Yup, but the dealer still has to verify w/ the bank (which is just a phone call). There are some fake MCs.
Just a phone call and it's done. So mga 2 hrs siguro yan kasama na sa paghahanap kung sinong kakausapin nya sa bank. 3 days is for personal checks. Fax mo na sakanila yung MC para wala ka pa sa casa, itawag na nila