Just like you, I suspect that Visa and Mastercard are treating every offshore forex transaction as if it’s supporting a criminal enterprise. If that’s how they see the situation, then they are probably intent upon cutting off every means of money transfer between US traders and their offshore brokers, and that would include debit transactions, as well as credit transactions. And presumably, it would also include money transfers to other intermediaries, such as Vload.
But, the operative word here is suspect.
It certainly appears that Visa and Mastercard are totally in bed with the Nanny State regulators, cooperating with the regulators without any degree of push-back.
But, I’m no expert on credit card company operations, so I can’t speculate on how Visa and Mastercard view their rights, their risks, and their vulnerabilities, when it comes to supporting or resisting regulator overreach.
If I understand what you are currently dealing with, your bank and your broker are both unable to explain the failure of a money transfer – both of them assuring you that they are not the cause of the failure.
That means that (1) Visa and/or Mastercard is the problem, and (2) there is no transparency in this process – the credit card companies are not being forthcoming about what they are doing and why, leaving you, your bank, and your broker without an explanation.
And that’s a pretty crappy way to run a financial services business.