Does any bank accept Bitcoin?

[Babayega31]

Bitcoin exchange is accepted in bank right now in my country like security bank which the only bank I've known for wallet cash out option in my place. The transaction is fast and you dont need any atm card to withdraw your fiat money which was the exchanges of btc convertion. That bank nowadays were developing more facilities for further machines that improving faster services to people specially at the malls in our local cities.

[boybugs18]

I know that when you use a bank to cash out your bitcoin will automatically be converted into fiat but I do not know any bank who is accepting bitcoin directly. If the exchange site are connected to many banks then the bank will get the benefit too because of the fee the exchange need to pay to complete the transaction .

[Schuyler]

Not yet in my country.  Banks are still traditional and are not yet open minded about bitcoin.  Maybe in other country banks will accept bitcoin.

[LeGaulois]

A bank accepting bitcoin is accepting as fact that bitcoin is a currency. I know Barclays was interested to implement bitcoin but for donations. Credit Suisse, a bank in Switzerland was closely looking at bitcoin/blockchain, i don't know if since they started to accept it. Liberty Bank of Georgia is accepting Bitcoin
The first banks who will start to accept bitcoin will be surely the small one, or the start up like N26 as it allow them to access to an "untouched" market. The Swiss Government is really open for a crypto bank, there is a proposal in their Parliament. The thing is this country has a culture to ask first to the citizen before decide anything new, if the citizen say no, then 99% it's a final no and nothing will be done. Might me good in their citizen are open to it

[st0nefish]

Not yet in my country.  Banks are still traditional and are not yet open minded about bitcoin.  Maybe in other country banks will accept bitcoin.

The banks do not accept bitcoin. But they are investigating the blockchain technology that forms the infrastructure of the bitcoin system. Finance institutions are investigating blockchain technology. To be able to integrate the bank's intentional blockchain technology into the traditional banking system.

At this point, transactions will be faster and more secure.

[mornabo]

I think any bank will not be accept bitcoin because it is  an alternating  way of income which is hidden from Government.

I think it is only with the bank. bitcoin users can monitor the government in detail. when banks accept bitcoin, bitcoin course when users join the bank will provide the data themselves verification requirements

[morgand]

I am not sure if this is something for what you are looking for but I found a piece of article claiming that

Global Digital Bank WB21 Starts Accepting Bitcoin Deposits.

Some banks in India are working on blockchain technology to make their transactions faster but it is not related to bitcoin yet and even I didn't read any such news about it.

So, some bank just start accepting bitcoin. Well in my country, banks do not accept bitcoin yet because bitcoin did not really popular here, but i believe it might be accepted in other countries...I hope some bank in my country will accept bitcoin some day.

[Kasabus]

I am not sure if this is something for what you are looking for but I found a piece of article claiming that

Global Digital Bank WB21 Starts Accepting Bitcoin Deposits.

Some banks in India are working on blockchain technology to make their transactions faster but it is not related to bitcoin yet and even I didn't read any such news about it.

So, some bank just start accepting bitcoin. Well in my country, banks do not accept bitcoin yet because bitcoin did not really popular here, but i believe it might be accepted in other countries...I hope some bank in my country will accept bitcoin some day.

This is great, it will give another exposure to the people once bank supported bitcoin. I am pretty sure they have a good number of depositors that will come, it will be in their favor since they can use the money for their operation. I have not read how is the terms and condition under this type of deposit, it says it's under your current account. If this will be allowed in our country there should be a specific memorandum from central bank to give people a better understanding.

[Dudeperfect]

I am not sure if this is something for what you are looking for but I found a piece of article claiming that

Global Digital Bank WB21 Starts Accepting Bitcoin Deposits.

Some banks in India are working on blockchain technology to make their transactions faster but it is not related to bitcoin yet and even I didn't read any such news about it.

So, some bank just start accepting bitcoin. Well in my country, banks do not accept bitcoin yet because bitcoin did not really popular here, but i believe it might be accepted in other countries...I hope some bank in my country will accept bitcoin some day.

