Does anyone know if it takes just as long to get goxbux out of gox/AUD?
is it only Us dollars which are the problem? or does that extend to Australian goxbucks too?
I have a friend who initiated his withdrawal about 7 weeks ago, AUD in his account to an Australian bank.
I told him to just buy back in 2 weeks ago but he really needs the cash.
Does anyone have any knowledge of how long swift transfers take from stamp to AU?
And in case anyone is thinking, my friend is not me, I am 100% in BTC.
This is the wrong thread for this but I wanted to answer.
If your friend paid the 5% service fee for 'manual withdrawal method', it will take a few weeks (it was 1-2 weeks when they first initiated this alternate method, it took 3 weeks for my AUD withdrawal w 5% fee about 2 months ago, and by now it may be over a month - and this is for the 'expedited' method with 5% fee.)
If your friend isn't paying 5% for the manual method, his withdrawal will have gone into the swift queue. Last I heard they were up to withdrawals from about July. They do 10 Swift withdrawals a day and I imagine they prioritise the largest ones if this is the case. So standard swift withdrawals without 5% fee are unlikely to be processed in under 6 months to a year, using reasonable assumptions about queue length. I believe this problem will only be fixed if and when Gox gets licensed as a banking entity, a process it has begun, but that could take 6-18 months. For this reason I don't use Gox anymore (FWIW I do believe they are solvent).
Please forgive the OT post.