Post
Topic
Board Legal
Re: Mt.Gox Multi-plaintiff Suit
by
raskul
on 22/02/2014, 22:44:09 UTC
The delays in fiat withdrawals continue, particularly for USD. Since these are not properly disclosed (or even the need to pay the 5% fee for a "manual withdrawal") on the website
The reason for the 5% fee is explained very well.  They can't send from their normal bank, and have to transfer the funds via domestic transfer first.  This makes two currency exchange fees at 2.5% each, which is a common currency exchange fee in Japanese banks.  USD -> JPY -> USD.  You are obliged to cover the bank fees (see the ToS).  You can find the currency exchange fee the multi-currency trading FAQ.


the 5% is fair if ye want yer money