Originally Posted by beagle
Platform would work like this: (Sorry Scotty - there is no teleporting involved)
P*ps/P*cP*y has an account within "trading platform". (like forex and commodity firms use)
You would also have an account within the same "trading platform"
Transfer of funds go from P*cP*y trading platform account to your trading platform account. No need for banks to become involved. Just a few key strokes.
When you want the money in your bank account you make a withdrawal request from your trading platform account to your bank account. Funds would not go to your bank from P*ps or P*cP*ay - instead they would go to your bank from your own trading platform account. Check or wire transfer - although most U.S. banks will be happier with checks for large amounts of money.
Most trading platforms will also pay you a small amount of interest to "park" your money there. Although I'm sure most of us just want to get our hands on the money.