This is great, it will give another exposure to the people once bank supported bitcoin. I am pretty sure they have a good number of depositors that will come, it will be in their favor since they can use the money for their operation. I have not read how is the terms and condition under this type of deposit, it says it's under your current account. If this will be allowed in our country there should be a specific memorandum from central bank to give people a better understanding.

Can't be sure about other banks will accept bitcoins or not because bitcoin is still in the early phase now and since banks use and handle the money of its customers. It's likely to not take any risks as of now but some banks are working on blockchain technology to boost their transaction speed. Let's hope well for bitcoin in the banking sector.

[crwth]

In our country, you could withdraw your balance in exchange for fiat. For example, you could withdraw 0.01 BTC to approximately $9, and you could withdraw it in fiat. I don't know how they negotiated how they worked that out with the bank, but it's possible here. That's the minimum amount you can withdraw I think. I haven't tried it personally, but I know it works.

[legendbtc]

Bank won't touch bitcoin until they get confirmation message from the government. But many people are buying and selling bitcoin to other through banks only, even bank people don't know why they are transferring the money.

[delliaerd]

I am not sure if this is something for what you are looking for but I found a piece of article claiming that

Global Digital Bank WB21 Starts Accepting Bitcoin Deposits.

Some banks in India are working on blockchain technology to make their transactions faster but it is not related to bitcoin yet and even I didn't read any such news about it.

So, some bank just start accepting bitcoin. Well in my country, banks do not accept bitcoin yet because bitcoin did not really popular here, but i believe it might be accepted in other countries...I hope some bank in my country will accept bitcoin some day.

This is great, it will give another exposure to the people once bank supported bitcoin. I am pretty sure they have a good number of depositors that will come, it will be in their favor since they can use the money for their operation. I have not read how is the terms and condition under this type of deposit, it says it's under your current account. If this will be allowed in our country there should be a specific memorandum from central bank to give people a better understanding.

Can't be sure about other banks will accept bitcoins or not because bitcoin is still in the early phase now and since banks use and handle the money of its customers. It's likely to not take any risks as of now but some banks are working on blockchain technology to boost their transaction speed. Let's hope well for bitcoin in the banking sector.

As far as I know i never heard if there is any bank accept bitcoin. But after see your post and checked the news of your link i aware now, even that news made on july 2016 and i just know now . it is good news for bitcoin, i hope that will also there on my country. I really appreciate it although I confused how with whole bitcoin made for anonymous, and now it's break because we use bank and deposit our bitcoin to it. But it depends how peoples Respond to the that impact, if he felt that impact is not problem it's better for them.

[Zadicar]

I am not sure if this is something for what you are looking for but I found a piece of article claiming that

Global Digital Bank WB21 Starts Accepting Bitcoin Deposits.

Some banks in India are working on blockchain technology to make their transactions faster but it is not related to bitcoin yet and even I didn't read any such news about it.

So, some bank just start accepting bitcoin. Well in my country, banks do not accept bitcoin yet because bitcoin did not really popular here, but i believe it might be accepted in other countries...I hope some bank in my country will accept bitcoin some day.

This is great, it will give another exposure to the people once bank supported bitcoin. I am pretty sure they have a good number of depositors that will come, it will be in their favor since they can use the money for their operation. I have not read how is the terms and condition under this type of deposit, it says it's under your current account. If this will be allowed in our country there should be a specific memorandum from central bank to give people a better understanding.

Can't be sure about other banks will accept bitcoins or not because bitcoin is still in the early phase now and since banks use and handle the money of its customers. It's likely to not take any risks as of now but some banks are working on blockchain technology to boost their transaction speed. Let's hope well for bitcoin in the banking sector.

As far as I know i never heard if there is any bank accept bitcoin. But after see your post and checked the news of your link i aware now, even that news made on july 2016 and i just know now . it is good news for bitcoin, i hope that will also there on my country. I really appreciate it although I confused how with whole bitcoin made for anonymous, and now it's break because we use bank and deposit our bitcoin to it. But it depends how peoples Respond to the that impact, if he felt that impact is not problem it's better for them.

