The claims administrator in charge of reimbursing American victims of Full Tilt Poker has announced that the first round of remission payments will begin Friday, February 28.
Players may have seen a zero-dollar transaction on their account, though not all banks post these types of test transactions—so players that have completed and filed their petitions on time are encouraged to inquire with their banks as to the existence of the test transactions.
Pokerfuse can confirm that at least some of the test transactions are labeled as being received from PokerStars.
Petitioners that have the zero-dollar test transaction posted to their accounts, or have had their bank confirm its existence, will receive a confirmation email from the GCG on Monday, February 24 or Tuesday, February 25 with the amount of their payment that is expected to be made on Friday.
The Garden City Group is reporting that not all of the test transactions were successful. Petitioners that supplied incorrect or incomplete banking information have had the test transactions fail.
In those cases, the GCG has emailed with instructions on how to update their banking information online. These players will have until March 13 to provide complete and accurate banking information. The GCG will mail checks to the addresses on file for those players that do not update their banking information prior to the March 13 deadline.
Players that have been contacted by the GCG and asked to update their banking information will receive payment in the second round of payments. As of today no date has been announced for the second round of payments.
Those that believe they have a valid claim to file a petition for reimbursement and have not done so are encouraged to file a petition on the GCG website.