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?