Quote:
Originally Posted by RK
I?m surprised there have been no responses to this yet.
The fees look reasonable and the countries list is great.
The determining factor is ease and speed of transfers, which remains to be seen.
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Indeed and we are working hard with our banking partners to make sure the transfer process is smooth, quick and as error-free as it can be (with banks, there might always be a delay here or there of course).
Basically the first time you add a new bank account, there will be a paypal-like process of confirming two random micro amounts to prove the account is yours. That should help as from that point forward we know the account information is good, making transfers quicker at the bank level.
Withdrawing though I can state is supposed to be a less than 24 hours process. Funding is a little longer as we have to confirm the money as received to credit the account, but still should be much faster than wire, which from our own experiences with epass and others sometimes takes up to two weeks to finally get credited to our account.