Anyone from bitstamp to comment on this? It has been 6 days
What kind of SEPA transfer? Withdrawal, deposit? How much? Are you verified? do you have 2FA?
It a SEPA withdraw, nothing serious 200 USD, I have been verified for months now, answered KYC 2 months ago, and I do have 2FA. I just wanted to test the withdrawal time, but seems there is a problem with them. A month ago everything was going smoothly, transactions never got "in process" for this long, it was max 2 bussines days. And it's 5 now, and no one from support is answering. For me, it is kind of an alarm, since we all know how it was with gox
If bitstamp is running on fractional reserve (which I don't believe, i think they are honest), each aditional day they keep the money could help cover their "fraction".
Lets assume their fiat transfer volume is 10Mio$ a day. Then each day delay in fiat processing (deposit and withdrawal) could cover a hole of 10Mio$. Lets compare this to mtgox. If they had 42 day delay in withdrawal (6 weeks, which was about the time i think) it would have covered a hole of 420 Mio US$ at mtgox. Thats about the dimension of the financial hole they really had... (coincidence?)
But again: I don't think bitstamp is running on fractional reserve.