Scandinavian banks/prepaid cards and bitcoin

[seVell]

Excuse me for posting in english but I think it's better than using a translator.

All replies can be in your language. I'll use browser translation.

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How do banks in Norway, Sweden and denmark work with bitcoin?

Is it safe to trade bitcoin with bank transfers?

Is there any local prepaid card that will work with bitcoin? Like xapo or advcash?

Is there any cards in Denmark, Sweden or Norway that could fit in what we are looking for in this thread?

https://bitcointalk.org/index.php?topic=1173944.0

Please tell me all prepaid cards that you know and how easy is to get them.

If there are please also contribute directly in that thread.

How easy do you think it would be to approach a bank and ask them to issue a prepaid card with your logo and tailored to your needs?

Anyone with experience in that field?

[akaman]

How do banks in Norway, Sweden and denmark work with bitcoin?

As for Norway, my experience is bank don't work very well with Bitcoin. If you're lucky, they don't know what it is and don't care, otherwise they seem to be a bit on the paranoid side and prefer to not be involved.

For instance, DnB closed the bank acount of Justcoin effectively shutting down a very successful exchange in Norway.

Is it safe to trade bitcoin with bank transfers?

I myself sold some coins and was paid by bank transfers. As most people doing this, I experienced at some point one buyer initiating a (fraudulent) chargeback claiming non-delivery of coins, after which my bank (BNBank) made efforts to shut down my account (they froze it for a while and only reopened it after a lot of complaining). If you plan on selling coins and accepting deposit into your bank account, just make sure you have a paper trail of some sort in case your buyer tries to scam you (*especially* Germans!)

Is there any local prepaid card that will work with bitcoin? Like xapo or advcash?

I have no experience with prepaid cards, but I assume that pre-paid Visa/Mastercards obtained outside Scandinavia would also work within Scandinavia. The only pre-paid card provider I know of in Scandinavia is CCEDK (www.ccedc.com) which has several posts on this sub-forum.

Good luck.

[sturle]

I myself sold some coins and was paid by bank transfers. As most people doing this, I experienced at some point one buyer initiating a (fraudulent) chargeback claiming non-delivery of coins, after which my bank (BNBank) made efforts to shut down my account (they froze it for a while and only reopened it after a lot of complaining). If you plan on selling coins and accepting deposit into your bank account, just make sure you have a paper trail of some sort in case your buyer tries to scam you (*especially* Germans!)

German banks have very bad security.  The person sending you the money was almost certainly not the same who bought bitcoin!  In Germany many transfers are still done via paper by filling out a form and sending it to the bank.  If it is below 500 EUR, the bank will probably not check the signature, or do a very bad job at it.  German banks have an API as well, which is good and popular to use.  It doesn't support 2 factor authentication however, so if someone get your keys, e.g. via a Wintendo virus, you have lost.  And other problems.  I don't accept transfers of amounts below 500 EUR from German banks myself, decline everyone coming from VPNs and Tor, etc.  A few times I have called my bank and asked them to return the money and asked them to inform the sending bank because the scam was obviuos.

Note that you may get in real trouble if you refuse to return stolen money.

[akaman]

German banks have very bad security.  The person sending you the money was almost certainly not the same who bought bitcoin!  In Germany many transfers are still done via paper by filling out a form and sending it to the bank.  If it is below 500 EUR, the bank will probably not check the signature, or do a very bad job at it.  German banks have an API as well, which is good and popular to use.  It doesn't support 2 factor authentication however, so if someone get your keys, e.g. via a Wintendo virus, you have lost.  And other problems.  I don't accept transfers of amounts below 500 EUR from German banks myself, decline everyone coming from VPNs and Tor, etc.  A few times I have called my bank and asked them to return the money and asked them to inform the sending bank because the scam was obviuos.

Note that you may get in real trouble if you refuse to return stolen money.

True, not blaming the buyer necessarily, but more scams seem to come out of Germany, probably for said reason. The money was returned, and I had to make a vow to BNBank to stop all bitcoin related activity. So that was the end of that.

[TCK]

Yeah, some germans made an altcoin, "Groestlcoin" and tried to trick me into buying a lot of it, but when I didn't, they kicked me out of their IRC channel.