Moving USD in and out of exchanges

[jtphenom]

Hi folks,

I keep reading that moving USD from one exchange to another is "painfully slow".

How slow is that? Are we talking 30 min.. 3 hours, days, weeks?

Can I get more specifics on this, please?

Thanks!
J

[beetcoin]

i'm not an expert on this, but i believe if it's an ACH transfer it takes up to 4 days?

i know mt gox is the worst, so maybe even longer with them.

[jtphenom]

Anyone else have input here? I've asked this question 3 times in various threads, and so far I have got ONE reply. Is there a reason everyone is so quiet about this?

[haldir]

I've read that Mt.Gox can take weeks or even months but they just got approved to double their daily withdrawals from their bank so things should be getting better for them. I don't know about others like Coinbase or Bitstamp.

[grux]

Coinbase is shaky, they like to mark most transactions as suspicious. So if rate goes up and in the few days between payment, coinbase is likely to cancel.

[WayTooGosu]

Many sites do make it painfully slow to move around USD. I think it is a security precaution they have to take.