Bank of Cyprus warning
It is no big secret that I advertise Internet casinos, which have a difficult time paying US banks. So, I had been using the Laiki bank in Cyprus, which I have fully disclosed to the US government. In March, 2013, there was a run on the banks on Cyprus and I ended up losing 82,000 Euros. My other 100,000 Euros was moved to the Bank of Cyprus. I was restricted to withdrawing that 100,000 a little at a time. I still have 15,000 Euros in "old money" in there. Meanwhile, the bank reassured account holders that after the "haircut" that new money was safe and could be withdrawn without restriction or delay. Otherwise, who would put money in?
Reluctantly, and lacking better options, I sent in new money. They had no problem accepting these deposits. However, when I asked to withdraw this new money on April 29 nothing happened for a week. I asked why and they asked me for payroll documents, which was the kind of thing they previously only asked for regarding withdrawing "old money." So I sent them. Then they asked a whole slew of other questions about my business. I answered them all honestly, to no reply, and am still waiting.
It has now been 16 days since my withdrawal. This seems at best unfair that they decide to undertake an account review as soon as I make a large withdrawal. At worst, it seems like the kind of stonewalling that might happen if they were in financial trouble again.
In other news, I spent most of my funds at hand for the update you see on the Odds site. Maybe it is that this is a slow time of year or just bad variance, but revenue actually went down after the site update. So, we're trying some new advertisers for traffic outside of North America.
Meanwhile, my US funds are running dangerously low. If the Bank of Cyprus doesn't make good on my withdrawal soon I will have to seriously consider selling my house and/or my sites. Add to all this that my father died on April 25. I just don't know what I'm going to do.
Extremely selfish personal plea: don't sell your sites!
I know there have previously been suggestions made by others about making some features on WOO available by subscription only. If you did so, you can count on me to sign up. Or, if there are other ways that are suggested to raise funds, count me in.
APQuote: WizardDay 16. It just keeps getting worse and worse for me.
It is no big secret that I advertise Internet casinos, which have a difficult time paying US banks. So, I had been using the Laiki bank in Cyprus, which I have fully disclosed to the US government. In March, 2013, there was a run on the banks on Cyprus and I ended up losing 82,000 Euros. My other 100,000 Euros was moved to the Bank of Cyprus. I was restricted to withdrawing that 100,000 a little at a time. I still have 15,000 Euros in "old money" in there. Meanwhile, the bank reassured account holders that after the "haircut" that new money was safe and could be withdrawn without restriction or delay. Otherwise, who would put money in?
Reluctantly, and lacking better options, I sent in new money. They had no problem accepting these deposits. However, when I asked to withdraw this new money on April 29 nothing happened for a week. I asked why and they asked me for payroll documents, which was the kind of thing they previously only asked for regarding withdrawing "old money." So I sent them. Then they asked a whole slew of other questions about my business. I answered them all honestly, to no reply, and am still waiting.
It has now been 16 days since my withdrawal. This seems at best unfair that they decide to undertake an account review as soon as I make a large withdrawal. At worst, it seems like the kind of stonewalling that might happen if they were in financial trouble again.
In other news, I spent most of my funds at hand for the update you see on the Odds site. Maybe it is that this is a slow time of year or just bad variance, but revenue actually went down after the site update. So, we're trying some new advertisers for traffic outside of North America.
Meanwhile, my US funds are running dangerously low. If the Bank of Cyprus doesn't make good on my withdrawal soon I will have to seriously consider selling my house and/or my sites. Add to all this that my father died on April 25. I just don't know what I'm going to do.
I assume you mean that your Bovada income is down since that is the only advertising on the site. Do you think it has something to do with the placement of the banner? I think it was mentioned in the other thread when the new site went live that it is kind of hidden. When you go to the site the banner is below the important things. If you are going there for a calculator, the link is up top and you never look down any further for the ads. I would change it so the ad is more visible.
Have you tried to have your attorney contact the bank? If you know a stock broker or a financial advisor, they may have some advice to offer.
Quote: WizardDay 16. It just keeps getting worse and worse for me.
It is no big secret that I advertise Internet casinos, which have a difficult time paying US banks. So, I had been using the Laiki bank in Cyprus, which I have fully disclosed to the US government. In March, 2013, there was a run on the banks on Cyprus and I ended up losing 82,000 Euros. My other 100,000 Euros was moved to the Bank of Cyprus. I was restricted to withdrawing that 100,000 a little at a time. I still have 15,000 Euros in "old money" in there. Meanwhile, the bank reassured account holders that after the "haircut" that new money was safe and could be withdrawn without restriction or delay. Otherwise, who would put money in?
Reluctantly, and lacking better options, I sent in new money. They had no problem accepting these deposits. However, when I asked to withdraw this new money on April 29 nothing happened for a week. I asked why and they asked me for payroll documents, which was the kind of thing they previously only asked for regarding withdrawing "old money." So I sent them. Then they asked a whole slew of other questions about my business. I answered them all honestly, to no reply, and am still waiting.
It has now been 16 days since my withdrawal. This seems at best unfair that they decide to undertake an account review as soon as I make a large withdrawal. At worst, it seems like the kind of stonewalling that might happen if they were in financial trouble again.
In other news, I spent most of my funds at hand for the update you see on the Odds site. Maybe it is that this is a slow time of year or just bad variance, but revenue actually went down after the site update. So, we're trying some new advertisers for traffic outside of North America.
Meanwhile, my US funds are running dangerously low. If the Bank of Cyprus doesn't make good on my withdrawal soon I will have to seriously consider selling my house and/or my sites. Add to all this that my father died on April 25. I just don't know what I'm going to do.
Sorry about the troubles you are having. That sucks.
You mention the revenue on WOO. I don't know how much real feedback you have gotten besides people here patting you on the back, but in my opinion the new layout and look are terrible. I have definitely reduced my visits there. The old design was easy to navigate and looked clean. The new version seems cluttered and like a poorly designed wordpress site (not sure if it is using wordpress or not).
I would seriously consider some changes to make it friendlier to the eye. I know someone spent some time on it, so I apologize to them for the criticism.
ZCore13
Quote: Zcore13Sorry about the troubles you are having. That sucks.
You mention the revenue on WOO. I don't know how much real feedback you have gotten besides people here patting you on the back, but in my opinion the new layout and look are terrible. I have definitely reduced my visits there. The old design was easy to navigate and looked clean. The new version seems cluttered and like a poorly designed wordpress site (not sure if it is using wordpress or not).
I would seriously consider some changes to make it friendlier to the eye. I know someone spent some time on it, so I apologize to them for the criticism.
ZCore13
I'm not complimenting the new site just to make anyone feel better, I genuinely like it better. So far I've found what I've been looking for without any problem. I think it looks cleaner, more polished, and all around an improvement.
