Does any bank accept Bitcoin?

[bitcoinisbest]

In our country there is none who accepts btc currently. Well for future no idea as their needs to be rules and regulations in place to govern it if it has to be declared as a currency. Will need to wait and see what it is about.

[radamiel]

In our country there is none who accepts btc currently. Well for future no idea as their needs to be rules and regulations in place to govern it if it has to be declared as a currency. Will need to wait and see what it is about.

in my country is also no formal banks that accept BTC, although there are ATM but nonetheless it was not an official bank, the bank is quite difficult indeed to accept bitcoin, a lot of things such as regulation of the government to accept bitcoin

[just_Alice]

I think that none of the banks will accept btc. They control the money, with btc can't do that, and this is something they try to avoid. And if this happens one day , this day will be not far soon.

Some banks are already accepting bitcoin and I'm sure there will be more of them in the future. I personally don't think there is a kind of conspiracy against bitcoin. People who run banks are businessmen in the first place, so when they see something is profitable for their business they accept it.

I don't know which banks and where Bitcoin is accepted. In my country banks are not accepting Bitcoin. I heard that Japan allowed Bitcoin is a legal currency and their people can do business with Bitcoin. So I think in Japan banks may be started to accept Bitcoin. I am not sure it's just my opinion. Becasue the govt is already accepted BTC means Banks also accept right.

A Singaporean bank WB21 is accepting bitcoin. Here's an article on this: https://www.entrepreneur.com/article/278501

Also Ukraine’s largest bank PrivatBank started accepting BTC more than a year ago:
 http://www.newsbtc.com/2015/12/06/ukraines-privatbank-includes-bitcoin-support-for-e-commerce-merchants/

 I'm sure there are more examples but of course bitcoin unfortunately is not accepted by most banks in the world.

[deisik]

I think that none of the banks will accept btc. They control the money, with btc can't do that, and this is something they try to avoid. And if this happens one day , this day will be not far soon.

Some banks are already accepting bitcoin and I'm sure there will be more of them in the future. I personally don't think there is a kind of conspiracy against bitcoin. People who run banks are businessmen in the first place, so when they see something is profitable for their business they accept it.

I don't know which banks and where Bitcoin is accepted. In my country banks are not accepting Bitcoin. I heard that Japan allowed Bitcoin is a legal currency and their people can do business with Bitcoin. So I think in Japan banks may be started to accept Bitcoin. I am not sure it's just my opinion. Becasue the govt is already accepted BTC means Banks also accept right.

A Singaporean bank WB21 is accepting bitcoin. Here's an article on this: https://www.entrepreneur.com/article/278501

Also Ukraine’s largest bank PrivatBank started accepting BTC more than a year ago:
 http://www.newsbtc.com/2015/12/06/ukraines-privatbank-includes-bitcoin-support-for-e-commerce-merchants/

 I'm sure there are more examples but of course bitcoin unfortunately is not accepted by most banks in the world.

These banks are not accepting bitcoins in the way people here think they should

They just provide currency exchange operations for merchants and their clients (like what many exchangers in the Internet already do), but they are nowhere near accepting bitcoins in the way web wallets do, for example. That is, you can't open a deposit account (or checking account, for that matter) in such a bank and keep the coins there. Until then, I guess, we can't really claim that regular banks started to accept Bitcoin. Here's an interesting excerpt from the link above (emphasis added):

We are offering instant account opening for Private and Business clients from 180 countries. The problem some of our clients face is to make deposits if we don't maintain a local account in their country. By accepting Bitcoin, our customers can instantly transfer funds to their WB21 account from any country in the world. As soon as they send Bitcoin to our address, we credit the value in the currency the customer has selected to their checking account

This is still a far cry from Bitcoin deposits in the true sense of the word

[wuvdoll]

Maybe some small non-governmental banks can adopt bitcoin. But banks depend on government and they need some sort of stability of crrencies and legal basis which bitcoin doesn't have. So they will have to embrace bitcoin to their own risk.

Banks will accept bitcoin when government will announce to accept bitcoin unless and until it is a challenge for the banks, While the private sector banks are accepting it but totally on their own. This is an issue for both the bank and the bitcoin users. But the increasing number of bitcoin users is putting an indirect pressure on government and banks.

[paul gatt]

Maybe some small non-governmental banks can adopt bitcoin. But banks depend on government and they need some sort of stability of crrencies and legal basis which bitcoin doesn't have. So they will have to embrace bitcoin to their own risk.

Banks will accept bitcoin when government will announce to accept bitcoin unless and until it is a challenge for the banks, While the private sector banks are accepting it but totally on their own. This is an issue for both the bank and the bitcoin users. But the increasing number of bitcoin users is putting an indirect pressure on government and banks.

If banks accept bitcoin, that means they have to accept risks that may occur when the market fluctuates. Bitcoins are very valuable, when a bank accepts bitcoin, a portion of their capital is at risk of disappearing at any time, even if the bank can go bankrupt when bitcoin loses value. However, according to the current market, banks are quite capable of accepting bitcoins, because bitcoins are very stable.

