There have been people posting for months that youteller is affiliated with neteller therefore the confusion has already been established.
I think neteller is just giving them an opportunity to change their branding before laying the hammer down. They will lose on the basis that it is confusingly similar and registered in bad faith with the intent to profit on the neteller name.
This is a great website for disputes involving trademarks and domain name disputes etc.. http://www.chillingeffects.org
Now my opinion of youteller 
– It is simply is not a viable solution to problems in the United States. The DOJ allegedly interfered with payments via automated clearing houses.. This is 55 million dollars in a matter of a few days. Youteller, if they are indeed licensed, is very limited per the small e-money issuer licensing agreement. Maybe I’ve read the application wrong, but it seems that they have to meet all of the following requirements.
The first condition applies if:
(1) the small e-money issuer does not issue e-money except on terms that the electronic
device on which the monetary value is stored is subject to a maximum storage amount of
not more than 150 euro; and
(2) the small e-money issuer’s total liabilities with respect to issuing e-money do not (and will
not) usually exceed 5 million euro and do not (or will not) ever exceed 6 million euro.A20 The second condition applies if:
(1) paragraph (1) of the first condition is met;
(2) the small e-money issuer’s total liabilities with respect to the issuing of e-money do not (or
will not) exceed 10 million euro; and
(3) e-money issued by the small e-money issuer is accepted as a means of payment only by:
(a) subsidiaries of the small e-money issuer which perform operational or other ancillary
functions related to e-money issued or distributed by that small e-money issuer; or
(b) other members of the same group as the small e-money issuer (other than subsidiaries
of that small e-money issuer).A30 The third condition applies if:
(1) paragraph (1) of the first condition and (2) of the second condition are met; and
(2) e-money issued by the small e-money issuer is accepted as a means of payment, in the
course of business, by not more than one hundred persons where:
(a) subsidiaries of the small e-money issuer which perform operational or other ancillary
functions related to e-money issued or distributed by that small e-money issuer; or
(b) those persons have a close financial or business relationship with the small e-money
issuer such as a common marketing or distribution scheme.
And finally at the end of the form they ask this: A40 Have the relevant provisions referred to in A10 to A30 been met throughout the YES NO
reporting period? (please tick appropriate box)
I know that I’m ranting right now, but it’s twenty five cent pint night at the pub tonight, and I’m a little wasted. (yeah..I live in texas, and I use the word pub..dated quite a few scottish women LOL)
as always, just my two cents.