Withdrawal speed

benaj
Member of DD Central

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Posts: 5,621

Likes: 1,741

Withdrawal speed Mar 13, 2020 20:34:07 GMT via mobile

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Post by benaj on Mar 13, 2020 20:34:07 GMT

Latest withdrawal speed: 1 working day

Requested on: 11th March
Money in the bank: 12th March

FC is probably not the fastest place to sell loans, but cash withdrawal so far is reasonable.

Let’s hope the board will find ways to keep FC open for many years.

shanghaiscouse

Posts: 406
Likes: 236

Withdrawal speed Mar 14, 2020 11:20:41 GMT

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Post by shanghaiscouse on Mar 14, 2020 11:20:41 GMT

1 day? my withdrawals go through in 3 seconds. of course you had to wait to sell the loans first, but once the cash is available for withdrawal the actual withdrawal happens quickly.

FC does not face immediate bankruptcy, but clearly in 18 months or so if it continues like this then it will be. I have absolutely zero confidence in the board to be able to do anything, considering they have listed it at 440p and its now at exactly 1/10th of that, 44p. Have you seen any evidence they know what they are doing? The model doesn't work. Get your money out as fast as you can.

popeye Posts: 38 Likes: 16	Withdrawal speed Mar 14, 2020 14:52:36 GMT ozboy and cb25 like this Quote Select Post Deselect Post Link to Post Back to Top Post by popeye on Mar 14, 2020 14:52:36 GMT Mar 14, 2020 11:20:41 GMT shanghaiscouse said: Get your money out as fast as you can. Good luck with that

Post by benaj on Mar 13, 2020 20:34:07 GMT

Post by shanghaiscouse on Mar 14, 2020 11:20:41 GMT

Post by popeye on Mar 14, 2020 14:52:36 GMT