Quote:
Originally Posted by holograph
thanks Ruth.
5-7 business days is very very inconvenient in this day and age. i know, you'll recommend wires, but they are an overkill for anything below few grand with you.
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From what I can gather, typically for EFT/ACH withdrawals it takes about 3-4 business days to deposit to your bank account. That's fairly standard for about 99% of cases, however some customers do experience a slightly longer wait for delivery of the funds to their bank account.
For loading funds, due to fraud prevention features in place with the 3rd party processor, it generally takes 5-7 business days for the funds to arrive to your Paxum account.
In relation to your other question regarding the EFT/ACH documentation. If you have already been approved for ACH in our system, then you will NOT have to redo the documentation.
If you're unhappy with this timeframe, and you don't want to use wire withdrawal, we do also offer check withdrawal as an option.
Thanks!
