[2015-09-02]CCN-BARCLAYS WILL NOT ACCEPT BITCOIN AS PAYMENT INTO BANK ACCOUNTS

[tolikkk]

Leading UK Bank Barclay's has denied it will accept Bitcoin later this year as reported in numerous publications including The Sunday Times and Ars Technica.

The report stated Barclay's would work with an un-named Bitcoin exchange and that, at first, only charities would be able to pay bitcoins into Barclays accounts. However, CCN received an email from Barclays regarding the reports, and the bank promptly denied any such plans.

https://www.cryptocoinsnews.com/barclays-will-not-accept-bitcoin-payment-bank-accounts/

[Kakmakr]

It would be interesting to know, if they will block fiat converted on Bitcoin exchanges and withdrawn to bank accounts. If they block transfers from exchange accounts, I will close some of my bank accounts with them, and move to a group or a bank, who will not try to sabotage Bitcoin. I have already started to investigate Bitcoin-friendly options, and this will be a easy decision, if they want to follow that route.

I will also inform my business partners on my findings and I am sure they would also move to a more friendly option. We must support the companies and the banks who support us. They can work with Bitcoin to improve their services and give customers the option to decide if they want to transfer fiat money derived from Bitcoin, through their system.

To sabotage Bitcoin customers, will count against them, because there are always other options to follow or competitors to support.