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Of course, you'd still have access to games again, but better to lock down someone's ability to purchase from you again, than deal with a customer threatening to sue or do chargebacks.
If Australia wins that thing against Valve, it's also likely Valve will just cut off selling to Australians, period. So it'll be yay victory... oh poo we can't buy anything from Steam anymore because all of Australia is blocked from the Steam sites.
Afterall Valve does not /have/ to sell to Australia, no company is legally obligated to provide a service to country they don't want to serve.
If they have already replied, then just reply back that the charges have been there for 3 week and still have not been removed.
Also, I suggest contacting your bank and asking them to verify those as holding charges. Sometimes they can get "stuck" inside the system.
@Spawn: Already tried that... I have close relations with my bank. No refunds had been made. Even my bank is asking about it since I am calling them everyday.
It is not a refund. A hold is something the bank does. The verification "charges" are not actually charged, but a message sent by Valve's system to test the card and make sure it is real.
This places a small amount (usually $1 to $2) on hold, sending a confirmation to Valve. As Valve will never claim the funds, it is not a charge. The banks system will typically wait 3-5 business days before automatically removing the hold.
As there was no charge, there will be no refund.
You need to specifically say to the bank "Is this a full charge or is it a holding charge?". Your bank should be able to tell the difference.
This article explains a similar action:
https://support.steampowered.com/kb_article.php?ref=8727-EPSC-9228&l=english