Happy Epass FryDay!

[cd34]

Originally Posted by bDok

Good morning. So this epass thing. What if you have a bank account linked up with them. Can't you transfer the money in and out that way.

My understanding is that they had two bank accounts or some partnership agreement with the bank that gave them Visa privileges. The bank that was holding the money for the Visa side lost their ability to process with Visa. If you have money in the Wallet, you can send money to people or pull it out to a US checking account or have it wired. If it is in the Virtual Visa account, that money cannot be moved anywhere -- ATM, Visa, to your Wallet, etc.

As far as I know the partner bank which whitelabeled Epassporte's Visa portion hasn't lost their charter, they have only lost the ability to process with Visa. So, the money should still be there. Getting it moved from the Visa side to the normal side may take some time since the bank needs to convince people that all of the accounts belong to people and aren't used for money laundering, etc.

I suspect the amount stuck in that bank equals the production deficit for the movie Middle Men. haha I read somewhere, $20m budget, $787k in domestic ticket receipts.

With that said, hopefully everyone has a good Friday and good Holiday weekend.