Quote from: nafai on July 29, 2011, 05:45:57 PM

Quote

Check - instant upon receipt via the postal service

So I could get my money deposited and available for use within approx 24 hours if I sent you a personal check using Next Day mail (fedex for example)?

You don't wait for the check to clear?

We do not accept regular checks for deposit, but only certified checks, international money orders, cashiers checks, tellers checks.

Quote from: indio007 on July 29, 2011, 05:51:28 PM

What bank are paper checks drawn on?

I will find out for you

Quote from: Mousepotato on July 29, 2011, 05:56:56 PM

Quote from: RuthBPaxum on July 29, 2011, 05:32:45 PM

Quote from: nafai on July 29, 2011, 05:25:14 PM

I have a question: I heard it takes up to 7 business days for a deposit to clear paxum and then get into mtgox/tradehill. Why so long? Dwolla is only 3 business days. (even that is too long if you ask me, considering they already verified my bank account my making deposits to it)

We offer the following options for deposit:

Wire - takes 3-5 business days
Check - instant upon receipt via the postal service
EFT (ACH) (US Only) - 5-7 business days
P2P transfer (from another Paxum client) - instant

We will be adding more funding/withdrawal options soon, and we are currently working with our provider to decrease the time on our EFT loads.

What about going the opposite direction? What if I sold BTC and then withdrew the funds from MtGox->Paxum->Checking. How long would that take?

Same amount of time in the opposite direction.

For withdrawal we have the following options:

Wire - takes 3-5 business days
Check - takes as long as the postal service takes to deliver to your area
EFT (ACH) US Only - 5-7 business days
To an already existing credit card - 5-7 business days
To Paxum Mastercard - instant

Quote from: John Smith on July 29, 2011, 05:57:28 PM

Quote from: RuthBPaxum on July 29, 2011, 05:32:45 PM

We will be adding more funding/withdrawal options soon, and we are currently working with our provider to decrease the time on our EFT loads.

It's great how fast and active you guys (and gals) are with replying here.

We're here to help our clients. Thanks for your support!