Hey anyone know how long currencyfair transfers take?
Hi Currencyfair operate UK office hours only.
So don't try as I did and transfer over the weekend.....
But it is a great service when open (Customer service excellent too)
And miles cheaper than a SEPA transfer from your bank to € to destination.
Timeline of my experience
------------------------------
Monday am -> From my UK Bank, £ exchanged for € -> Sent to Bitstamp via SEPA
Tuesday am and the deposit arrived @ bitstamp and they convert it $
about 26 hours and 6% fees (Currencyfair+Bitstamp)
So reasonably painless
The 6% may be less if more is transferred
(I've done this once only so am no expert)
If the bittylicious.com price settles, (Currently about 8.8% over gox, the OP said it should be aprx 5%)
Then this is a miles simpler, instant alternative. (About 20 mins from Bank to 1st confirmation)
So volume would dictate how far you go to save 2.8%