Bitcoin Forum

Other => Beginners & Help => Topic started by: willz123 on December 06, 2012, 11:42:22 AM



Title: Accept cash deposit at my bank?
Post by: willz123 on December 06, 2012, 11:42:22 AM
Hi Everyone

So im selling some bitcoins, but i wondered if there is any reason why I coundn't accept cash despots into my bank account if the buyer walks into thier local branch? Would there be any problems with this? Ive seen a few adverts saying they wont accept cash deposits so is there good reason for this?

Thanks

William


Title: Re: Accept cash deposit at my bank?
Post by: mjc on December 06, 2012, 02:43:46 PM
To find people who wil be willing check out Bitcoin-OTC  http://bitcoin-otc.com


Title: Re: Accept cash deposit at my bank?
Post by: willz123 on December 10, 2012, 03:44:24 PM
Thanks but that hasnt really answered the question. Do you see any problems with accepting cash at your local bank as a payment method?

Many Thanks


Title: Re: Accept cash deposit at my bank?
Post by: Killer19 on December 10, 2012, 03:49:33 PM
Thanks but that hasnt really answered the question. Do you see any problems with accepting cash at your local bank as a payment method?

Many Thanks

If you can find someone that'll accept that method, only speed bump here basically. It happens though.


Title: Re: Accept cash deposit at my bank?
Post by: mjc on December 10, 2012, 03:54:46 PM
No there is no problem with that method.  It is actually used a lot by the guys over at bitcoin-otc.  There is no charge back so it is safe.


Title: Re: Accept cash deposit at my bank?
Post by: tarrant_01 on December 10, 2012, 03:58:56 PM
What bank do you use?

See my sig.