Full Answer. The amount of time it takes to process a refund depends on two factors: the agency to which the payment was made, and the bank to which the customer belongs. By the Electronic Transfer Act, banks are given 10 business days to process refunds.
1950: The BAA was renamed as the National Basketball Association (NBA). With a three-division setup, 12 teams now qualified for the playoffs, with the top four teams from each division meeting in the best-of-3 division semifinals. The winners met in the best-of-3 division finals.
The format. The NBA playoffs are comprised of 16 teams, divided evenly by conferences. The winner of a best of seven series advances until the East and the West crown their champions.Once there are only two squads standing, the NBA finals begin.he format. The NBA playoffs are comprised of 16 teams, divided evenly by conferences. The winner of a best of seven series advances until the East and the West crown their champions.