar
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    Default Re: Alertpay bank transfer issues

    I guess I should request a check before they go under, eh?

    ETA: I just went to the site to request a check and my bank transfer was completed as of 10/14.

  2. #27
    Veteran Member RebeccaT's Avatar
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    Default Re: Alertpay bank transfer issues

    Doesn't it make you mad that Paypal won't accept adult payments...it's so simple and nearly everyone uses it.

    I did set up an AlertPay account but never verified it; I thought the amount I had to deposit was unacceptably high.
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  4. #28
    Veteran Member blkschoolgirl's Avatar
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    Default Re: Alertpay bank transfer issues

    Mine said completed as well today, but I wonder if the bank transfers still down? I have a nice chunk of change in there and I really don't want to wait for a check. More than anything, I don't want to stress out over this...

  5. #29
    Veteran Member tessarubyxoxo's Avatar
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    Default Re: Alertpay bank transfer issues

    this is fucking bullshit. if i don't get my money from these guys before they disappear off the face of the planet my brain's gonna explode. well, not really...but i'll be pissed. i need that money

    follow me on twittah<3

  6. #30
    God/dess laurielegs's Avatar
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    Default Re: Alertpay bank transfer issues

    Just an update - got my check today so it took exactly seven days from the time I requested the check. Not bad, but I am not happy because I didn't want to deal with checks and I wanted guys to be able to pay me with a credit card, but at least I got the $ that was in there.

    I'll probably leave it up as a payment processor for the guys who already have accounts but still hoping they get visa/mastercard capability again soon.


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  8. #31
    Veteran Member tessarubyxoxo's Avatar
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    Default Re: Alertpay bank transfer issues

    i requested a check around 2am on the 19th & i'm hoping i get it within a week. fingers croooossed.

    follow me on twittah<3

  9. #32
    Veteran Member limecoconut's Avatar
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    Default Re: Alertpay bank transfer issues

    I requested 8 days ago so it better be here today... I MOVE tomorrow and we are approaching the weekend damnittttttttttt

  10. #33
    Veteran Member tessarubyxoxo's Avatar
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    Default Re: Alertpay bank transfer issues

    anybody else gotten their check? mine still says pending. would contacting them help?

    follow me on twittah<3

  11. #34
    Veteran Member blkschoolgirl's Avatar
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    Default Re: Alertpay bank transfer issues

    ^I finally received my check yesterday. The status was 'completed' on Monday the 17th after requesting the check on the 13th, so maybe it will clear tomorrow, after three business days. I emailed them to find out if bank deposits were still down and I got a copypasta reply telling me NO. Alertpay and I are professionally done, who knows wtf is going on with them...

  12. #35
    Veteran Member tessarubyxoxo's Avatar
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    Default Re: Alertpay bank transfer issues

    Quote Originally Posted by blkschoolgirl View Post
    ^I finally received my check yesterday. The status was 'completed' on Monday the 17th after requesting the check on the 13th, so maybe it will clear tomorrow, after three business days. I emailed them to find out if bank deposits were still down and I got a copypasta reply telling me NO. Alertpay and I are professionally done, who knows wtf is going on with them...
    whew, i hope i get it then. yeah, i'm done with them too after i get my money. suuucks cause they were so great there for a while.

    follow me on twittah<3

  13. #36
    Featured Member tinydancer23's Avatar
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    Default Re: Alertpay bank transfer issues

    i just tried to add my bank account AGAIN and it says now that local bank transfers within the us are not supported anymore, only bank wire transfers. guess i'm done with alertpay.

