Cashing out USD credits that didn't come from the Lindex.
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Walker Moore
Fоrum Unregular
Join date: 14 May 2006
Posts: 1,458
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01-21-2009 03:57
I credited a few hundred US dollars to my account with my CC last year -- enough to cover 12 months of tier on land I own. I sold that land earlier than I expected, and there is still a couple of hundred dollars on the account, but I don't login enough (less than once a month) to spend that kind of cash in-world. Unfortunately, it appears I can't cash out USDs sourced in this way (note the block caps): "Note that you may only process credit due to net proceeds from sales of Linden Dollars. PURCHASES OF ACCOUNT CREDITS and credits due to gift codes or other promotional account credits ARE NONREFUNDABLE, and may not be processed as a payment to you." So, my question is: May I spend the entire USD balance on Lindens, and sell them again, so that I may cash out? What worries me is that this may look like a suspicious activity to the RiskAPI, and I will end up losing my money and getting my account cancelled.
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It's only a forum, no one dies.
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DancesWithRobots Soyer
Registered User
Join date: 7 Apr 2006
Posts: 701
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01-21-2009 04:05
I don't see any reason you can't do that. But you're going to take a hit from the Linden cut.
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Ciera Spyker
Queen of SL
Join date: 25 Mar 2008
Posts: 424
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01-21-2009 04:06
good point, I have a few hundred thousand linden I need to get out as well now. Been lagging doing it but its time I think. I'll watch the above question closely.
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Porky Gorky
Temperamentalalistical
Join date: 25 May 2004
Posts: 1,414
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01-21-2009 04:07
From: Walker Moore So, my question is: May I spend the entire USD balance on Lindens, and sell them again, so that I may cash out? What worries me is that this may look like a suspicious activity to the RiskAPI, and I will end up losing my money and getting my account cancelled. Yep buying the L$ then selling them on Lindex would allow you to cash out. I guess it may look suspicious but your actions would be totally legal and in line with the TOS so i would be suprised if your account was cancelled. The worst that may happen is that its suspended pending an investigation. But I don't think that is likely. If you are really paranoid then buy your L$ in Lindex, transfer them to Xstreet and then cash out from xStreet into paypal.
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Porky Gorky
Temperamentalalistical
Join date: 25 May 2004
Posts: 1,414
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01-21-2009 04:08
Oh yeah LL just bought XStreet so they are no longer independent. Might as well sell on Lindex if thats your preffered method.
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Phil Deakins
Prim Savers = low prims
Join date: 17 Jan 2007
Posts: 9,537
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01-21-2009 04:08
It's not relevant to you Ciera. You can sell the lindens with no problems. But if you suddenly acquired them, you would likely meet a problem.
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Ciera Spyker
Queen of SL
Join date: 25 Mar 2008
Posts: 424
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01-21-2009 04:10
If you are really paranoid then buy your L$ in Lindex, transfer them to Xstreet and then cash out from xStreet into paypal.[/QUOTE]
correct me if Im wrong but as of this morning I dont think that works anymore?
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Porky Gorky
Temperamentalalistical
Join date: 25 May 2004
Posts: 1,414
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01-21-2009 04:17
From: Ciera Spyker correct me if Im wrong but as of this morning I dont think that works anymore? Yep, should have engaged my brain before the fingers started typing.
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Walker Moore
Fоrum Unregular
Join date: 14 May 2006
Posts: 1,458
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01-21-2009 04:21
From: DancesWithRobots Soyer I don't see any reason you can't do that. But you're going to take a hit from the Linden cut. Yeah, that will only total a few dollars (I think), so I'm not bothered about that. (I'm a bit rusty re cashing out and associated fees because I haven't done it for over a year.) @Porky: I did consider cashing out with SLX, but then I saw the news this morning. My timing leaves a lot to be desired apparently. @Ciera: I got nowhere with Live Chat a few weeks ago regarding this issue, but have just opened a support ticket. I'll add any new info to the thraed, including what happens when I finally try to cash out. (Which will hopefully be within the next week.) And @Phil: That's exactly what concerned me!
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It's only a forum, no one dies.
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Oryx Tempel
Registered User
Join date: 8 Nov 2006
Posts: 7,663
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01-21-2009 08:10
Hi Walker!  Sounds like it would be easiest (albeit roundabout) to buy L$. I can't imagine you'd get dinged for that sort of purchase. Last I did purchase L$, it was for around USD 200, and nothing bad happened.
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Walker Moore
Fоrum Unregular
Join date: 14 May 2006
Posts: 1,458
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01-21-2009 09:50
Hi Oryx! Oh, nothing will go wrong if I buy $Ls, but selling them so that I can cash out the USD would present a problem. The Linden who responded to my support ticket advised me not to do that, but did go on to provide more help. I'm afraid to elaborate any further here until (if!) I get my money back. Uh. Lesson learned anyway. Never pay tier twelve months in advance because circumstances change. 
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It's only a forum, no one dies.
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LittleMe Jewell
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Join date: 8 Oct 2007
Posts: 11,319
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02-02-2010 18:38
From: Brenda Connolly It would be better if Walker did it. But you are right. How's this? From: Walker Moore  It's only a forum, no one dies. /me waves to Mac and Gabby and Cybin and all the others that the closing is dragging out of the lurking woodworks.
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♥♥♥ -Lil
Why do you sit there looking like an envelope without any address on it? ~Mark Twain~ Optimism is denial, so face the facts and move on. ♥♥♥ Lil's Yard Sale / Inventory Cleanout: http://slurl.com/secondlife/Triggerfish/52/27/22 . http://www.flickr.com/photos/littleme_jewell
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LittleMe Jewell
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Join date: 8 Oct 2007
Posts: 11,319
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02-02-2010 18:39
From: Walker Moore Yeah, that will only total a few dollars (I think), so I'm not bothered about that. (I'm a bit rusty re cashing out and associated fees because I haven't done it for over a year.) @Porky: I did consider cashing out with SLX, but then I saw the news this morning. My timing leaves a lot to be desired apparently. @Ciera: I got nowhere with Live Chat a few weeks ago regarding this issue, but have just opened a support ticket. I'll add any new info to the thraed, including what happens when I finally try to cash out. (Which will hopefully be within the next week.) And @Phil: That's exactly what concerned me! OMG - You came back. And just after I went and dug up a pic and sig to post. 
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♥♥♥ -Lil
Why do you sit there looking like an envelope without any address on it? ~Mark Twain~ Optimism is denial, so face the facts and move on. ♥♥♥ Lil's Yard Sale / Inventory Cleanout: http://slurl.com/secondlife/Triggerfish/52/27/22 . http://www.flickr.com/photos/littleme_jewell
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