Bitcoin Forum

Bank of America allows you to send money to other customers online instantly. There is no waiting period in my experience with the use of this feature and it is free if we are both customers with personal accounts (no business accounts).

The only problem is that you have to give me your last name, account number, and zip code, and of course you need a personal BofA checking account (savings might work as well).

However, this is not an ACH transfer (it's some internal bank thing), and because I have to type a code in from a text that they send to my phone, and verify other information, it would be very difficult for me to claim it was a fraudulent transfer. So I think it's a pretty safe method for receiving the money.

If anyone is interested send a PM.

I have now traded this way once successfully, he sent the BTC first and I waited until 6 confirmations and then sent the immediate payment online. The other trader can post about it if he wants (didn't know if wanted to be anon or not).

The entire process took less than an hour.

Please keep this thread up as I may be looking to do this again soon.

bump: looking to do another $50 transaction in this manner. please let me know

Bump. Looking to trade $50 Bank of America for 9.75 BTC.

After Mt. Gox's deliberate fraud and theft of my money I can no longer use them to exchange USD for BTC.

I've done a BofA trade before successfully. I am looking for $100 USD worth of BTC. That's about 19.40 BTC right now and I am basing that on Gox's high price so you receive a small premium for your transaction.

Looks like prices went up again. I can trade $100 BofA for 17.5 BTC. All BofA transfers are free and instant. Due to a financial shortfall I have to redact this offer. The MoneyPak offer still stands.

I also have a $80 MoneyPak, with receipt available. I'd like to trade for 13.5 BTC (bigger margin here since MoneyPaks are harder to get the cash out of them).