I don't think they have financial problems.
crypto withdrawals are always fast.
I just think they have a very poor bank for wire/sepa withdrawals. So try to avoid this.
nope!! it's completely not a problem of their bank. in my case, and also some people's case, the status of the withdrawal requests remain "pending" which means these requests are still on process by either CEX's finance team or compliance team. and yes! they are still asking me about where your fund came from.....etc. still remember that at the beginning,
2 DAYS right after i submitted the withdrawal request, because the withdrawal still remained "pending" so i submitted a support ticket to ask how it is going. Ok! they did reply me within 2 hours, but they said that they usually take ONE day to process bank transfer, transaction may take 2-3 up to 20 banking days for BANKING SYSTEM to process with the payment.
OK.... I wait. after another
2 DAYS, i submitted a ticket to ask about the "pending" means the transfer is now processing by the bank or still in their hand. NO REPLY. next day submit ticket again, NO REPLY!!
right after
4 DAYS!! after i submitted ticket once a day. they replied the ticket and merged all related tickets into one. a supervisor said that he will escalate this matter to the concerned department. someone in charge will get back to me. 6 hours after, finance team explained me that due to their strict KYC and AML rules of compliance department, they gotta conduct additional verification of the transactions i made.
i soon sent all documents they required within 1 hour.
then guess what,
ANOTHER 4 DAYS PAST!!!!!!!!!! no any further replies until nearly the evening of that day i submitted ticket to ask what's going on with all these. they finally replied and ask me for further documents. OK i gave within 1 hour.
2 DAYS again!!! they ask for further documents........... i gave within 2 hours.
now guess how many days this time gonna take?..........
in brief: at first, they said the delay was due to the bank processing.(means that they had already sent the money out and it is being processed by bank). after 8 days! they start to ask for further verification for their own KYC & AML policies(which means the money is still with them, all along!!!).
Are they really so busy??? or they slow all these down on purpose??? due to what reasons??