Post
Topic
Board Exchanges
Re: MtGox withdrawal delays [Gathering]
by
CompNsci
on 25/09/2013, 02:54:19 UTC

Note that the 5% is a bank fee.

...

Bank problems is a much more plausible explanation.


Firstly, we don't really know who collects the 5%, just that it is charged.

This may well be a combination of both problems. There is no evidence of any USD withdrawals being processed after 12 June, so the "10 withdrawals a day"  is likely false or actually applies to the 5% manual option. I suspect they have no working banking relationship right now for the old style ABA wire transfers, but are hoping one will materialize.