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Author Topic: Mt.Gox to US bank - avr time  (Read 768 times)
lucky1064 (OP)
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April 10, 2013, 10:05:23 AM
 #1

Follow up to question below.

What is the  fastest method to move USD from Mt.Gov to a US Bank?
Is Dwolla the best. 

How long does it take from:  MtGox to  Dwolla (2 hrs?)
Then from Dwolla to you/your bank (??)

Thanks!
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Stephen Gornick
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April 10, 2013, 04:08:29 PM
 #2

Follow up to question below.

Your question will vary based on a few factors including how much you are transferring, is your account verified, what day of the week is it, what hour of the day is it, the size of the payout queue, the size of the support queue if there is a problem, the color of "the developer"'s socks, and more.

If you are asking for International wire, that will always be at best about a half day because of the difference in time zones.

For the transfer from Mt. Gox to Dwolla, that can range from very quick (hour to several hours range).     Once they do the send though the Dwolla transaction (an account-to-account A2A transaction) is instant.   

Then your withdrawal from Dwolla is about two business days, assuming you've already linked a bank account to your Dwolla account.  They may do a hold if they decide to require your identity (upload a photo of your driver's license).

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lucky1064 (OP)
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April 10, 2013, 06:28:20 PM
 #3

I guess the - From dwolla back to a US bank - is the time frame I'm wondering about.

I'd rather not pay the fee for a bank wire and just hand the banks $$$ Smiley

So that leaves a normal banking electronic transfer from Dwolla - and you guys are saying
That takes 2-3 days typically? 

Has anyone found any to be faster?
A Chase account better than Citi, than BoA, etc?

Just want to find the best way to do it.  Thanks for the help!
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