Updating deposit card

Is there a reason why you want to delete a worthless old card from your account?

presumably he means he can't delete it as the deposit method?

Betfair are going to ask for what they want in order to comply with whatever stupid policies they have. Since you may not have withdrawn the 200 back to the method, it has probably something to do with the funds not going back to the source. Which means you will not be able to withdraw money in future until and unless you send 200 back to this card.

They probably need to see the bank statement to know that the new card represents the same bank account as the old card?

All very well, buy Why?
Life's too short.

I believe the "same card" rule is to do with the prevention of money laundering.

Not sure I understand what the OP means. For me every four years or so when my card expires I have to register a new one and make a deposit. I always deposit a fiver and withdraw a tenner to make sure it's working. Never had a problem.

presumably they can tell that the card hasn't expired, as it was prematurely cancelled by his bank and have queried the account.

Never thought of that dave. I think you can register more than one card at a time although I've never done it.

@OP It doesn't matter whether life is too short. Or if you don't care. You clearly care enough to have the card deleted, which you haven't explained why.

Assuming you haven't withdrawn these 200 back to the same card, you depositing money with a payment method and then asking for it to be deleted has money laundering written all over it. Because tomorrow you are going to withdraw it to another bank account. Money laundering laws don't really like such transfers of funds.

You can ignore it for now but I can guarantee once you withdraw money, Betfair will ask you to first withdraw 200 to the old card. You'll then tell them that it doesn't exist to which they will ask you for, you guessed it, the bank statement. Then you will have to arsed even if you can't be arsed now.

My tip. Do what they tell you to do.

I am in the same mess as the op

The bank cancelled my card in error then issued me a new one. B/F wont allow me to withdraw to my new one.

I will contact b/f...they are holding on to a lot of my money illegally

THe only money laundering going on is the banks themselves, nobody else.

Nov 18, 2019 -- 7:32PM, UBLE/REGY wrote:

I am in the same mess as the opThe bank cancelled my card in error then issued me a new one. B/F wont allow me to withdraw to my new one.I will contact b/f...they are holding on to a lot of my money illegallyTHe only money laundering going on is the banks themselves, nobody else.

Sorry if I'm being dumb but have you tried depositing and then withdrawing on the new card?

isint there a second card option, never been an issue for me.

Sorry if I'm being dumb but have you tried depositing and then withdrawing on the new card?

I have, I can only withdraw on my new card, the money I deposited with it

all the rest of my other money b/f are holding onto illegally

THe only money laundering going on is the banks themselves, nobody else.
True. And they want it to stay that way, hence the money laundering laws. You want to transfer money you do it through banks not third party financial services.

Nov 18, 2019 -- 7:38PM, UBLE/REGY wrote:

Sorry if I'm being dumb but have you tried depositing and then withdrawing on the new card? I have, I can only withdraw on my new card, the money I deposited with itall the rest of my other money b/f are holding onto illegally

Sorry to hear that. No idea then. As I said above I always test by depositing a fiver and withdrawing a tenner.

Nov 18, 2019 -- 7:38PM, UBLE/REGY wrote:

Sorry if I'm being dumb but have you tried depositing and then withdrawing on the new card? I have, I can only withdraw on my new card, the money I deposited with itall the rest of my other money b/f are holding onto illegally

No they're not. I'll try to make it simple for you.

You have every right to withdraw that amount back to its source right now.
You can do it. But the card doesn't exist.
So you can only withdraw it to the new card. For that you just need to show the card is connected to exactly the same bank account.
You can do that with a bank statement or a letter from the bank.

Make sense?

bank statements dont tend to have card numbers on them

card may have account number on, so you may need to upload photo of card showing account
number and match it to your statement, and current details.

its a pain innit, and in no way prevents money laundering, but it may solve your problem

give them a ring, find out which hoops you need to jump through.

Sorry but I don't understand any of this. I have had accounts with most of the major bookmakers and have never had a problem with withdrawing funds even when my accounts have been closed as they are now. Not once was I asked for any proof - put money in bookies close account and take money out. No issues whatsoever.

Yes he just needs to send a proof of that card connected to the same bank.

