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Author Topic: Dwolla now purposely delays USD withdrawals from Bitcoin exchanges  (Read 6921 times)
toffoo
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April 26, 2012, 05:47:11 AM
 #21

Ok, hopefully this was just a one-off problem rather than a new normal.

After going back and forth a few times first with the exchanges and then with Dwolla customer support, they finally got back to me today without any explanation and said "the problem has been resolved" and it has.


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cryptoanarchist
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April 26, 2012, 03:52:59 PM
 #22

I'm so glad I already wrote those fuckers off.

Any time an organization tells you they can change their terms of service without notifying their customers - RUN!
EuSouBitcoin
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April 27, 2012, 06:05:23 PM
 #23

I see that BitFloor has officially dropped Dwolla as a method of deposits and withdrawals. BitFloor has now added PopMoney as a method for deposits. Are there any other bitcoin exchanges that use PopMoney? I have a feeling PopMoney could turn out to be another Chase QuickPay, see
https://bitcointalk.org/index.php?topic=11494.0
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April 28, 2012, 03:05:45 AM
 #24

BitFloor has now added PopMoney as a method for deposits. Are there any other bitcoin exchanges that use PopMoney? I have a feeling PopMoney could turn out to be another Chase QuickPay, see
https://bitcointalk.org/index.php?topic=11494.0

Ya, I remember a trader on #bitcoin-otc getting burned pretty bad from Popmoney transfers gone bad.

I don't know of any other exchanges that accept it.

dirtydiego
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May 03, 2012, 06:34:00 AM
 #25

yup having major issue with this as well. What would normally take exchanger to dwolla 2 hours to confirm is now 3-4 days.....
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May 03, 2012, 07:14:42 AM
 #26

What would normally take exchanger to dwolla 2 hours to confirm is now 3-4 days.....

Dwolla account-to-account transactions are instantaneous.  There is no "confirm".  Are you possibly indicating instead a delay where the exchange (such as Mt. Gox) is hitting systematic limits with Dwolla and therefore is not able to send the money for 3-4 days?

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May 03, 2012, 08:29:49 AM
 #27

What would normally take exchanger to dwolla 2 hours to confirm is now 3-4 days.....

Dwolla account-to-account transactions are instantaneous.  There is no "confirm".  Are you possibly indicating instead a delay where the exchange (such as Mt. Gox) is hitting systematic limits with Dwolla and therefore is not able to send the money for 3-4 days?

this could be it right here, but still there is no excuse for how long their bank transfer are taking also!
pcexpress4less
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May 15, 2012, 11:33:53 PM
 #28

I sent money from MT.GOX to Dwolla on the 8th and received it at Dwolla on the 14th. The withdraw for Dwolla to my bank was less than 24 hours. Here is the email for MT.GOX explaining the delay.

 

Mt.Gox Support, May 10 10:30 (JST):
Hello xxxx,

Unfortunately, due to huge volumes of Dwolla withdrawals, we are unable to complete your withdrawal at the moment and it would take up to 6 business days for the transfer to be processed. However, if you would like to have your funds returned to your Mt.Gox account, please let us know and we will cancel it. Please let us know how you wish to proceed. Our apologies for the delay and inconvenience caused.

Thanks,

MtGox.com Team

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May 17, 2012, 01:45:31 AM
 #29

I just looked... I withdrew a couple hundred from Dwolla on 5/9 and it was posted to my bank balance on 5/10.   Another on 4/24 arrived on 4/25. 

Not sure how it'll work now, w/ their new ToS.

My only problem has been it taking up to 10 days to transfer from MtGox to Dwolla.

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Mt.Gox_Natalie
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May 18, 2012, 06:52:17 AM
 #30

I just looked... I withdrew a couple hundred from Dwolla on 5/9 and it was posted to my bank balance on 5/10.   Another on 4/24 arrived on 4/25. 

Not sure how it'll work now, w/ their new ToS.

My only problem has been it taking up to 10 days to transfer from MtGox to Dwolla.

It is now taking around 6 business days for Dwolla withdrawals to be processed provided that the amount is below 10,000 USD.  If you have any questions about your transaction, please contact Mt.Gox Support at support@mtgox.zendesk.com or submit a ticket at https://support.mtgox.com/home and we will help you look into this. 
cryptoanarchist
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May 18, 2012, 01:27:23 PM
 #31

The "buys" at InterSango and CBX continue to shrink. Could Dwolla be to blame?
dirtydiego
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May 23, 2012, 08:59:56 AM
 #32

I just looked... I withdrew a couple hundred from Dwolla on 5/9 and it was posted to my bank balance on 5/10.   Another on 4/24 arrived on 4/25. 

Not sure how it'll work now, w/ their new ToS.

My only problem has been it taking up to 10 days to transfer from MtGox to Dwolla.

It is now taking around 6 business days for Dwolla withdrawals to be processed provided that the amount is below 10,000 USD.  If you have any questions about your transaction, please contact Mt.Gox Support at support@mtgox.zendesk.com or submit a ticket at https://support.mtgox.com/home and we will help you look into this. 

not true amounts as low as $200 are taking 6 business days or more now! ?
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May 23, 2012, 04:20:21 PM
 #33

pretty much.

i get all my $$ from mtgox to the bank account in 1.5 weeks.


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