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Post by picanto on Aug 7, 2019 8:05:37 GMT
Normally Kuflink have been quite quick with processing withdrawals and the money arrives in my bank account the next working day. However, I withdrew last month's interest on the 1st August and still not received any E-mail saying the withdrawal has been processed. I'm aware it can take up to 5 working days but that hasn't been the case in the past, anyone else still waiting for their withdrawal to be processed?
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oldtimer
Member of DD Central
Posts: 211 
Likes: 156
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Post by oldtimer on Aug 7, 2019 9:03:49 GMT
I requested an interest withdrawal on the 2nd August and have not yet received it. They are always slow in my experience whereas most platforms take 24 hours at most. Maybe they only do withdrawals once a week. It is not really good enough.
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Post by gravitykillz on Aug 7, 2019 9:31:01 GMT
I just checked mine and I also have not received anything. Made my interest withdrawal on the 01/08/19.
This is concerning stuff.
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sussexlender
Member of DD Central
Cheat seeking missile
Posts: 550
Likes: 916
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Post by sussexlender on Aug 7, 2019 9:47:48 GMT
Morning Kuflink.
You really must answer these questions to put investors minds at rest.
Usually you are really on top of this type of issue. Please deal with it today.
Regards, SXLR
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Post by gravitykillz on Aug 7, 2019 10:15:59 GMT
Just spoke to kuflink on live chat they said it takes 5 working days. So I should get mine by cob tommorow. Its ridiculous I know !
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benaj
Member of DD Central
N/A
Posts: 5,591
Likes: 1,735
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Post by benaj on Aug 7, 2019 11:15:40 GMT
Just spoke to kuflink on live chat they said it takes 5 working days. So I should get mine by cob tommorow. Its ridiculous I know ! Mine was 4 working days, may be up to 5 working days. It's not the fastest, but not the slowest I experienced in the other platform with the extra intervention of FCA.
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Post by gravitykillz on Aug 7, 2019 12:44:34 GMT
Crowd property was the most impressive. They do INSTANT withdrawals!
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amwinv
Member of DD Central
Posts: 198
Likes: 282
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Post by amwinv on Aug 7, 2019 14:03:51 GMT
I paid some money in a few weeks/a month back and it also took about 5 w/days. They're just incredibly slow and inefficient like that. Nothing major to worry about, I'm sure.
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Post by picanto on Aug 8, 2019 9:51:30 GMT
My withdrawal finally did come through yesterday afternoon but it's a bit weird because Kuflink sent me five E-mails one after the other informing me of this, maybe they seen this thread! Just seemed to take longer than normal but perhaps I'm being a bit paranoid after the whole Lendy saga!  |
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Post by gravitykillz on Aug 8, 2019 11:02:55 GMT
I too got emails. One 3 days after the withdrawal and another yesterday to confirm the money was in my account.
Not sure if this is the new standard procedure but they need to speed up withdrawals in line with other p2p providers.
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Post by gravitykillz on Aug 8, 2019 11:07:17 GMT
Mind you I am finding kuflink annoying. I mean I invest in loans they keep my money for a month and a half and later my money is returned because the loan did not complete (without interest).
This seems to be happening quite often.
I don't see the point.Might as well invest in ratesetter or loanpad or growth street or lendinvest where I get interest from the get go.
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Post by keelan on Aug 9, 2019 7:25:57 GMT
Last Sunday evening I submitted withdrawal request to Ratesetters, Asset Capital and Kuflink. The first two were actioned within 48 hours without a hitch. However here I am Friday morning and I am still waiting for my money from Kuflink. Up to now I have been very happy with the service I have received from Kuflink, however the slowness of their processes are beginning to sow seeds of doubt in my mind.
Regards
Keelan
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Post by keelan on Aug 9, 2019 10:37:32 GMT
Update to my earlier entry. Money in my account in the last couple of hours. All good for now.
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benaj
Member of DD Central
N/A
Posts: 5,591
Likes: 1,735
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Post by benaj on Sept 5, 2019 13:57:48 GMT
Improvement on my latest withdrawal. Less than 3 working days, money in the bank today.
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rscal
Posts: 985
Likes: 537
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Post by rscal on Nov 6, 2019 13:27:16 GMT
FYI: withdrawal requested on Friday, transfer made (today) Wednesday.
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