PexPay, the new payment processor on the market notifies about the transaction procession times. The latest newsletter from PexPay answers the numerous questions of investors, concerning how long it takes for each account to be funded, as well as how long it takes for the withdrawal to be processed.
So here is the quotation from the PexPay authorities, quoted below:
"Funding your account -
Bank Wires: 2-3 business days from the time we receive the wire
ACH Transfer: 4-5 business days from the time you make the request
Check: 7 business days from the time we receive the check
Withdrawing from your account -
Bank Wires: 3-5 business days from the time you make the request
ACH Transfer: 4-5 business days from the time you make the request
Check: Mailed within 5 business days from the time you make the request
As always, account to account transfers are instant."
Let us remind you that PexPay account holders must verify their accounts. The verification procedure is currently less than 2 business days. Verification is needed for using the features of deposit and withdrawal of funds.