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Other => Beginners & Help => Topic started by: dertin03 on April 04, 2013, 11:20:44 AM



Title: Blockchain only does Sofort Banking?
Post by: dertin03 on April 04, 2013, 11:20:44 AM
Hey guys just wondering if I could get a bit of help. The first time I used blockchain I was able to use online banking UK Domestic. However now it only allows me to do EU Sofort banking. Anyone else have this problem and willing to offer some insight?


Title: Re: Blockchain only does Sofort Banking?
Post by: empoweoqwj on April 04, 2013, 11:23:45 AM
Hey guys just wondering if I could get a bit of help. The first time I used blockchain I was able to use online banking UK Domestic. However now it only allows me to do EU Sofort banking. Anyone else have this problem and willing to offer some insight?

I think it got dumped.


Title: Re: Blockchain only does Sofort Banking?
Post by: countryfree on April 04, 2013, 11:25:00 AM
I'm having this problem too, and it's a big one because Sofort Banking asks you to give your full banking credentials and passwords which I refuse, so you have to use an exchange like MtGox.

But I don't know why Sofort Banking is the only service offered.


Title: Re: Blockchain only does Sofort Banking?
Post by: Irwell on April 04, 2013, 11:26:20 AM
Quote
Blockchain.info ‏@blockchain 28 Mar

UK deposits ceased indefinitely. Apologies for any inconvenience.


Title: Re: Blockchain only does Sofort Banking?
Post by: dertin03 on April 04, 2013, 11:30:52 AM
Thanks for your help guys. I'm just going to use an exchange.


Title: Re: Blockchain only does Sofort Banking?
Post by: empoweoqwj on April 04, 2013, 11:38:06 AM
I have found bitstamp.net excellent. Fast and efficient SEPA deposits. Decent trading platform.


Title: Re: Blockchain only does Sofort Banking?
Post by: elebit on April 04, 2013, 01:42:40 PM
I can second the Bitstamp recommendation. I recently did a very small transaction just to try it out, and it worked as advertised.


Title: Re: Blockchain only does Sofort Banking?
Post by: matthewh3 on April 04, 2013, 02:28:31 PM
Yeah IIRC BITSTAMP offers free deposits for UK users and is the only exchange I know of that does but withdrawals to UK bank accounts are not free  :(


Title: Re: Blockchain only does Sofort Banking?
Post by: dertin03 on April 04, 2013, 07:49:02 PM
Bitstamp offers free for UK customers. I saw that there was an international fee, and it takes 2-5 days.


Title: Re: Blockchain only does Sofort Banking?
Post by: iruleeveryone28 on April 04, 2013, 07:53:56 PM
Interestingly enough, yesterday (and the preceding couple of days) the BT choice wasn't even available to select in blockchain.

It IS now.  However, once clicked a red message is displayed on top of the opened box stating BT is currently not available.

MAYBE a step in the right direction.  It was so simple and quick to use.


Title: Re: Blockchain only does Sofort Banking?
Post by: dertin03 on April 04, 2013, 07:57:53 PM
Whats the next best thing now then?


Title: Re: Blockchain only does Sofort Banking?
Post by: NABiT on April 04, 2013, 07:59:13 PM
Bitstamp

Deposits

SEPA deposit will be credited in 1 - 3 business days. All funds transferred in EUR will be converted to USD, free of charge.

International bank transfer deposits carry 0.1% deposit fee on our side (minimum fee = $15) and take 2 - 5 business days to credit. All other currencies will be converted to USD

Withdrawals

SEPA - Minimum withdrawal amount is $10

International withdrawals will be charged with 0.09% fee, minimum fee is $15.00. Minimum amount for international withdrawal is $50.00. You have $23.25 available. You always have to insert U.S. dollar amount you wish to withdraw. This amount will be converted to the selected currency, free of charge.


Title: Re: Blockchain only does Sofort Banking?
Post by: iruleeveryone28 on April 04, 2013, 08:00:00 PM
BitStamp apparently.

Now I've not tried it, however I'm browing their site.  There doesn't seem to be an option to deposit £, only $ and EUR.  We (UK) are apparently not in the SEPA zone.  Could anyone clarify how a UK user is to purchase btc from BitStamp?

