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Old 07-06-2021
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Default On average How Long does your MP deposit take for your Bank?

Just got my first MP deposit for my main non-stealth account.
Sales made Sunday evening 10pm (one at 12:00am). Buyers paid immediately.
Payment "processing" for exactly 24 hrs to the minute, Monday.
Payment "In progress" until early morning, then "funds sent" at 5:00am Tuesday.
Deposit in bank 5-6pm Tuesday. This is with Simplii Financial. 40 hrs is Not too bad considering the horror stories I've been hearing of waiting up to a week. 1 day less than paypal was.

How long is it taking on average for your bank from funds sent to deposited and would it be slower with a stealth account ?

Is it different with TD, BOM, RBC, Scotia, etc For some reason I've had better success and speed even with Paypal when using the no-branch online banks vs the traditional ones. When I had tangerine with paypal, I would get the money same day if I withdrew before 9 am
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