CCBill: An intermediary bank is required..??
 

Suddenly CCBill stopped wire transfers and demands intermediary bank information..?
Can somebody explain to me what it is? We always received our payments without this information so why do they need it now?

Good question. Why don't you ask them?

:1orglaugh:1orglaugh people love to make threads not ask the questions to the right people

I asked but communicating with CCBill is one mail per day. Was hoping to get a quick answer here.

It's a forum - It's kind of the point...

:2 cents:

Still no answer...

I guess as usual they are shitting bricks about something not that imortant, ccbill is the most anal retentive processor... It has probably to do with the 60 minutes report on money laundering... If they do not answer, ask your Maytag man.:thumbsup

Just dump them and go to Verotel...

I come across this problem all the time at Dating Factory with international wires.

Some smaller banks cannot do bank wires and use what is called an intermediary bank to process them. If you use a smaller, local bank, bank wires have to go through a larger bank and then have those funds transferred to your local bank. The larger bank is called the intermediary bank.

However, in my experience, bank wires using an intermediary bank rarely work properly and are rejected.

Receiving was not a problem before and I use the same international bank for years. Very frustrating...

For now it seems be with EU banks only as far as I read before.

There was a big thread here on GFY about it but I dont know what the title was.

Thanks, I will do a search session :)

the modern world has abandoned checks and wires work flawlessly.

just saying

I had Epoch do this with one of my international bank accounts.... they had been fucking me around for the last 12 months so I slowly just ran it down and moved stuff else where.

Dave

I always had to use intermediary. Maybe some changed on your bank end, someone bought bank and integrated in other system?

:2 cents::2 cents::2 cents:

I would advice this:
1 - Contact your bank, and ask them what intermediary bank (if any) they use, when reciving Money from the US
2 - When you have that info, you contact CCbill

intermediary bank's is what many small banks use to save them from a lot of problems with both checks and wires. 4-5 years ago one of my banks closed their US office, and then I had to go through the same shit with every partner :(

I spend 50+ hours writing mails back and forth to 20+ contacts. I'm glad that is over since I now only work for a fixed hourly fee, and its the customers problem to pay me.

Update:
Still no wire received..
REASON: NOT FATF COMPLIANT

Have no idea what that means...

FATF-GAFI.ORG - Financial Action Task Force (FATF)

Governments have treaties looking for tax evasion, money laundering and terrorism funding.

An intermediary bank is a transfer agent for other banks -- they are usually large money center banks with an international presence.

Welcome to 2016 ...

That's what I would probably do as well.

I did get the info but it was not enough :(

So, it is a 2016 thing? Received CCbil payments on the same ( Dutch ) account like clockwork for years!

Haven't had this come up either, getting CCBILL & Epoch wires to Europe without an intermediary. No issues at all. Probably happens with smaller banks only.

Might be a good idea to open an account at a bank that's under the umbrella of a large chain, to avoid such issues.