Post
Topic
Board Exchanges
Re: MtGox withdrawal delays [Gathering]
by
sturle
on 20/09/2013, 08:04:33 UTC
Someone called their bank in Poland and asked about their limits.  It is somewhere in this thread.  Finding a good bank for a Bitcoin business is hard.
I guess I'll look but again I've never heard of a limit on transactions by a bank.  Now their bank may be holding deposits for certain time and they can't send out withdrawals because of that.   It's called a liquidity crunch but I just can't see a hold on incoming wires longer then 7-10 days.
I have a limit in my bank as well.  I don't usually reach the limit.

Their limit is 120k EUR/day.  I have no idea why the limit is so low.  They are really sending that much, and the situation has in fact improved for SEPA.  In May a SEPA withdrawal took 5 weeks, and I don't think anyone believe MtGox were in a liquidity crunch in May.