  14. #37
    Senior Member Cosima's Avatar
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    Default Re: Alertpay bank transfer issues

    I hate this! I called them this week and they told me I cant withdraw my funds and that the check service is out of system. WTF

  15. #38
    Banned Melonie's Avatar
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    Default Re: Alertpay bank transfer issues

    he basically had NO information other than bank transfers are down for an unknown amount of time
    I'm just guessing, but as of January 1st new US laws went into effect regarding mandatory IRS reporting requirements being imposed on foreign banks transferring funds to US citizens. This is an outgrowth of the Swiss UBS bank secrecy crusade by the IRS and US State Dep't ... and was incorporated into new US laws such that foreign banks must now start reporting certain payments to US citizens to the IRS, foreign banks must start withholding 30% estimated income tax from certain payments made to US citizens etc. Because these requirements are rather 'involved', UBS chose to simply stop dealing with US citizens whose accounts involved less than $1 million ( since new IRS compliance requirements would cost them more than the profits they would earn from smaller accounts ).

    It's possible that the various 'payment processing services' that have been used in the past to transfer money from a foreign webcam host to a US camgirl via a foreign bank have now run into a 'stone wall' of new IRS regulations ... that they can't / won't comply with. International bank wire transfers get around this requirement, but they are also 100% scrutinized by the IRS and DHS ( under terrorist anti-money laundering laws ). Checks drawn against foreign banks are also scrutinized by the IRS and DHS via interbank 'check clearing' ... in addition to being subject to 'frozen funds' between the time the foreign check is deposited with a US bank and the time the foreign bank funds actually arrive to cover it.

    Payoneer appears to have set up a way around these new IRS regulations on foreign banks via the use of an associated Visa debit card account that is backed by a bank in Belize ( a country which has NO financial information sharing treaty with the USA - thus considered to be a 'tax haven' country by the IRS ). However, that Belizian bank Visa debit account MAY fall under new US State Dep't financial reporting regulations ... which now requires US citizens to report the existance of foreign accounts in their names. This arrangement basically allows the foreign bank to elude mandatory IRS reporting and estimated tax withholding requirements for payments made to US citizens, but potentially transfers compliance responsibilities ( and penalties for failure to comply ) onto the camgirls who have such foreign Visa debit card accounts in their names. I'm trying to find out more details. However, it would appear that as long as the maximum amount of 'credit' on the Belizian Visa debit card never exceeds $3,000, this setup MAY legally 'fly under the radar' in regard to official US foreign bank account scrutiny.

    ~
    Last edited by Melonie; 01-05-2012 at 10:53 AM.

  16. #39
    Senior Member Cosima's Avatar
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    Default Re: Alertpay bank transfer issues

    thanks for the information, do you think it would be good to bring this to the attention of SM or if they would care because honestly I have money sitting in my account and can't get it and all I have is a US bank account.

  17. #40
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    Default Re: Alertpay bank transfer issues

    Does SM pay by Alertpay? I dont know of any other e-wallets etc having issues in the US, wouldnt be too quick to jump the gun on this one.

    If you have alertpay funds and need them transferred to a US bank account I can do it for you. Takes about 4-5 days to complete the transfer.

  18. #41
    Veteran Member RebeccaT's Avatar
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    Default Re: Alertpay bank transfer issues

    I was planning on signing up with Stripville.com but they only pay via AlertPay or into US bank accounts. Can we hassle Nissim to ask him to have them, use Payoneer?

    I never verifired my AlertPay account I'd set up a business one and am now very glad I never used it.
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  19. #42
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    Default Re: Alertpay bank transfer issues

    I think to get the site to use Payoneer we have to nag them about signing up for Payoneer.

  20. #43
    Veteran Member RebeccaT's Avatar
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    Default Re: Alertpay bank transfer issues

    Quote Originally Posted by PrincessJenny View Post
    I think to get the site to use Payoneer we have to nag them about signing up for Payoneer.
    Nissim has said he will conatct them but does advise we all aske them too. So, fingers crossed!
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  22. #44
    Banned Melonie's Avatar
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    Default Re: Alertpay bank transfer issues

    Yup, Payoneer appears to be the only 'payment processing service' that has found a legal work-around for the HIRE act restrictions on foreign bank funds being transferred into the USA.

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