Post
Topic
Board Exchanges
Re: MtGox withdrawal delays [Gathering]
by
User705
on 20/09/2013, 18:45:04 UTC
I guess it's possible that my overall balances somehow make me a preferred customer but are you trying to say Gox isn't?  So two possibilities exist.  Either they are doing it on purpose and lying about limits that don't exist or their bank really put in those limits because they see their money flows and balance sheet and think they are at risk.  Both scenarios are a bit worrisome.

...
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.

You either have very limited experience of banking or have preferential access due to substantial wealth, either way, bank transfer limits are very real for the rest of us.