Post
Topic
Board Exchanges
Re: MtGox withdrawal delays [Gathering]
by
sturle
on 23/10/2013, 08:00:08 UTC
I even asked them to just convert my Sterling to EUR because allegedly SEPA transfers would be faster - but they can't do that even at the market rate + a fee. Then for SEPA transfers too they say it would take at least 20 days for the payment to clear.

Every currency at Mt Gox obviously has a problem - which means the company is in trouble.
The SEPA delay is caused by high volume and the EU Payment Service Directive limiting MtGox to 3 million EUR worth of transfers within Europe each month.  PLN is included in this limit.

I got word of a GBP wire transfer from August arriving in September, btw.  I tried to make the recipient report the details here, but he hasn't.  I can understand this perfectly well.  As soon as you report good news here you are dismissed as a MtGox shill, and many people want to keep their economy private.