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Jan 10th 2007
Debit Cards In a Nutshell/ Loyal Bank does not take in E-gold anymore
Exchangers, Ecurrency, Debit CardsTags: Debit Cards, Loyal Bank.
Please ignore all the reviews I have written for gCard, Cash-Evo, Uniclear as they’re part of NYCC. I’ve tried looking around and emailed some of the companies to see whether are they still doing any debit card fundings, so we’ll wait. If anyone is interested on the cease and desist order blog entry, it’s here.
I’ve heard about Loyal Bank taking in E-gold months back and has confirmed with an official reply.
Dear Sir,
Thank you for your message.
We regret to inform you that we no longer offer to our clients the e-gold exchange service.
Should we be of any help, please do not hesitate to contact us.
Popularity: 3% [?]
Don’t you feel like somebody is VERY busy at work trying to reduce E-gold’s growth possibilities, trying to restrict them as much as possible?
uh huh. It’s scary just to think of it
Well, the company got bankrupt and it was NOT forced to shut down by any government. The cease and desist order months back has nothing to do with this situation!
See the official report here: http://www.kpmg.ca/cu-connect
Loyal bank was offering a e-gold exchange service in the past, but this was a long time ago, this is not new , they have never allowed to transfer funds directly from e-gold to the card although londongoldexchange was issuing loyal bank debit cards that you could load with e-gold with them, this was a londongoldexchange operation not loyal bank and I dont know if they still have the same program.
Thanks for letting me know. I actually had this confirmed as I came across LGX site on Loyal Bank.
I think they’re still funding the cards at this point.