Withdrawal Speed

bigfoot12
Member of DD Central

Posts: 1,817
Likes: 816

Withdrawal Speed Jun 26, 2016 13:51:21 GMT

Quote

Post by bigfoot12 on Jun 26, 2016 13:51:21 GMT

I pulled money out of five platforms last week and I thought it might be interesting to show some slight differences.

Platform	Immediate Email	Business Days Taken
Funding Circle	Yes	1
Zopa	Yes	3
Assetz Capital	Yes	2
Wellesley	No¹	1
Ratesetter	No²	1

1. Wellesley sent an email about 5 hours after my request saying it was being processed.
2. I have checked my settings in Ratesetter and I can't find an option to inform me a withdrawal has been made is this correct westonkevRS ?

All requests were made very early in the morning.

Last Edit: Jun 26, 2016 14:02:13 GMT by bigfoot12

star dust
Member of DD Central

Posts: 2,998
Likes: 3,531

Withdrawal Speed Jun 26, 2016 14:42:21 GMT

Quote

Post by star dust on Jun 26, 2016 14:42:21 GMT

I think all platforms have improved from the 'early days', and I'm not sure how useful this is, but for what it's worth this is my recent experience.

Platform	Immediate Email	Business Days Taken
Money Thing	Yes	0 (same day)
Saving Stream	Yes	0 (same day) & 1 (next day weekend)

With regard to Assetz Capital and Ratesetter my experience is the same as yours except I only get confirmation emails (i.e. we've sent the money) as I have the 'you've made a withdrawal request' ones turned off from AC; and I can't ever recollect having any withdrawal emails of any description from Ratesetter.

Last Edit: Jun 26, 2016 14:47:12 GMT by star dust

jonah Member of DD Central Posts: 2,031 Likes: 1,113	Withdrawal Speed Jun 26, 2016 14:42:24 GMT Quote Select Post Deselect Post Link to Post Back to Top Post by jonah on Jun 26, 2016 14:42:24 GMT MT - normally 5-10 seconds... my request yesterday still hasn't been processed today but a deposit request done today has been processed. SS - If raised before the daily bank run, that day, otherwise next working day. Edit... MT cash now moved
	Last Edit: Jun 26, 2016 16:45:10 GMT by jonah

Post by bigfoot12 on Jun 26, 2016 13:51:21 GMT

Post by star dust on Jun 26, 2016 14:42:21 GMT

Post by jonah on Jun 26, 2016 14:42:24 GMT