Bitcoin Forum

Economy => Trading Discussion => Topic started by: shtylman on June 12, 2012, 04:10:52 AM



Title: Minimize your third party dependence through Free Bitfloor ACH
Post by: shtylman on June 12, 2012, 04:10:52 AM
For those struggling with MtGox Dwolla withdraws and have concerns, I would suggest checking out our ACH withdraw option. We do direct deposit into your US bank account without going through a third party money transmitting service like Dwolla. We dispatch payments directly from our US bank accounts ensuring that your funds only go between your Bitfloor account and your bank account.

Questions and comments are always welcome. Anyone currently using the service is free to leave feedback and testimonials about their experience :)


Title: Re: Minimize your third party dependence through Free Bitfloor ACH
Post by: Stephen Gornick on June 12, 2012, 05:22:46 AM
Is there a cutoff time for ACH withdrawals, where prior to the time they are submitted on the same day?


Title: Re: Minimize your third party dependence through Free Bitfloor ACH
Post by: shtylman on June 12, 2012, 05:29:49 AM
Is there a cutoff time for ACH withdrawals, where prior to the time they are submitted on the same day?

ACH withdraws are processed twice daily (morning batch and evening batch). Depending on when we receive the request, we will dispatch it through our ACH provider. We can't provide a hard time on when they are submitted to the ACH network as that is up to the provider. From current customer experience customers get their funds within 1-2 business days of making a withdraw request.