What is going on with First Choice?

[LoonaVision]

As you have understood we are currently in a liquidity constrained position. This made us suspend loading prepaid cards and executing wire transfers. At this time we are gathering and analyzing the information we received from the card program managers.


Our aim is to return funds to card holders by wire transfer. I cannot give you a reliable timeframe for that at this point. Once I do I will inform you immediately.


Please also note that funds on cards will be available until 30th of June. I recommend to take these funds of the card as soon as possible.

 

[pallino]

My CB account is set up for wire transfers and I have not received my daily payout from two weeks ago.

i want too wire transfer from cb, but i have no choose this method because lot's models write on internet that have problems...
i have try paxum yesterday for the 1° time
models write delay in payments from chaturbate to paxum in this days
they have no receive payment of 30 april
I hope cb have no problem.... but yesterday model have receive payments from chaturbate to epayments

 

[avantgart]

Perhaps they mean to wire those funds to some new bank of fpc and then fpc will distribute it to us...or to payoneer...:/ only my whishes...
If we could ask someone from fcp that who is at upper position then automated support...

 

[LoonaVision]

As you have understood we are currently in a liquidity constrained position. This made us suspend loading prepaid cards and executing wire transfers. At this time we are gathering and analyzing the information we received from the card program managers.


Our aim is to return funds to card holders by wire transfer. I cannot give you a reliable timeframe for that at this point. Once I do I will inform you immediately.


Please also note that funds on cards will be available until 30th of June. I recommend to take these funds of the card as soon as possible.

I asked few times if wire is the only option, and the answer was yes, I explained that my bank gonna think I’m some kind of criminal if they send me that wire.
Ad said he gonna think about it. So, I guess let’s wait.

 

[pallino]

I asked few times if wire is the only option, and the answer was yes, I explained that my bank gonna think I’m some kind of criminal if they send me that wire.
Ad said he gonna think about it. So, I guess let’s wait.

if you don't want be criminal no problem, say they i'm happy to receive your money, i'm disponible

 

[pallino]

My teacher of life is Berlusconi, i'm ready to take all

 

[Pennyless]

As you have understood we are currently in a liquidity constrained position. This made us suspend loading prepaid cards and executing wire transfers. At this time we are gathering and analyzing the information we received from the card program managers.


Our aim is to return funds to card holders by wire transfer. I cannot give you a reliable timeframe for that at this point. Once I do I will inform you immediately.


Please also note that funds on cards will be available until 30th of June. I recommend to take these funds of the card as soon as possible.

Looks like Payoneer / Firtschoicepay and their employees knew a lot more way before us about what was going on or even provoked it.
They held back this info to us and that's unacceptable.

 

[Pennyless]

Perhaps they mean to wire those funds to some new bank of fpc and then fpc will distribute it to us...or to payoneer...:/ only my whishes...
If we could ask someone from fcp that who is at upper position then automated support...

I don't have any problem with a bank wire for big amounts of money but in your case they could perhaps transfer it to a payoneer account and from there distribute it to you. Payoneer owes you at least something like this after all the trouble caused. Payoneer closed their Firstchoicepay completely I'm afraid.

 

[Guest]

Looks like Payoneer / Firtschoicepay and their employees knew a lot more way before us about what was going on or even provoked it.
They held back this info to us and that's unacceptable.

They should give us 30 days But no notification nothing.. They are doing the things in to Much quiet .

 

[bbbosic]

 

[LoonaVision]

I saw on Twitter that models complain they can’t use their cards now. And FCP promised that money on card are available till June 30. Another failed promise

 

[bbbosic]

I saw on Twitter that models complain they can’t use their cards now. And FCP promised that money on card are available till June 30. Another failed promise

Where? In another tweet than the one I posted here above? They are just rumors.

 

[Sophiestique]

I still havent tried to receive payment with cosmo but other models also said chaturbate told them to wait 5 days i think , when you received your money from MFC with cosmo you just take the money from any atm with the card they send you? Sorry if my question is dumb just want to be sure because everyone are saying different and im getting confused

Hello. Used the same ATM i was using with fcp. But the card is mastercard and would work to any ATM that is marked with MC sticker. As for the conversion rate to my curency it looks better than fcp. Not sure yet tho. Will need more withdraws to check it.

 

[Sophiestique]

I wish i could have this luxury of opting out of it ,as i dont trust this method either

I wi

Thank you for your reply.
And are the funds loaded on your card ? If yes, How long did it actually took for the funds to get on to your account ?

Yes funds load automatically on card. Didnt get any email to say frunds are being sent to my card to set a time frame but for sure didnt take more than 1-2hrs tops after MFC proccesed payments.

 

[LoonaVision]

Where? In another tweet than the one I posted here above? They are just rumors.

I just search random posts on twitter regarding fcp

 

[avantgart]

I just received replay mail from ad kees, he is fast.
I asked him for considaration for other transfer methods and told him about negativ result that wire may cause...he told me that he is aware and that this subject has already been asked by others, and he will consider it and will let us know within few days...

