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The edit button appears to be broken so let me explain what I mean by "hard to believe".. It's not that I think you're doing anything shady, but if my bank is collecting interest on the money I have in my account, then surely a company like yours is doing the same right? I mean, I doubt you guys are profiting on the transfer fees alone.
The problem I see though is that if you are collecting interest on funds that the account owner cannot access.. that can indeed be perceived as shady business practice.
IMHO, what you should do is follow the same procedures as other financial type institutions... require identification upon creation of the account, and funds can be neither received or sent until the owner of the account verifies is.
This would solve a lot of problems like in this thread... imho anyway
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