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 NBA announced the current revised playoff seeding system on September 8, 2015. Following the NBA regular season, eight teams in each conference qualify for the playoffs and are seeded one to eight.BA division winners were seeded higher than any other playoff participants, regardless of their record. Prior to 2004, when the NBA was aligned into two conferences with two divisions each, the top two seeds in each conference were reserved for the division winners.