Mt.Gox USD to SEPA withdrawal possible?

[dudel42]

Now that the latest news is that SEPA withdrawals on Mt.Gox should actually take less time (even if still too long) than USD withdrawals, does anyone know if it is possible to withdraw USD funds from Mt.Gox as SEPA transfers?

Or does one have to "convert" to EUR first by having to buy BTC with USD, and then sell the BTC for EUR, and then withdraw the EUR funds as SEPA?

Has anyone actually tried/done this?

thanks!

[dudel42]

I'm in the EU, but have so far only ever dealt with mt.gox in USD.

So to summarize, I have to buy BTC with mtgoxUSD, then sell BTC with mtgoxEUR before I can initiate a SEPA withdrawal (there's no automatic USD-EUR conversion like there is on bitstamp)?

[joesmoe2012]

I got a 100 EUR test SEPA withdarw D+1, but my larger ones have been pending for weeks.

Gox's alleges they are limited by their bank on the volume of SEPA they can transfer daily, so they say sometimes small amounts get processed faster because they can fit more of them in.

[de_xt]

I'm in the EU, but have so far only ever dealt with mt.gox in USD.

So to summarize, I have to buy BTC with mtgoxUSD, then sell BTC with mtgoxEUR before I can initiate a SEPA withdrawal (there's no automatic USD-EUR conversion like there is on bitstamp)?

I asked this to the support desk, and this was their answer:

Thank you for contacting us. You can not make an direct currency conversion. However, using USD you can buy bitcoins and sell it through EUR and get back the funds into your euro wallet. On going forward you can use both SEPA or International wire method to withdraw EURO. Could you require any further assistance contact us.

[dudel42]

thanks for the official reply on that topic!