Post
Topic
Board Exchanges
Re: MtGox withdrawal delays [Gathering]
by
sturle
on 15/08/2013, 14:43:28 UTC
Do you have a reference for computer systems?
I cannot find it at this moment, I thought it was on this thread but apparently not as I don't find it. I believe many of you remember the quote from some 3 days ago Gox talking about SWIFT limits and second biggest bank in Japan in the same sentence.
Yes, and I can not remember any mention about overloading computer systems.

Btw, Japan is a very large and developed economy, very different from the developing economies in the rest of Asia.  Most of the economic activity happens within Japan's borders, and most foreign trade is done by large companies buying and selling products in bulk.  10 SWIFT transfers a day isn't much, but I can believe MT's claim of that being more than most companies in Japan.  Toyota don't send a SWIFT transfer for each foreign part in each car.  They buy large shipments in bulk, and probably send payment for much less than 10 foreign orders a day by average.