First Premium Bank Wire for this bank account:
Requested: 14 Dec
Approved: 15 Dec
Still waiting...

+1
Premium Wire (done several in past)
Requested/Approved: 19 Dec
Still waiting.

Always been 2 biz days before, suspect the holidays have it delayed I hope?

question about ftp's bank wire option.....when filling out your info, under routing # ftj tells you to put the routing # at the bottom of your checks. howeve i bank with BoA and there is a separate routing # for wire transfers. can anyone shed some light of which of these #'s to put in my info.

Just requested a premium wire for 1500....i didnt receive a "processing" email or "approve" email....this is the first time thats ever happened. Usually those emails are sent instantly, after I click the confirm button. Should I be worried???? btw, it has my wire as processed in the full tilt history screen. I have done plenty of premium wires in the past, and never had any problems. I'll keep you posted.

Nevermind, I just received the processing and approved emails. It took an hour. They were instantly sent to me before. So everything is fine! No worries

I just got hit with an extra $10 from my bank so a total of $40.91 on a $600 wire. I am not too happy. Hopefully, FTPSean will help me out.

Requested 12/23, Approved 12/24, recieved 12/29... Assuming the holiday and the weekend had something to do with the delay. Only $20 in fees though

If you want to know exactly how much it's going to cost you to cash out - request a check or bank transfer, depending on which seems to be the most reliable at the moment, and realize there is a chance it may be delayed or the check will bounce.

If you want your money fast without the possibility of a check bouncing, use the premium bank wire and accept the fact that you may lose a portion of that if fees. It's not going to help to look at it as % based, because it's not. And FTP does make you aware that there is a chance that is going to happen with each wire, regardless of whether or not it's happened before.

I don't like it either, but that's the state of online poker at the moment and Full Tilt doesn't have much motivation to reimburse you for the fees (AP wants your business a lot more than FTP does.)

Thank you. I don't understand why more people can't understand this.

Please let us know if he does / if FTPSean has reimbursed anyone for fees, please post.

I seriously doubt FTP is reimbursing anybody for fees... tbh i'm really not that bothered by them if I can get money in my account hassle free in 4-5 days, vs never knowing when a check is going to get here/or having it bounce on me.

Yeah, I hear ya, I just had no idea that it was happening because I didn't come across it before and I didn't realize how much it could be. I would have been fine with $20 but $40 is kind of getting ridiculous. I think if enough people complain they will reimburse. I am definitely going to complain because with all of the problems with the checks and the bank transfers, they leave you no option but this to ensure you get your money in a timely fashion. I know that FTP has to deal with UIGEA and UIGEA is not their fault but I am sure if FTP want to spend some money, they could figure out some better options (and/or reimburse). I am reminiscing about the MoneyGram days or better yet the pre-UIGEA days (UIGEA aka authoritarianism at its finest) and PartyPoker (talking to an ACTUAL person on the phone, "oh, sir, I am so sorry you had a problem. I will add a $100-200 bonus to your account."). Those were the "days" which will not pass this way again unless people start getting indignant (and the same with what used to be considered human rights that the government have now deemed optional for our protection). I am sorry but I don't want the US government to regulate it because I don't trust them to do a good and honest job with it. Where has the freedom gone? Sorry for the political tirade but some of this stuff is getting ridiculous and so is the propaganda.

Some updates....

Still waiting on the above premium wire.

But.....I requested one two days ago.

Premium Wire
Requested/Approved: 29 Dec
Received: 31 Dec

So while my wire from the 19th is still in limbo, the latest was back down to 2 biz days.

So I sent an email, apparently wires are the same as transfers when it comes to processing??? I know I didn't do a bank transfer since its not even an option on my account:

Please note that Bank Transfers typically take 10 to 15 business days from the time your withdrawal was approved to reach your specified checking account. Business days are Monday to Friday, with the exception of bank observed holidays.

If you have not received your Bank Transfer by 8th January 2010, please let us know and we will be happy to assist you further.

Thank you for your patience, and if you have any other questions, please feel free to contact us. We're always here to help.

do you need a certain amount for the premium wire to show up as a withdrawal option or how do you get this option? Can someone plz answer this

Hi noob here with a few questions

Could someone explain to me the difference between a bank wire and a bank transfer?

Could someone explain to me the difference between a bank wire and a premium bank wire?

Is there anyway to get your maximum bank wire or transfer or premium wire increased?

Premium bank wire

Req'd/approved: Jan. 5
Received: Jan. 6
Fees: $42.81 (gaaah)

This method is incredibly fast. For < $20, I'd do this every time.

you guys, $50 fees are normal for bank wire transfers, that's the standard anywhere.

requested/approved: 1-6-10 around 2 am
recieved: nothing yet... but that makes me happy to see that guy got his wire the next day... please one time!!!! lol

will keep you updated... anyone else get thier wire next day???

I'm no expert by any means, so someone please correct me if I'm wrong, or feel free to add additional information. But here's my general understanding:

There are four different methods of electronically withdrawing money from Full Tilt that I'm aware of. They are:

"Bank Transfer"
"Bank Wire"
"Premium Bank Wire"
"Wire Transfer"

Those names aren't my terminology; those are the official names that Full Tilt gives to the different methods.

A Bank Transfer, I believe, is a type of ACH or "automated clearing house" transfer. It is similar to direct deposit.

Bank Wire and Premium Bank Wire are, well, methods of wiring money from an outside account into your account. I do not know what the technical differences are between monetary wires and ACHs/direct deposits. I do know that, on Full Tilt, both Bank Wire and Premium Bank Wire have higher withdrawal limits, and seem to be processed more quickly, than Bank Transfers. But the wires carry fees, whereas Bank Transfers do not.

I have no idea what the difference is between Bank Wire and Premium Bank Wire, and I do not understand why Tilt offers both as separate options. In my cashier, the limits for Premium Bank Wire are min. $250 up to a max of $5,000, whereas the limits for Bank Wire are min. $1,500 up to a max of $10,000. But other posters apparently have different limits for those two methods than I do.

Which brings me to the final method, which is known as Wire Transfer. As far as I know, you have to e-mail Full Tilt in order to get this option, and it's generally used for withdrawing amounts larger than the usual limits. But I've never tried to get Wire Transfer, so I don't know anything more about it.

Can anyone confirm / elaborate / correct any of this?

Just did some googling and found this site, which gives some details about the differences between ACH transfers and bank wires. Essentially, it seems that they just use two different sets of electronic networks, and wires are generally faster than ACH transfers.

Is anybody from the U.S. able to withdraw more than 5k via premium wire?

I need to cash out money and i'm only able to do 5k with that withdrawal option.
Is there another type of wire that would allow me to withdraw more? Customer service told me it's not possible for me to raise my limit. I'm just trying to figure out if that is true.

I'm able to do up to 5k via "Premium Bank Wire" and up to 10k via "Bank Wire." But I don't know if those limits are the same for everyone, and in fact I don't even know if everyone has "Bank Wire" (as opposed to Premium Bank Wire).

If you e-mailed them asking to raise your limits and they told you no, I'm not sure what else you can do.

Yeah, that's the problem.

I don't see any other 'bank wire' method listed. I'll email them to see if there's any way for me to access it. OH, and you're a U.S. player?

yes, I'm a U.S. player. Good luck.