Post
Topic
Board Exchanges
Re: MtGox withdrawal delays [Gathering]
by
trdiablo
on 23/01/2014, 22:48:56 UTC
ok so my first withdrawal was processed in yen to my japanese account from the 7th january on the 22nd january. still 2 more outstanding on later dates but at least its paying out still. panic over. 2/3 week delay estimates are correct. goodluck

Good to hear, by that measure, mine should get done Friday or early next week, fingers and toes crossed Smiley

I just had a JPY withdrawal from 5 January go through.  Still waiting on withdrawals from 13 and 14 January. 

As far as I know, there has been no credible explanation for the delay (besides some rubbish about "holidays"?!).

Don't want to get caught out when the music stops. Still, at 15% arbs perhaps it is worth the gamble... ? It is just that, though: gambling on the financial health of MtGox.

* Withdrawals

All withdrawals will be sent through the MtGox Polish bank account and will involve a 1% fee with a minimum of 5.5 PLN

Please note the following rules :
- It is not possible to withdraw less than 10 EUR.
- Withdraws lower than 100.00 EUR are on average take less than a week.
- It takes at least a month on average for withdrawals larger than 10,000 EUR
- Withdrawals greater than 50,000 EUR need to be split it into multiple transfers or you can use the International Wire payment method.
- Due to the volume of withdrawals requests, each customer is currently only allowed 1 withdrawal every 20 days (estimate)
 Situation as of 16th January 2014: We are currently processing withdrawals requested 3 weeks ago. (Users with several withdrawals in the queue must take the 20 day rule above into account)