How long do Book to Book Transfers take?

[Masu485]

I just requested one from Pinnacle to Matchbook. It is my first time doing so.

Is there a long process of e-mails back and forth? Will they send me a confirmation e-mail when the funds are transferred? How long does it generally take for the 1st time? 20 min? 2 hours?

Thanks

[fsutomahawk]

I have done them from Greek to bookmaker before and it took less than an hour

[Masu485]

I have done them from Greek to bookmaker before and it took less than an hour

Was it your 1st time? did they send you a confirmation e-mail when it was transferred?

[Masu485]

Taking forever... getting worried here. Initiated it at around 2pm, it's almost 4pm now.

[crinkle]

should be done within 7 business days.

[Masu485]

7 business days??? That is longer than an eternity. I thought book to book transfers took from 20 min - 1 hour. 2 hours max.

[crinkle]

you should definately see the transaction completed within seven business days. I would be worried if it took longer than that.

[theblueprint]

No way it should take more than a day. Give them a call.

[thejrichshow85]

why dont you just ask Pinnacle? instead of acting like a noob.

[Masu485]

I had to be added on the list.

All has been taken care of now.

[crinkle]

you should definately see the transfer completed witin seven days. If not I would worry. gltu

[byronbb]

When you do it the first time there is some sort of process that causes it to take longer. My mb 5 dimes xfer was done in a hour yesterday.

Huge liquidity on MB lately in NHL. I saw a 14 cent pinny arb near close the other day with 20k on the mb side.