Also check out, http://bitcoinfridge.co.uk/


Title: Re: Blockchain only does Sofort Banking?
Post by: iruleeveryone28 on April 04, 2013, 08:01:32 PM
Bitstamp

Deposits

SEPA deposit will be credited in 1 - 3 business days. All funds transferred in EUR will be converted to USD, free of charge.

International bank transfer deposits carry 0.1% deposit fee on our side (minimum fee = $15) and take 2 - 5 business days to credit. All other currencies will be converted to USD

Withdrawals

SEPA - Minimum withdrawal amount is $10

International withdrawals will be charged with 0.09% fee, minimum fee is $15.00. Minimum amount for international withdrawal is $50.00. You have $23.25 available. You always have to insert U.S. dollar amount you wish to withdraw. This amount will be converted to the selected currency, free of charge.

So I can deposit GBP?

How long will it take to deposit/change to USD?

*EDIT*

Are we considered "International"?



Title: Re: Blockchain only does Sofort Banking?
Post by: NABiT on April 04, 2013, 08:02:24 PM
BitStamp apparently.

Now I've not tried it, however I'm browing their site.  There doesn't seem to be an option to deposit £, only $ and EUR.  We (UK) are apparently not in the SEPA zone.  Could anyone clarify how a UK user is to purchase btc from BitStamp?

Also check out, http://bitcoinfridge.co.uk/

UK is in the SEPA zone

Use transferwise to save on extortionate bank fees and exchange rates - http://transferwise.com/u/054b


Title: Re: Blockchain only does Sofort Banking?
Post by: iruleeveryone28 on April 04, 2013, 08:03:46 PM
BitStamp apparently.

Now I've not tried it, however I'm browing their site.  There doesn't seem to be an option to deposit £, only $ and EUR.  We (UK) are apparently not in the SEPA zone.  Could anyone clarify how a UK user is to purchase btc from BitStamp?

Also check out, http://bitcoinfridge.co.uk/

UK is in the SEPA zone

Use transferwise to save on extortionate bank fees and exchange rates - http://transferwise.com/u/054b

Ok, so I can exchange to EUR using transferwise.  How long does that take?

AH "Great Britain"...so used to seeing United Kingdom!


Title: Re: Blockchain only does Sofort Banking?
Post by: bowen151 on April 04, 2013, 08:04:47 PM
Simply sign up to transferwise: http://transferwise.com/u/f0bd

Open bitstamp

Click SEPA deposit on bitstamp page to get payment/banking information

Back to transferwise and input the details from bitstamp by pressing the "make a payment"

Upload your GBP funds to transferwise by debit card or bank transfer and when they get that payment, the will then send it on to bitstamp as a SEPA payment.

24-72 hours later your bitstamp account should be credited and ready to buy bitcoin


Title: Re: Blockchain only does Sofort Banking?
Post by: iruleeveryone28 on April 04, 2013, 08:05:22 PM
Simply sign up to transferwise: http://transferwise.com/u/f0bd

Open bitstamp

Click SEPA deposit on bitstamp page to get payment/banking information

Back to transferwise and input the details from bitstamp by pressing the "make a payment"

Upload your GBP funds to transferwise by debit card or bank transfer and when they get that payment, the will then send it on to bitstamp as a SEPA payment.

24-72 hours later your bitstamp account should be credited and ready to buy bitcoin

Amazing, thanks for your help :)


Title: Re: Blockchain only does Sofort Banking?
Post by: NABiT on April 04, 2013, 08:07:35 PM
BitStamp apparently.

Now I've not tried it, however I'm browing their site.  There doesn't seem to be an option to deposit £, only $ and EUR.  We (UK) are apparently not in the SEPA zone.  Could anyone clarify how a UK user is to purchase btc from BitStamp?

Also check out, http://bitcoinfridge.co.uk/

UK is in the SEPA zone

Use transferwise to save on extortionate bank fees and exchange rates - http://transferwise.com/u/054b

Ok, so I can exchange to EUR using transferwise.  How long does that take?

