Great news from QuickTender – withdraws coming
I just received this email from QuickTender:
Dear Aaron Wilt,
We are writing to confirm the process to enable you to withdraw your remaining ‘available’ QuickTender USD balance.
As previously advised in order for customers to have their balances refunded, they will need to have a Euro currency bank account as we can no longer make any payments into a USD denominated account. We urge you to obtain a EURO denominated bank account in order to receive your funds.
From the 1st July and until the 15th August you will be able to log into the QuickTender site at www.quicktender.com and to request a withdrawal using the ‘Contact Us’ section. Before selecting contact us, you should first login as this ensures your account name and registered email is copied and also the page is now secure (if you select contact us before logging in the page, neither your account information is copied, or the page is secure via HTTPS Socket Level Security).
Once logged into your QuickTender account, you will be able to review your balance and obtain a statement of the previous transactions prior to requesting a withdrawal. There will be no way to transfer funds to previously QuickTender accepting merchants.
In this contact us section, you should select ‘Withdrawing Funds from your account’ from the drop down subject menu and in the space below, immediately provide with your EURO bank account details (clearly including any intermediatory bank details if necessary) in the following format:
Bank Account Name (this must match the family name that your QuickTender account is registered in)
Bank Name
Bank Address
Bank Identification Code (BIC also known as Swift Code)
Bank Account Number / International Bank Account Number (IBAN)
Please note we will not send any funds that claim to be destined for a EURO account to a 9 digit Fedwire/ABA routing number. If you obtain a EURO account from a USA based bank they will be able to provide you with the BIC/Swift Code and /or an International Bank Account Number (IBAN).
As previously mentioned, withdrawals can only be made to EURO bank accounts and will only be sent in the name of the registered QuickTender account holder. We cannot support 3rd party withdrawals.
To be clear, your withdrawal will be processed from your USD QuickTender account and QuickTender will convert it to the EURO equivalent amount based on the prevailing exchange rate.
Once we have successfully processed your withdrawal, we will advise you by email of the EURO amount and the date you should expect to receive it. Only funds sent to a EURO bank account are fully protected. We will not be held liable for any funds that are not received due to them not being sent to a EURO bank account in the name of the QuickTender account holder.
If you want your funds you need to act quickly to open a EURO denominated bank account and request a withdrawal to it prior to the 15th August 2011.
We are deeply sorry that this is the only means of ensuring you receive your QuickTender funds as part of us ceasing our service, but we want to ensure you receive them rather than the USA authorities.
QuickTender Team
Looks promising, we should all proceed to get these Euro accounts set up ASAP.
Great news. Got that same email. Think you investigative work had a lot to do with it Aaron. Great fckin job man. When I’l see you, drinks are on me.
What about the people like me? Quicktender says my money had already left for NYC and my understanding is the DOJ and the Secret Service are all claiming the other guy has it. Does this mean the money in limbo goes back to Quicktender, and I can get it out in the Euro procedure?
based on my conversation with the secret service, i don’t think they are wanting to give up their seized money very easily. It almost certainly wont be going back to QT
Hi Aaron,
Got the same email, only I have NO idea how to set up a euro based account, can you provide some help with that? Much obliged…..
I was doing some research. Seems like you have have alot of cash to open an EURO account outside the US. If you find out how to get one let me know
Received same email as Aaron. They or someone has my $5K. However, this raises more questions. 1) why can’t they send a check in Euros or US dollars to US players since that are implying they have controls of funds and why do you need an EURO account and they have our home addresses; 2) Why not send EFT funds through a different bank/bank account, they have our banking information to where to send it; 3) Could this be the DOJ trying to get more funds or see who has an offshore euro accounts, seems strange this is the only way to get your funds and 4) Unless you have thousands to invest in offshore accounts or pay high fees for some company help you open an Euro account. You can’t open an Euro account in the USA that I know of; 5) if QT has control of the funds and I doubt if the DOJ is going to allow withdrawls from seized funds in EUROs what are they going to with the funds that cannot be sent to Euro accounts? 6) Does anyone else have any ideas. I guess, I will aleast take a look after July 1 to see if they really have my funds in their control. I still think a one time check would be easier for US players to get their funds.
Does anyone know how to set an EURO account? My research indicates need offshore account with a sizeable investment, which, I can’t do. Is there an another way?
I just spoke with USBank’s international division. they say that you can open an account for euros that has an IBAN number here in the US. not sure if will work, but it might be worth checking into.
better than paying out thousands of dollars…..