Oh I know about the ACH times, I commented on waiting on paypal to get the funds to my bank only as a comparison to how fast you got my funds to my paypal. Funny thing about ACH... they can pull the money instantly from your bank, but it takes half a week (and with fireworks day and the weekend coming, it will be a full week!) for them to put it back in.

But no, the reason I did not initially set up for ACH through Bitsimple, and I mean no offense by this, but I wasnt about to put my bank account into a site that seemed too good to be true. After seeing the quick performance, I am now reconsidering that position.

I wanted a way to exchange BTC for USD that didnt involve sending my ID and Soc# off (no one gets that number, period). Bitsimple sounded too good to be true, but the replies I've seen by their support staff in this thread made me think they were worth a chance, so I gave them one.

I signed up, verified paypal (wasnt giving them my bank info) and moved a tiny amount of coin through them. 2 hours later it was in my paypal. So then I moved a whole bitcoin through them, which is also now sitting in paypal. All within a few hours. Now I need to wait a week to get it from PP to my bank! I wanted to ask how long it normally takes, as someone had an unanswered open question on their support page for over a month. I tried the live chat and went 40 minutes waiting for someone to "be with me soon..." that I gave up when I saw the payment go through.

My one caution is about the withdrawal fee. Theres no warning of how it actually works, but it is subtracted from the amount you withdraw, not added to it. My initial deposit converted to $15 and change, and when Iw ent to withdraw it there was a 30 cent fee. I had over $15.30 so went ahead. What actually happened was it sent $14.70 to my paypal. A minor annoyance to be sure but if anyone from Bitsimple reads this, you might want to put a "total to be sent" field on that page so people can take the fee into account when choosing how much to pull out. Knowing this when I went to withdraw the whole coin worth, I just withdrew all available.

So a fairly big (for me anyway) transaction went off without a hitch. I wont say you can trust these guys blindly and their support section needs some work and attention, but the service itself seems fairly solid and worth a chance. You certainly have less to lose than one of the sites that demand your soc#. I've not tried to verify my bank info but I'll be doing that soon to skip PP in the future.