Warning about 5dimes instant deposit payout

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  • alalha
    SBR Hustler
    • 08-28-10
    • 86

    #1
    Warning about 5dimes instant deposit payout
    I heard so many good things about this book so I went and playedthere and requested my first withdrawal on 8/18 and 8/20 through their instant deposit payout. I'm pretty sure I'm eventually gonna get paid because they have such a good reputation but just warning to those of you who like fast payouts. Don't use instant deposit as your method. It looks like I'm not gonna get my money not even till next Wednesday so that's more than 2 weeks. Something that I would never expect from a+ book. And when I contact them about it they always tell me they'll have answer the next day which they never do blaming on their processor. I was told to contact back again on Monday and I'm pretty sure I'm gonna be told to contact back on tues. So just a heads up.
  • MarlinsFan2212
    SBR MVP
    • 04-19-10
    • 1325

    #2
    how much did you withdraw? Keep us updated on when you get the money.
    Comment
    • alalha
      SBR Hustler
      • 08-28-10
      • 86

      #3
      1500 each so 3000 total
      Comment
      • sweethook
        SBR Posting Legend
        • 11-21-07
        • 12667

        #4
        thanks for the info , keep us up on how long it takes. , i just started with then. but book i been with sents 2003 pays in 2-3 days only once it took 5 days counting the weekend, they should have you a check or card in your hands in no less than 7 days total. IMO gl.
        Comment
        • thespeculator
          SBR MVP
          • 09-09-08
          • 2999

          #5
          if the instant deposit is what i think it is ,then it usually takes up to 10 business days for the deposit to clear, then you can get a payout which usually takes 2 days, but 5dimes will not stiff you or delay you, did you ask them if the deposit method has a certain hold before you can withdraw, but i would stick with 5dimes , you won't find a better book ,imo

          good luck with the payout
          Comment
          • alalha
            SBR Hustler
            • 08-28-10
            • 86

            #6
            They acknowledged that there definitely is a problem. By instant check I mean instant deposit. No holding period since I made cash deposits and took no bonus and they said the same thing. I know that they will pay but I'm just saying it's take them longer than what I expexcted
            Comment
            • alalha
              SBR Hustler
              • 08-28-10
              • 86

              #7
              I made despot using ** cash and just trying to withdraw using instant check
              Comment
              • ehp6737
                SBR MVP
                • 12-11-08
                • 4185

                #8
                interesting...ive never had a problem with them. Always req w/d by check, have it fedexd in hand 2-3 days. Havent tried "instant check" though, which I'm assuming you mean instant deposit transfer into your bank account. Keep us updated please
                Comment
                • wtt0315
                  SBR Hall of Famer
                  • 01-18-07
                  • 8037

                  #9
                  yeah its pretty standard for all books with that deposit
                  Comment
                  • alalha
                    SBR Hustler
                    • 08-28-10
                    • 86

                    #10
                    So I contacted 5dimes today. Guess what? They told me that I'll have to wait 10 more business days because they have to trace it because something happened and they don't know what happened to the money. The funds were taken out of their account and they don't know where it's at since I didn't receive it.......I 'm really getting frustrated. They asked for a screenshot of my banking account so I sent them that............ it's really unbelievable how an A+ book works like that........all they have to do is call their bank and ask where the money was sent to and if the money was received by the receiver. But the problem they have a processor who processes all the money going out......that's why it's taking forever....... so it's going to be 2 weeks so far + another 2 weeks to trace the money = 4 weeks = 1 month just to see where the money is.....and if they accuse me of receiving the fund......oh well i guess I'll have to file complaint and let sbr investigate things......

                    I'm just really mad because $3000 is locked in somewhere for a month
                    so not happy with 5 dimes.
                    Comment
                    • teaserpleaser
                      BARRELED IN @ SBR!
                      • 08-14-08
                      • 26015

                      #11
                      This is the new A C H wire withdrawl option?
                      Comment
                      • KC
                        SBR MVP
                        • 04-12-07
                        • 1613

                        #12
                        This is awful, coming from an A+ shop. They need to stop giving people the runaround when they win.
                        Comment
                        • alalha
                          SBR Hustler
                          • 08-28-10
                          • 86

                          #13
                          yes it is A C H . 4 weeks people 4 weeks...........and that's just to find out where the money went. I called my bank just to see if there was any A C H transaction activity. The bank told me that they don't see anything and I asked them how long it takes for a bank to trace the instant deposit and they said 24-48 hours..... and I asked if it is unusual for a bank to take 10 business days to trace instant deposit and they said it is very unusual and it shouldn't take that long.............. I have no idea why it'll take 10 business days...........seriously all they have to do is call their bank if they are correct in that the funds were taken out.........which I wanna see a proof of because I sent my banking statement
                          Comment
                          • teaserpleaser
                            BARRELED IN @ SBR!
                            • 08-14-08
                            • 26015

                            #14
                            You should use live chat post it here love to see 5dimes cs "handle" this one.
                            Comment
                            • chunnnn2010
                              SBR Sharp
                              • 05-18-10
                              • 268

                              #15
                              4 weeks for instant deposit payout is too long. better try a Fedex check.
                              Comment
                              • jackkkk2009
                                SBR MVP
                                • 07-13-09
                                • 1183

                                #16
                                Originally posted by alalha
                                yes it is A C H . 4 weeks people 4 weeks...........and that's just to find out where the money went. I called my bank just to see if there was any A C H transaction activity. The bank told me that they don't see anything and I asked them how long it takes for a bank to trace the instant deposit and they said 24-48 hours..... and I asked if it is unusual for a bank to take 10 business days to trace instant deposit and they said it is very unusual and it shouldn't take that long.............. I have no idea why it'll take 10 business days...........seriously all they have to do is call their bank if they are correct in that the funds were taken out.........which I wanna see a proof of because I sent my banking statement
                                I think for your first time instant deposit would be kind of longer than normal. after the first time, will be faster.
                                Comment
                                • midnight777
                                  Restricted User
                                  • 09-10-09
                                  • 504

                                  #17
                                  wow whow knows ..... good luck
                                  Comment
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