Topic: Mt.Gox now requiring some kind of seperate Dwolla account verification? (Read 1258 times)
October 03, 2012, 11:22:25 PM
It only takes a few days to withdraw now once you're verified with both services.
September 28, 2012, 02:03:38 PM
And now I'm on some kind of undeclared time delay before they'll make a deposit into my Dwolla account. Will be using fastcash4bitcoins.com in the future. Christ...
September 27, 2012, 02:25:47 PM
Finally shows as verified when I logged in earlier. Whew.
September 26, 2012, 04:37:24 PM
Ah, but my account was verified when I opened it earlier this year and was able to use Dwolla until this new withdrawal attempt. Still "verifying"...
September 26, 2012, 01:58:09 PM
My Dwolla validation took around 4 days.
Well, Dwolla themselves have their "bank account verification" where after you link your bank account they send a small amount as a direct deposit and you verify by giving verifying to Dwolla the amount that they transferred to you. That will take from four days to more than six business days, depending on Dwolla's backlog.
Dwolla then also identify verification, which some but not all accountholders are required to comply with to continue using the accountholder's Dwolla account. That can take a couple days to several days, likely depending on Dwolla's staffing level as well.
So there is verification on Dwolla's side.
But the question above was referring to the delay on the Mt. Gox side for getting verified (Level 1).
That isn't specific to "Dwolla", but all Mt. Gox customers wishing to use Dwolla for deposit or withdrawal must be verified (Level 1) first. That process (submitting a photo ID, etc.) can be something that happens fairly quickly -- the same day even in many cases. Those reporting longer delays with that include those whose documentation had issues, or submitted where processing crossed over a weekend or included holiday and thus ended up being multiple days.
- http://en.bitcoin.it/wiki/MtGox#AML
September 25, 2012, 10:44:19 PM
You're right, not since April.
Thank for the link and info. It's the end of the month, and was hoping I wouldn't have to end up waiting a week...
Thank for the link and info. It's the end of the month, and was hoping I wouldn't have to end up waiting a week...
September 25, 2012, 10:36:45 PM
yes, I've done this before
Probably not for quite a while as they've had that security center since June.
- https://mtgox.com/press_release_20120605.html
That verification is usually pretty quick -- oftentimes the same day, if done during the week and it isn't a holiday and there is no other crisis going on (like, perhaps, this week's scramble to overcome their loss of Barclay's bank for their UK customers).
September 25, 2012, 07:46:03 PM
Hmm, that's interesting. I tried to set up a withdrawal via Dwolla this afternoon (yes, I've done this before), and the screen where the regular Yubikey/Account/Amount fields were replaced with some new "add withdrawal method" feature that supposedly keeps your account data on file. It said that "verification" would take awhile, but didn't state a time period...nor could I find any information on this new "feature" or how long it might take.
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