Bitcoin Forum

Economy => Service Discussion => Topic started by: MatTheCat on November 14, 2013, 01:55:54 AM



Title: Transferring GBP (UK) to Bitstamp???
Post by: MatTheCat on November 14, 2013, 01:55:54 AM
Are there any UK based Bitcoin holders who could advise on best method?

Obviously, their was the TW currency exchange that offered a more palatable fee (hidden fee) than bank transfer, but they have suspended all payments to Bitcoin exchanges.

Then i have just tried Forex UK, and much to my surprise, my mother (whose house my bank account is registered at) just got a confirmation call from them when I went to make a 5K transfer........fk that, and fk them, quite frankly.

Then there is obviously Localbitcoins.com, but the prices on their tend to track the MtGox premiums and at the time being are 20-30 quid over spot....again, fk that.

EDIT:

And you can add ForexUK to that list of money changers who dont fund Bitcoin exchanges.





Title: Re: Transferring GBP (UK) to Bitstamp???
Post by: seafarer124 on November 14, 2013, 08:02:43 AM
I use my NatWest account with internet banking/international transfer.  Never had a problem, just did another transfer an hour ago. 

Ten pound fee for the transfer, funds will be in my BitStamp account tomorrow.







Title: Re: Transferring GBP (UK) to Bitstamp???
Post by: MatTheCat on November 15, 2013, 02:53:24 AM
I use my NatWest account with internet banking/international transfer.  Never had a problem, just did another transfer an hour ago. 

Ten pound fee for the transfer, funds will be in my BitStamp account tomorrow.


U pay top dollar for using bank transfer.

On a 5K transfer you are losing about 160GBP one way.

I finally transferred using Post Office (HiFx) International Money Transfer....not the best rates but better than a bank.



Title: Re: Transferring GBP (UK) to Bitstamp???
Post by: seafarer124 on November 15, 2013, 04:26:28 AM
I use my NatWest account with internet banking/international transfer.  Never had a problem, just did another transfer an hour ago. 

Ten pound fee for the transfer, funds will be in my BitStamp account tomorrow.


U pay top dollar for using bank transfer.

On a 5K transfer you are losing about 160GBP one way.

I finally transferred using Post Office (HiFx) International Money Transfer....not the best rates but better than a bank.


The fee I pay is 10 pounds, whether 500 or 5,000 pounds.


Title: Re: Transferring GBP (UK) to Bitstamp???
Post by: il--ya on February 03, 2014, 07:56:56 PM
I use my NatWest account with internet banking/international transfer.  Never had a problem, just did another transfer an hour ago. 

Ten pound fee for the transfer, funds will be in my BitStamp account tomorrow.


U pay top dollar for using bank transfer.

On a 5K transfer you are losing about 160GBP one way.

I finally transferred using Post Office (HiFx) International Money Transfer....not the best rates but better than a bank.


The fee I pay is 10 pounds, whether 500 or 5,000 pounds.

How much you lose on GBP->EUR->GBP conversion?