Its Always feel nice when you get non automate response these days

 

[LoonaVision]

I just received replay mail from ad kees, he is fast.
I asked him for considaration for other transfer methods and told him about negativ result that wire may cause...he told me that he is aware and that this subject has already been asked by others, and he will consider it and will let us know within few days...

Its Always feel nice when you get non automate response these days

I mean if we wanted those money in our banks, wouldn’t we just ask direct wire transfer from site? The fact we chose payoneer(since no one ever asked us if we want to be part of FCP) means we never wanted those money landed in our banks.

 

[Nicky2000]

Hopefully there will be another solution. I can do with wire, only have $6500 with fcp, but its always a risk to suddenly receive money from an offshore bank. And in my country you never know if your bank is going to report you for suspicious activity.

 

[bbbosic]

I just received replay mail from ad kees, he is fast.
I asked him for considaration for other transfer methods and told him about negativ result that wire may cause...he told me that he is aware and that this subject has already been asked by others, and he will consider it and will let us know within few days...

Its Always feel nice when you get non automate response these days

I asked him too. I got an answer within 20 minutes. Great help. I also pointed out the consequences of wire transfers. Maybe if more people ask him about this he changes his mind. On the other hand, there are not many options because the partnership with the mastercard Is definitely over. Can you imagine an international bank without mastercard? It is useless.

 

[Chriss]

For people with bank problems in their country,
I asked FCP Escalation Team if when the funds will become available if they can wire the funds to a Payoneer account and give us a prepaid card to withdraw like before at an Atm...

If you believe this is a good idea just ask them the same thing!

I think this would be just perfect for the majority of us!

Also Payoneer already works with two different banks!

 

[DJ_Pioneer]

I mean if we wanted those money in our banks, wouldn’t we just ask direct wire transfer from site? The fact we chose payoneer(since no one ever asked us if we want to be part of FCP) means we never wanted those money landed in our banks.

Why don't you want the money in your banks? To me that seems way safer considering we have banking regulations in Europe so things like what happened with Choice bank is less likely to happen.

 

[dark_mermaid]

Why don't you want the money in your banks? To me that seems way safer considering we have banking regulations in Europe so things like what happened with Choice bank is less likely to happen.

I have the feeling, because then the earnings could be detected by tax offices. I will not judge anyone, but avoiding taxes is hardly in the responsibility of payment processors or camsites.

 

[Chriss]

Cayman Islands dudes

 

[bbbosic]

Why don't you want the money in your banks? To me that seems way safer considering we have banking regulations in Europe so things like what happened with Choice bank is less likely to happen.

Because a wire transfer from an offshore bank in Belize with a big amount of money is suspicious. Bank will ask you the source of this money (money laundering, anti-terrorism). Can you prove your earnings on Chaturbate? Where are the invoices? Most banks are also not "adult industry" friendly and can close your account. It's possible they give your information to authorities who will investigate your past and future transactions.

 

[isitgoneforver]

I have the feeling, because then the earnings could be detected by tax offices. I will not judge anyone, but avoiding taxes is hardly in the responsibility of payment processors or camsites.

You know, each country is different. In some countries camsites/adultsites/porn/etc are in the "grey area" (not explicitly legal or illegal) or even prohibited. So, banks might flag and report it(for this kind of wire transfer) on so many levels, so the taxes will be the last thing you care about.

 

[Nancy08]

You know, each country is different. In some countries camsites/adultsites/porn/etc are in the "grey area" (not explicitly legal or illegal) or even prohibited. So, banks might flag and report it(for this kind of wire transfer) on so many levels, so the taxes will be the last thing you care about.

I am just wondering did first choice pay allow for wire transfer now ? Or it's just a rumour?

 

[isitgoneforver]

I am just wondering did first choice pay allow for wire transfer now ? Or it's just a rumour?

That's what VP of Choice Bank said. He mentioned wire transfer as a possible solution.
But it's still in progress. Nothing has been announced yet.

 

[bbbosic]

It seems Paxum allows third-party wire transfers to their accounts: https://www.paxum.com/fees/personal-account/

Account Funding by Wire from your own account (USD) $50.00
Account Funding by Wire from 3rd party (USD) 1%, min. $50.00

I read Choice Bank is considering sending the money to an account in the name of the customer. So it's not a 3rd party wire transfer. Maybe Paxum is a good backup plan but we need more information (limits). Too bad I don't have a Paxum account at the moment.

If it's not going to be a third party transfer than even sending the money to cryptocurrency exchanges is possible I think.

Of course the best solution is sending it to Payoneer. We need to push them to this solution.

 

[DJ_Pioneer]

Because a wire transfer from an offshore bank in Belize with a big amount of money is suspicious. Bank will ask you the source of this money (money laundering, anti-terrorism). Can you prove your earnings on Chaturbate? Where are the invoices? Most banks are also not "adult industry" friendly and can close your account. It's possible they give your information to authorities who will investigate your past and future transactions.

On the first and the second question I would say yes as you would only have to show that the money was paid out by Chaturbate. In Scandinavia how much we earn and pay in taxes are already public information so I don't see why it would be a problem if the authorities checked where the money came from.

 

[isitgoneforver]

if it's that easy in your Scandinavian progressive democracy, it doesn't mean it's the same for everyone around the globe, right?