Charlie its about funds going back to the same source. You deposit money using one method you withdraw it back to the same method. Period.

Exceptions are possible. But you need to provide evidence so that exception can be made.

Thanks dt I can sort of see it now.

I think it is account security as well.  Charlie's "deposit from the new source and then withdraw everything to that new source" has been used to completely fleece a hacked account.

Yes Betfair sell it as a security measure with money laundering laws written in the fine print.

Nov 18, 2019 -- 8:12PM, dave1357 wrote:

I think it is account security as well.

Not sure what went on there but Charlie's "deposit from the new source and then withdraw everything to that new source" is not what I said.

thank you detraveller..if only b/f saw it your way???????

I will give it a another try after the football has finished

Actually its not bad at all the way they say it. If someone hacks your account and tries to withdraw the money they can only do it back to your own bank account.

But of course there's no protection against them placing bets or doing some other fraud I may not be aware of.

Nov 18, 2019 -- 8:20PM, Charlie wrote:

Not sure what went on there but Charlie's "deposit from the new source and then withdraw everything to that new source" is not what I said.

I always deposit a fiver and withdraw a tenner to make sure it's working.

this is what you said.  I'd frankly be surprised if any system that allowed you to do that had any limit on withdrawals ie everything could be withdrawn from that new method.

This has been used in the past usually ewallets to strip out accounts.

Actually its not bad at all the way they say it. If someone hacks your account and tries to withdraw the money they can only do it back to your own bank account.

yes but have also cloned your card................ ta ra money

@dave What he meant to say was the he checks if the withdrawal is working/allowed before he deposits and eventually withdraws bigger amounts later. Of course you can withdraw more money than you deposit. Its called withdrawing your winnings or being a profitable trader as some like to call it. Stuff of legend though not many of us can associate with stuff like that.

illuminate are everywhere

Nov 18, 2019 -- 11:43PM, detraveller wrote:

@dave What he meant to say was the he checks if the withdrawal is working/allowed before he deposits and eventually withdraws bigger amounts later. Of course you can withdraw more money than you deposit. Its called withdrawing your winnings or being a profitable trader as some like to call it. Stuff of legend though not many of us can associate with stuff like that.

I've done that with every betting account I've ever had. I've never had a losing account. Obviously I've had to wait to be in profit before I withdrew money but I always did it as soon as I could to see if there was a problem - this includes the sign-up offers. I have never had a problem and never been asked to submit documents to prove I was who I said I was. Only proviso is that I only had accounts with major bookies. There were some lesser bookies, in the last couple of years, where they said you had to provide proof of who you were before you opened an account. I always contacted them to ask if this was true and when they replied it was I never opened an account with them.

If you open any account now they have to ID you before accepting any bets.  They may be able to do this through a credit agency. I think BF do that.

I have no idea about that dave. I haven't opened a new account for a few years and doubt very much if I will ever open a new account again. Since I've been with with betfair (which has been a while) I've always had the same account number with same sort code, a different address a couple of times and obviously a few different card numbers but never had any problem.

I do/did update my details when they change.

Has anyone had issues with the “redirection” process ? Apparently the redirection process allows funds to be refunded to an account via a cancelled card ,think the redirection process was extended recently to something like 3 years ,so an old card should be able to be used to withdraw on here snd find its way to account ,prob is though the length of time the bank takes to put the money in your account ,some banks seem to rip the pish and hold onto funds fore ever and a day before giving it to its rightful owner.Like the ATM scam that if you don't take your money from machine in allotted time and it gets taken back into atm it was then stolen ,was not returned to account unless you asked for it back ,a very shady mob well worth the watching imo.

So I've been issued a new debit card because the old one is about to run out, should I be ok from this hassle?

FINE MO

Thanks peckerdunne

I'd be very surprised if there's any hassle bigmo. Please let us know either way.

Will do Charlie.

Whatever you do Bigmo withdraw funds to your old card then removed card and then deposit with new card.
Funny with such a trivial amount that it's money laundering, bet JP McManus or the
Coolmore Mafia don't have the problem.
Can't say I've had a problem with Amazon and Paypal,nor when I lost my debit card a year ago
and followed the same procedure.