Some of my partners experienced certain issues with Webtransfer lately, like not being able to issue loans or withdraw their money.
There have been a lot of updates coming out of Webtransfer lately, and a lot of chatter in the support forum. All of it is in Russian unfortunately and not accessible to international users. I'll give a short summary of what is happening.
Recently there were incidents where WT issued double withdrawals to a few users by error. Most users, obviously didn't return the money. Now WT is doing a big change to the system to avoid this issue in the future. There is a script running through all the user accounts dividing money in your wallets into two categories - "Funds" and "Affiliate Funds". There's a big confusion as to what "Affiliate Funds" are - some on the forum say that those are commissions that you get from your Junior partners, some say that those are all the money that you earn in any way (other than depositing them from your bank account - those are your "Funds"). The latter definition seems true considering what I see in my own wallet.
While this script is executing, the Affiliate Funds are frozen. What that means is that you cannot withdraw them, cannot lend them, cannot do anything. You can however withdraw your own "Funds" at any time with no restrictions, as well as lend them out, etc. This is a temporary situation. We are asked to not panic and patiently wait for the updates.
There will be new rules set for Affiliate Funds. Most importantly, you will only be able to withdraw money from your Affiliate Funds only on the first and third Friday of each month. It is recommended that you place your withdrawal request 72 hours before one of those days.
That's the whole story for now. Hopefully more clarifications are going to follow over the next few days.
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