You know... now that I think about it I've never heard any of the other processors say that our money is held in an escrow account... thereby guaranteeing our funs. The Dutch are famous for their banking laws... which protects the privacy of the banker and the funds. Here's an exerpt off Verotels website:
Verotel knows how important the money stream is for you as a webmaster: you want to make sure that you always receive your payouts. Verotel is using Dutch trade law to ensure that your money is kept safe, and is legally not in the hands of Verotel, but those of a third party: a 'foundation third party money' (in Dutch: Stichting Derdengelden).
Such a foundation works in exactly the same way as an escrow account in certain foreign countries: all incoming money from our acquiring partners arrives in the escrow accounts, and Verotel pays you directly from the escrow accounts. Only the Verotel Charge, the amount of money that Verotel charges for its services is taken from the escrow account on a weekly basis. The 'float' always remains in the escrow account and belongs to you!
Another reason I feel secure with Verotel :francais:




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