AH "Great Britain"...so used to seeing United Kingdom!

I have had payments go through and arrive at Bitstamp same day, longest was next day but I guess it could take longer.


Title: Re: Blockchain only does Sofort Banking?
Post by: matthewh3 on April 04, 2013, 08:17:01 PM
Simply sign up to transferwise: http://transferwise.com/u/f0bd

Open bitstamp

Click SEPA deposit on bitstamp page to get payment/banking information

Back to transferwise and input the details from bitstamp by pressing the "make a payment"

Upload your GBP funds to transferwise by debit card or bank transfer and when they get that payment, the will then send it on to bitstamp as a SEPA payment.

24-72 hours later your bitstamp account should be credited and ready to buy bitcoin

Amazing, thanks for your help :)

I don't think Transferwise is needed for BITSTAMP as they state on their website free deposits for UK bank accounts IIRC.  You need to send the money from your online banking as a international transfer/payment.

Does anyone know if Transferwise can be used to receive money in the UK cheaply as BITSTAMP does charge for UK deposits.


Title: Re: Blockchain only does Sofort Banking?
Post by: NABiT on April 04, 2013, 08:24:16 PM
Quote

I don't think Transferwise is needed for BITSTAMP as they state on their website free deposits for UK bank accounts IIRC.  You need to send the money from your online banking as a international transfer/payment.

Does anyone know if Transferwise can be used to receive money in the UK cheaply as BITSTAMP does charge for UK deposits.

No it isn't but I am sure you will find your bank will sting you whatever method you choose in terms of fees and exchange rates.

As far as I know transferwise is a payment system only


Title: Re: Blockchain only does Sofort Banking?
Post by: dertin03 on April 04, 2013, 08:27:01 PM
My bad it does do UK for SEPA transfers. I'm gonna give it a shot now thanks


Title: Re: Blockchain only does Sofort Banking?
Post by: bowen151 on April 04, 2013, 08:27:30 PM
UK wire transfers to international destinations are around £25 I think at my local bank branch.

Also they take an age to complete (process)

SEPA seems to be the quickest and cheapest in terms of fees I think


Title: Re: Blockchain only does Sofort Banking?
Post by: NABiT on April 04, 2013, 08:40:07 PM
UK wire transfers to international destinations are around £25 I think at my local bank branch.

Also they take an age to complete (process)

SEPA seems to be the quickest and cheapest in terms of fees I think

Agree, and if anyone can find a SEPA payment system that beats transferwise's flat fee of £1 for up to 200 GBP/EUR - 0.5% for larger then I would be interested to know.


Title: Re: Blockchain only does Sofort Banking?
Post by: dertin03 on April 04, 2013, 10:41:15 PM


AH "Great Britain"...so used to seeing United Kingdom!
Thats where I got confused


Title: Re: Blockchain only does Sofort Banking?
Post by: dertin03 on April 04, 2013, 10:44:12 PM
UK wire transfers to international destinations are around £25 I think at my local bank branch.

Also they take an age to complete (process)

SEPA seems to be the quickest and cheapest in terms of fees I think

£10 from Lloyds online


Title: Re: Blockchain only does Sofort Banking?
Post by: iruleeveryone28 on April 04, 2013, 10:59:55 PM
So we've basically re-found out that transferwire is the best option ATM. :D


Title: Re: Blockchain only does Sofort Banking?
Post by: widgetp on April 04, 2013, 11:08:29 PM
Have they also removed their barclays option?


Title: Re: Blockchain only does Sofort Banking?
Post by: bowen151 on April 04, 2013, 11:24:10 PM
Yep.

They have removed pingit and also GBP payments through sofort, the best option now is to do this through different websites:

With a UK debit card you can do this:

Simply sign up to transferwise: http://transferwise.com/u/f0bd

Open bitstamp

Click SEPA deposit on bitstamp page to get payment/banking information

Back to transferwise and input the details from bitstamp by pressing the "make a payment"

Upload your funds to transferwise by debit card or bank transfer and when they get that payment, the will then send it on to bitstamp as a SEPA payment.

24-72 hours later your bitstamp account should be credited and ready to buy bitcoin