Bitcoin Forum

Economy => Currency exchange => Topic started by: wizardofwhere on February 07, 2015, 10:15:40 PM



Title: Banking Issues
Post by: wizardofwhere on February 07, 2015, 10:15:40 PM
When a US bank is used to accept walk-in deposits for BTC sales is anyone having any issues with their bank?  Is it a business or personal account?

Thx


Title: Re: Banking Issues
Post by: CanadaBits on February 07, 2015, 10:43:05 PM
As long as the account details are correct it doesn't matter if its business or personal you should be funded instantly. If its not a cash deposit I lbelieve it can reversed. So If someone is receiving funds on your end or someone elses end and there is a problem you probably will never see that money again


Title: Re: Banking Issues
Post by: Cryptock on February 07, 2015, 10:46:03 PM
I don't think banks are still hostile towards bitcoin.


Title: Re: Banking Issues
Post by: Cryptology on February 08, 2015, 09:58:19 AM
When a US bank is used to accept walk-in deposits for BTC sales is anyone having any issues with their bank?  Is it a business or personal account?

Thx

There is a long thread focused on banks' attitude towards bitcoin.
https://bitcointalk.org/index.php?topic=264679.0


Title: Re: Banking Issues
Post by: geoffreyqp on February 08, 2015, 10:19:18 AM
As long as the account details are correct it doesn't matter if its business or personal you should be funded instantly. If its not a cash deposit I lbelieve it can reversed. So If someone is receiving funds on your end or someone elses end and there is a problem you probably will never see that money again

wellsfargo has a 1 hour cash deposit reversal period from what i've read.

and some other banks do stuff as well because the tellers make mistakes.

it's best to wait until the banks close to send the btc to be safe.


Title: Re: Banking Issues
Post by: CanadaBits on February 08, 2015, 08:29:57 PM
I deal with banks in Canada I buy a lot of btc with cash deposit method with business accounts named with btc in the title of account never had a problem


Title: Re: Banking Issues
Post by: picolo on February 08, 2015, 08:36:42 PM
As long as the account details are correct it doesn't matter if its business or personal you should be funded instantly. If its not a cash deposit I lbelieve it can reversed. So If someone is receiving funds on your end or someone elses end and there is a problem you probably will never see that money again

If it is not cash of course it could be reverse.