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Author Topic: Dwolla may only be used in connection with United States Financial Institutions  (Read 533 times)
sgravina (OP)
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October 25, 2012, 04:02:10 PM
 #1

The title is a direct quote from the Dwolla terms of service.

Quote from: Dwolla Terms of Service
...
Dwolla may only be used in connection with United States Financial Institutions: User funds must originate at a United States Financial Institution, and Dwolla will only instruct Veridian to transfer funds to a United States Financial Institution associated with the appropriate Dwolla User.
...

This paragraph prevents using Dwolla for MtGox (not a US institution) Withdrawals.  Why then does depositing money from MtGox into Dwolla still work?
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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October 25, 2012, 04:03:43 PM
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They have a bank in the US.
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