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Questions tagged [wire-transfers]

25 questions
19
votes
5 answers

Bitcoins & Somalia

Minneapolis has a large community of immigrants from Somalia. They have been accustomed to sending money to relatives there. One person among them sent money to a terrorist organization that had an agent in Somalia. Seemingly in response to that…
Michael Hardy
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Does it make sense to use BitCoin to transfer money to yourself internationally?

If you have a bank account in the US and an account in the UK, and you want to move money from one to the other, is Bitcoin a sensible way to do it, or are you better off using TransferWise or just doing an international wire transfer?
Jun-Dai Bates-Kobashigawa
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3 answers

Is there a bitcoin exchange accepting SEPA transfers?

Since mt.gox had to close its european office, is there any other exchange accepting SEPA transfers? Sending a wire to the HK office costs much more than a SEPA transfer to me, and I'd like to avoid that extra expense if possible.
o0'.
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How hard is it to transfer money between Bitcoin exchanges?

Say I had a 100$ in a Mt.Gox account and wanted to send it to my TradeHill account, how hard is it to perform a transaction like that without going through a separate bank account? I'm mostly asking in a context of automated trading bots, buying and…
ThePiachu
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How long do MtGox withdrawals take?

On Thursday, August 1st, I withdrew (or so I was given to understand) some dollars from my MtGox account. They were to be wire-transferred to a checking account in the USA. When the money hadn't shown up after two weeks, I sent an email to MtGox…
Michael Hardy
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4 answers

How do I transfer funds from India to an exchange?

I want to buy a few Bitcoins using my bank account/ credit card from here in India. How do I do that? MtGox has an option to do wire transfer. Is it the only way to do it? If I transfer $1000, how much of it will reach my MtGox account?
Bhargava
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3 answers

How do I transfer bitcoins into a United Kingdom bank account?

Does anyone know the best way to change bitcoins into pounds (GBP), then do a bank transfer or paypal transfer? I've found some, but they take a week.
Humanxlemming
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Tax implications of bitcoin income

I have a friend in the USA who can send me bitcoins. The idea is to sell the bitcoins in India and wire him back the money from the sales proceeds in India. What are the tax implications on the sale of bitcoins in India? What reason for…
bobdxcool
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Which Bitcoin exchanges allow anyone to fund your account by a bank transfer?

I know MtGox doesn't allow for such transfers to prevent money laundering. Which exchanges allow for anyone to fund your account with a bank transfer (USD preferable).
ThePiachu
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Between which locations are transfers using Bitcoins cheaper than PayPal for 100$?

I believe that once it becomes significantly cheaper to transfer money between countries using Bitcoins, its usage will increase significantly. My question is, therefore, between which countries will a transfer (from bank account to bank account) be…
David
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Which exchanges still accept USD wire transfers? (Oct 2012)

Are there any exchanges left accepting USD wire transfers? I heard mention of sending to Dwolla and then transferring to Intersango, but only for U.S. citizens.
abrkn
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How can I withdraw dollars from Mt Gox?

What are the steps to withdrawing from a MtGox account to a bank account in USD? Mt Gox's Dwolla account is currently (Aug 2013) frozen or shut down. Are there international transfer, money order, wire transfers that can occur be used? Can the…
Dominic Tancredi
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Do dollars reach MtGox through other channels than Dwolla?

There've been some questions here about MtGox getting dollars through Dwolla, but what about other channels besides Dwolla? Are dollars still reaching MtGox somehow? The price of BTC on MtGox a few minutes ago was over $131, up a bit from a few…
Michael Hardy
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Is bitcoin a better option than banks for transferring money from India to Hong Kong

I live in HK and I need to transfer some amount from my Indian bank account to my wife's Hong Kong bank account. I tried bank wire transfer and I lost almost 11-12% of total amount. My friend also needs to send me some money from India because I'm…
Anoop Chandran
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Can I easily use Bitcoin as a inexpensive way to transfer my money into another currency?

I have a home business in the US and I am spending a significant amount of time in Europe.I have both a US and a EU bank account as well as a coinbase account. I am wondering if I can by bitcoins in USD and then sell them back to my EU bank account…
Chris
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