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Bitcoin Forum > Economy > Marketplace > Service Discussion > Who or how does BitPay clear BitCoin?
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JohnyBigs (OP)
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June 26, 2013, 02:06:00 AM
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I'm wondering how does BitPay offer to exchange BitCoin for local currency? I know they can sell BitCoin on Mt.Gox for USD but what about what about other local currencies? Do they just then convert the USD into another local currency?

Does anybody know how it's done?
zoinky
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June 26, 2013, 06:05:16 AM
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Many currencies in many banks all around the world.
mprep
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June 26, 2013, 11:39:56 AM
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Quote from: zoinky on June 26, 2013, 06:05:16 AM
Many currencies in many banks all around the world.
That's probably it. If you have a sizable business in this sector, having such ban accounts is necessary.
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