Bitcoin Forum

Other => Beginners & Help => Topic started by: hjordan on September 07, 2013, 12:21:54 PM



Title: International bank transfer or SEPA
Post by: hjordan on September 07, 2013, 12:21:54 PM
I live in the UK and made a withdrawal using a SEPA transfer as the UK is in the SEPA region, but as we don't use EUR, this means the USD were exchanged to EUR and then to GBP. Would I have been given a poor exchange rate? If so, would I have been better off with the USD being transferred straight to GBP, i.e. one exchange instead of two? Would an international bank transfer convert USD straight to GBP?



Title: Re: International bank transfer or SEPA
Post by: marcovaldo on September 07, 2013, 01:21:45 PM
I don't know exactly how it works, but you should call your bank, they should explain exactly which fees they are taking for each transfer


Title: Re: International bank transfer or SEPA
Post by: b!z on September 07, 2013, 03:16:49 PM
You can do a local bank deposit to a local bitcoins user.