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View Full Version : party e-check/igm-pay cashout time?

CCx
11-09-2005, 08:13 AM
i've never used this method of withdrawl, so i was wondering - i know it says 3-7 business days on the cashout screen, was wondering from those who use it, is this the typical range of time it takes, or does it happen quicker for some/most? thanks for your help
magoo
11-09-2005, 10:39 AM
Ref. Party Poker and iGM-pay I'm waiting since 3 Nov. So that would be four business days and two weekend days. So seven business days would be a total of a minimum of ELEVEN DAYS. (I understand their optional additional form scenario.) However, when you consider how quickly they get the money from your account (two days) (and almost instantly onto your poker cashier account), eleven days is a LONG TIME to wait on the money to be credit (back) to checking account. Just my two cents !

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i've never used this method of withdrawl, so i was wondering - i know it says 3-7 business days on the cashout screen, was wondering from those who use it, is this the typical range of time it takes, or does it happen quicker for some/most? thanks for your help

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CCx
11-09-2005, 10:44 AM
wow, that's beat - do you think the bank wire method would be faster (regardless of the $35 transaction fee, which in this case would be a small amount in relation to the total withdrawl)
gila
11-09-2005, 11:39 AM
Yea, I am waiting for this too. God I miss neteller.
PokerGoblin
11-09-2005, 11:40 AM
Once I got my checking account verified cashouts never take more than a couple business days. I usually use Neteller though.

The only exception would be if you had recently made a deposit through IGMPAY, and the e-check would have to clear before the cashout process will begin. Normally when this is the case you will receive an email explaining the delay.

PG
phuc
11-09-2005, 12:12 PM
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Yea, I am waiting for this too. God I miss neteller.

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maybe i'm out of the loop, but why do you miss neteller? why don't you use neteller? ...or is there some reason why you can't any longer?
11-09-2005, 01:03 PM
I made a cashout Sunday, money was in bank on Tuesday.

However, I have noticed that cashouts on Thursday, Friday or Weekends all take till Tuesday...

/images/graemlins/crazy.gif
magoo
11-09-2005, 05:44 PM
Anyone care to define "settled" as used in the igm-pay email to me?

Here's something they stung me with, which is not described in any of their service descriptions. I'm waiting for my first cashout. I received this AFTER the account was "verified" days ago:

"As your iGM-Pay purchase dated 11/03/05 11:26 has not settled, we will not be able to process your cash out request as of now. It usually takes five to six business days for an iGM-Pay to settle from the date of deposit. In the meantime, your funds are available and can be transferred back to your Poker account. You can reverse your Cash Out from the deposit page in the Cashier section at the site."

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wow, that's beat - do you think the bank wire method would be faster (regardless of the $35 transaction fee, which in this case would be a small amount in relation to the total withdrawl)

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TheNoodleMan
11-09-2005, 07:14 PM
I've got the money in my bank account as quick as 24 hrs and have had it take as long as 5 days.
CCx
11-09-2005, 07:44 PM
thanks for all of the responses, i went the e-check route - the withdrawl was approved in under an hour, guess we'll see how long it takes to hit the bank, i'll report back when it does for sh[/i]its and giggles
CCx
11-10-2005, 09:22 AM
withdrawl was in my bank account this morning at 8am (cashout at 1030am yesterday)
froggy527
11-10-2005, 09:59 AM
Say I do the IGM bonus can I withdraw my money back
into Neteller or does it have to go back through
IGM?

Thanks
Dennisa
11-10-2005, 11:24 AM
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Anyone care to define "settled" as used in the igm-pay email to me?

Although the transaction will be out of the account within 2 days, if a IGMPAY transaction bounces, party will not normally be notified by the bank for 4-6 days. I cant blame the for being a bit paranoid on this. I have previously been a merchant doing echecks and this not unreasonable.
11-10-2005, 12:15 PM
Your money can enter through IGM and exit to Neteller.
magoo
11-10-2005, 12:57 PM
Thanks. I've received the credit to my account. According to your info, time wasn't bad. It took about five business days.


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Anyone care to define "settled" as used in the igm-pay email to me?

Although the transaction will be out of the account within 2 days, if a IGMPAY transaction bounces, party will not normally be notified by the bank for 4-6 days. I cant blame the for being a bit paranoid on this. I have previously been a merchant doing echecks and this not unreasonable.

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