Unlike wire transfers, ACH transfers can be recalled. So be careful when you want to do trades with ACH stuff. Even international/domestic wire transfers can sometimes be recalled too.
I have read mentioned in other threads that a 72 hour waiting period is necessary to ensure the funds cannot be reversed. I would be willing to allow a 3-4 day waiting period before I expect the coins if it would help quench some of the fears of reversal.
Thanks.
Post
Topic
BoardCurrency exchange
Topic OP
Buying BTC for USA ACH Transfer at Bitstamp + 7%
by
thesandman
on 21/04/2014, 07:00:13 UTC
I am buying bitcoins with USA Business ACH Transfers. I am paying Bitstamp last + 7% for the time being but I am open to suggestions/negotiations.
Order Minimum: $250 Order Maximum: $10000
The first time we do business it may take 5-7 days for the transfer to arrive. After the first transaction, it may take 2-3 days. Rest assured, I don't expect the coins until you can see the funds in your account.
I accept escrow of your choosing (within reason) and I will send first if you have sufficient reputation.
All I need to initiate the transfer is your name, account number, and routing number.
Let me know if you have any questions.
Thanks.
Post
Topic
BoardBeginners & Help
Re: Unconfirmed Coins in my Bitcoin QT
by
thesandman
on 05/11/2013, 19:10:23 UTC
It just means the transaction from the poor isn't done verifying yet. 6 confirmations can take anywhere from 30 minutes to a couple hours. On average though it will take about an hour.