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#1
05-11-08, 11:26 AM
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FT Cashout Delays...
I requested the following cash outs from FT recently:
4/14 (check) 4/23 (bank transfer) 4/25 (check) This was my first bank transfer attempt, but I wanted to see if it would be faster than getting a check. As of about 3 or 4 days ago, I hadn't received any of these yet - and that's way over dude for the first one. I emailed them, and was told that the two checks had been mailed on 4/28 and 5/6 - definitely much slower than normal. Well, wouldn't you know that when the first check finally arrived yesterday, it was from a new processor: Z.P. {Edited per processor's request} I guess maybe they had problems with their last processor (what was it - A.S.C. {Edited per processor's request} or something)... Anyone have any more info on what's going on behind the scenes? FWIW, at least I'm getting a $300 bonus out of this (for the bank transfer delay, apparently): Last edited by Talking Poker; 11-11-08 at 07:12 PM. Reason: Removing processor name |
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#2
05-11-08, 12:41 PM
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Hmm. I just requested a cashout yesterday through InstaDebit so we'll see how long that takes. Hopefully not as long as you've been waiting.
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#3
05-11-08, 05:16 PM
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my check last month took a lot longer than what I had grown accustomed to, but it was still within the window that FTP claims and it was from the new processor. I just got one cleared "approved" yesterday and I am waiting to see if it will be slow as well, or if it was just the first one that took a longer time.
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#6
05-11-08, 08:42 PM
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Will let you know, hopefully soon.
I expect the first one to possibly take longer than subsequent ones (or maybe not). I got an email apologizing for the delay (+$300 bonus afterwords) saying mine was processed on the 8th and it should hit my bank soon. It has a little more than a 24 hour head start on a check I requested. Assuming it beats the check, I'll probably just go with these from now on. |
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#7
05-12-08, 03:41 PM
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I have done both check cashouts as well as the direct deposit, and they had been very fast with both.
There have been a lot of rumblings about slow cashouts on several other forums that I frequent recently. In fact I believe FTP gave most everyone that had a cashout waiting for 2 weeks+ a $300 bonus credit. The latest I heard was that they had it almost straightened out and they starting to process, so we should know a lot more in the next few days. BTW, A.S.{Edited per processor's request} was the previous processor, and the processed for both FTP and Stars, as recently as a few months ago. Last edited by Talking Poker; 11-11-08 at 07:12 PM. Reason: Removing processor name |
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#8
05-12-08, 06:50 PM
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It seems they at least have the checks straightened out now:
I see no advantage of the direct bank deposit if it's not faster than getting a check. |
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#9
05-13-08, 02:02 PM
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My money landed in my InstaDebit account today so that's a pretty good turnaround time as far as I'm concerned!
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#11
05-14-08, 12:37 PM
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Back to checks for me:
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