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Author Topic: Anyone had a success withdrawing USD from MtGox via wire?  (Read 1951 times)
coga
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May 19, 2012, 02:36:12 AM
 #1

Their site says 1-2 days, but it's been 3 already and nothing arrived. I opened a ticked at support, but no answer yet.

Not to alarm anyone, but have anyone tried this in recent past, and what was a result?

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Bigpiggy01
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May 19, 2012, 03:56:37 AM
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The norm is 3-5 business days and remember that if you send in a request at some obscure hour Japanese time it probably won't be processed until the next day.

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May 19, 2012, 04:16:28 AM
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I think mine was like 4 days and ended up being $60 in fees (their bank, my bank, and interim bank).  I likely won't do that again.

I mean the whole point of a wire is near instant transfer.  High fees and slow access Huh
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May 19, 2012, 04:36:18 AM
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I mean the whole point of a wire is near instant transfer.  High fees and slow access Huh

Thank CITI for that as most (at one point around 80% not sure on current numbers) SWIFT transfers get routed via them. Westpac in Australia for example wire my bank, Bank of China, directly in 1 business day and at lower fees than most of the other major banks.

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May 19, 2012, 04:52:05 AM
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I think mine was like 4 days and ended up being $60 in fees (their bank, my bank, and interim bank).  I likely won't do that again.

Back in the days when they had HSBC in Hong Kong, I have sent them a 100 USD wire from a bank in Poland, and the total cost where:
3.00 USD - my bank
5.40 USD - their bank

8.40 USD total.

No intermediary charges, although it went though The Bank of New York Mellon (BNY Mellon) - the only USD intermediary of my bank. BNY Mellon seems to be an intermediary of a lot of banks, did anyone also see them on a list of intermediaries of your bank, and got charged no fees by them on a wire? Or I was just lucky? Or the sum was small?

coga
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May 19, 2012, 05:20:45 AM
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The norm is 3-5 business days and remember that if you send in a request at some obscure hour Japanese time it probably won't be processed until the next day.

According to this: https://support.mtgox.com/entries/20490576-withdrawals-and-deposits :

Quote
Banking and other payment methods:

* SEPA Euro transfers (WITHIN 1 business day - NO FEE)
* International Wire Transfer in USD (WITHIN 1 to 2 business days - NO FEE)

so, you are saying, this is not true?

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May 19, 2012, 07:24:16 AM
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The details you're quoting there are for using AurumXchange not for using Mt Gox directly.


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April 10, 2013, 06:45:32 AM
 #8

Bringing up an old question:

What is the best way to get USD out of Mt.Gox and into a US bank account (or suggestion?)
How long to transfers out from Mt.Gox take to reach your hands / us account?

THANKS!
coga
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April 10, 2013, 02:20:12 PM
 #9

Bringing up an old question:

What is the best way to get USD out of Mt.Gox and into a US bank account (or suggestion?)
How long to transfers out from Mt.Gox take to reach your hands / us account?

THANKS!

Dwolla worked well lately for under $1000

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lucky1064
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April 10, 2013, 06:41:59 PM
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Thats good to hear.

For $1000 or less what transfer time do you see from Dwolla to a "real" bank in the US.
(One where you can actually go visit / take your money, spend it on stuff etc)

Are we looking at hours there also - or days?
coga
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April 10, 2013, 08:18:06 PM
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Thats good to hear.

For $1000 or less what transfer time do you see from Dwolla to a "real" bank in the US.
(One where you can actually go visit / take your money, spend it on stuff etc)

Are we looking at hours there also - or days?

MtGox to DWOLLA (lately) has been hours for me. When there are no problems, which isn't always a case.

DWOLLA will ACH money to your bank - so days after that. if you initiate transfer before noon, ACH has a chance to arrive next morning, and depending on your arrangements with bank, could be spent immediately

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jerethdaminer
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April 10, 2013, 08:46:35 PM
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how about £ whats the best site way to trade coins for cash (sounds like a bad gameshow)
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