I think it wont be effective at all in longer runs because people or bitcoin holders would not tend to put their bitcoins on banks since they will give out their full identity which means they break already its anonymity which same as you said but most user will rather choose to use their traditional web wallet or hardware wallets.

[Mr.grin]

for now, I've never heard of a bank that accepts bitcoin. Well, bitcoin has great influence, but I believe, the bank has not received a bitcoin. there is some great potential if banks start accepting bitcoin, and I'm sure, someday, and bitcoin bank will work together to build something better.

[megynacuna]

for now, I've never heard of a bank that accepts bitcoin. Well, bitcoin has great influence, but I believe, the bank has not received a bitcoin. there is some great potential if banks start accepting bitcoin, and I'm sure, someday, and bitcoin bank will work together to build something better.

You're right there aren't any that I know as you said but there are financial institutions ( not banks) that currently accepts Bitcoin payments and store them up for themselves like shopawl and purse.io  . We are all looking for the betterment of Bitcoin so if the banks embrace itin the coming years the better for all of us.

[ReLieD]

Till now there is no Bank accepting bitcoin .
Like a doubt came in my mind.
You have wallets to stoke your bitcoin, then why do you want banks.
I can understand that few people buy like 20 bitcoins or so,
But the population of them is very less.
Most of the people have less bitcoins.
So unless there are many people who require banks,
There will be no banks

[Gembul]

Till now there is no Bank accepting bitcoin .
Like a doubt came in my mind.
You have wallets to stoke your bitcoin, then why do you want banks.
I can understand that few people buy like 20 bitcoins or so,
But the population of them is very less.
Most of the people have less bitcoins.
So unless there are many people who require banks,
There will be no banks

I think if there's bitcoin bank, the bank will have a guarantee of security for the users. For example if we have bitcoin in the bank and lost it with a provision our money will be refunded if it is purely the fault of the bank. Because no guarantee like that right now and bitcoin bank may be have system of interest that could give us benefit. But I personally doesnt like bitcoin banks. Thank you

[frendsento]

With almost 3 years of experience in the cryptocurrency world I still not saw or try with my own hands banks that accept bitcoin as an alternative option to cash in or cash out money , well if that happens I believe it will be beneficial to many users all over the world ! however at the present time Bitcoin is still not recognised as a currency and so the banks are !

[Botnake]

With almost 3 years of experience in the cryptocurrency world I still not saw or try with my own hands banks that accept bitcoin as an alternative option to cash in or cash out money , well if that happens I believe it will be beneficial to many users all over the world ! however at the present time Bitcoin is still not recognised as a currency and so the banks are !

Less hassle for us, we do not need to convert it to fiat in a certain exchange sites because it can automatically be converted to fiat in our bank deposit. This news will be added as the new features of the bank and will make the crypto world stronger as it is a statement that the government is open with the idea of crypto currencies. The whole economy of bitcoin will progress and a win-win situation for both fiat and bitcoin users.

[boybugs18]

With almost 3 years of experience in the cryptocurrency world I still not saw or try with my own hands banks that accept bitcoin as an alternative option to cash in or cash out money , well if that happens I believe it will be beneficial to many users all over the world ! however at the present time Bitcoin is still not recognised as a currency and so the banks are !

Less hassle for us, we do not need to convert it to fiat in a certain exchange sites because it can automatically be converted to fiat in our bank deposit. This news will be added as the new features of the bank and will make the crypto world stronger as it is a statement that the government is open with the idea of crypto currencies. The whole economy of bitcoin will progress and a win-win situation for both fiat and bitcoin users.

it would take years to analyze and study about the possible effect of banks being able to process bitcoin on their system they dont want to lose big amount of money and the implementation would take long and I think it will need to be build from scratch . Mass adoption of bitcoin will be the most big impact to make banks recognize how important bitcoin is.