Where will Gov't get the money from

[ARAbCHNID]

Thanks for trying barrie, the money paid in comes from my debit account, the bookies won't accept deposits from a credit card, so they are secure, as is the bank, in the knowledge that the money is/was in my account and which is why they'll allow me to place the bet immediately. It thus follows that if they have no worries about me placing the bet, they can have no worries on that score about paying me out, so I don't see this as the reason for the delay.

Sinky, I use PayPal. Instant deposit & instant withdrawal. Mostly the former

[sinkov]

Sinky, I use PayPal. Instant deposit & instant withdrawal. Mostly the former

Cheers mate, although this is something that's niggled me for years, it's never niggled me enough to ask about it, until I saw barrie's post about working for a bank and decided to ask him. What you said about PayPal intrigued me, I didn't know that, so I've just been on Ladbroke's site and checked their FAQs about withdrawals. It says Visa Debit cards, like mine, take 1-2 banking days, PayPal takes 3 hours. It also talks about internal processing times, which must be the 3 hours to clear a PayPal transaction, anything over that must therefore be down to the banks. It remains a mystery though why the bank will put my money instantly into my Ladbrokes account, but wants a couple of days to send it in the other direction.

"*Generally, card and bank transfer withdrawals take 1 – 2 banking days to reach your account. However, please note that depending on your banks’ processing times, it could take up to 5 days to reach your account. All withdrawals are subject to internal processing times as stated. Furthermore, where withdrawal checks require escalation for review, this will extend processing times."