[gribble]

Im sure that there are no banks which actually accept btc as a way to deposit money to bank account

You are right there are no Banks that accept bitcoin because bitcoin is still new something in the world at least for today
 but there is projects be called hyperledger, the projects that related with Banks.
 Sometime in the future if this projects be successful will many Banks adopt bitcoin in their business
and all of Banks accept bitcoin.

[MintCondition]

Im sure that there are no banks which actually accept btc as a way to deposit money to bank account

You are right there are no Banks that accept bitcoin because bitcoin is still new something in the world at least for today
 but there is projects be called hyperledger, the projects that related with Banks.
 Sometime in the future if this projects be successful will many Banks adopt bitcoin in their business
and all of Banks accept bitcoin.

Banks were only used now to do cash outs ,there's nothing yet that use for transaction exchange of bitcoin and banks,but soon bank will surely adapt bitcoin for its advancement and features . Though our wallets alone can do banks work offering a better features than banks,but we still need bank for us to cash out our money.

[deppil]

In our country there is none who accepts btc currently. Well for future no idea as their needs to be rules and regulations in place to govern it if it has to be declared as a currency. Will need to wait and see what it is about.

for now I have no banks that accept bitcoin. but we will not know what will happen in the future. bitcoin might be a necessity of the human and banks starting accept bitcoin

[cinchin]

Im sure that there are no banks which actually accept btc as a way to deposit money to bank account

You are right there are no Banks that accept bitcoin because bitcoin is still new something in the world at least for today
 but there is projects be called hyperledger, the projects that related with Banks.
 Sometime in the future if this projects be successful will many Banks adopt bitcoin in their business
and all of Banks accept bitcoin.

Banks were only used now to do cash outs ,there's nothing yet that use for transaction exchange of bitcoin and banks,but soon bank will surely adapt bitcoin for its advancement and features . Though our wallets alone can do banks work offering a better features than banks,but we still need bank for us to cash out our money.

- Right, the bank can only be used for cash transactions, Bitcoin transactions are not possible. I think banks really want to accept bitcoin but they can not control and manage it, they have a lot of problems when they want to control bitcoin
- Until now, the technology for Bitcoin transactions is still a big problem for banks. Maybe in the future or soon, the appropriate technology for Bitcoin transactions will appear, it will help the bank to accept and easily control the Bitcoin transactions. Then we will be able to withdraw and send bitcoins around the world

[Altas]

As far as my knowledge  there is no bank accept Bitcoin as a legal money. They do not allow us to invest  bitcoin for any purpose. Because no government accept this.

[mrcash02]

Im sure that there are no banks which actually accept btc as a way to deposit money to bank account

You are right there are no Banks that accept bitcoin because bitcoin is still new something in the world at least for today
 but there is projects be called hyperledger, the projects that related with Banks.
 Sometime in the future if this projects be successful will many Banks adopt bitcoin in their business
and all of Banks accept bitcoin.

Banks were only used now to do cash outs ,there's nothing yet that use for transaction exchange of bitcoin and banks,but soon bank will surely adapt bitcoin for its advancement and features . Though our wallets alone can do banks work offering a better features than banks,but we still need bank for us to cash out our money.

- Right, the bank can only be used for cash transactions, Bitcoin transactions are not possible. I think banks really want to accept bitcoin but they can not control and manage it, they have a lot of problems when they want to control bitcoin
- Until now, the technology for Bitcoin transactions is still a big problem for banks. Maybe in the future or soon, the appropriate technology for Bitcoin transactions will appear, it will help the bank to accept and easily control the Bitcoin transactions. Then we will be able to withdraw and send bitcoins around the world

I don't understand why someone would like to deposit BTCs at the bank. You don't need banks to control your Bitcoins or to store it. You just need the online and some offline services to move your Bitcoins to anywhere in virtual world. And if you want to convert it to cash, you just need to use an exchange and next you can deposit your money in the bank.

[BeGoods]

No banks doesnt support bitcoin, if they find you are using them to trade or invest over crypto they will find a way to frozen your funds or close your account or terminate it, soo no banks are part of bitcoin support, they like the blockchain technology but not interested into bitcoin.

regulations of each bank is different, in my country banks will not be too concerned what is beyond the authority of the bank, you make trades even if they will not commit to you Banning

[FlightyPouch]

As far as my knowledge  there is no bank accept Bitcoin as a legal money. They do not allow us to invest  bitcoin for any purpose. Because no government accept this.

Obviously, there are still no banks that accept bitcoin as a legal or main currency like fiat, but there are some that accept bitcoin as a virtual or digital currency. There are banks that accept bitcoin, but, they are not saving bitcoin, so they convert it to real money. And who's "they"? nany people invest on bitcoin and the government do not stop us from doing so.

[basesaw]

No, not all banks accept bitcoin. Mostly from us. They are waiting for approval of it. But there are already banks who accepts bitcoin. You can search it thru google.

[Sakamoto09]

I also dont know banks who accepting bitcoin directly basically bitcoin wallet is already like a bank so you dont need to put your bitcoins in the bank if there are chances like we that our money in the bank grow some small capital but maybe banks dont know the rules of bitcoins and they dont dont how they gonna going to process bitcoin.

[CraigWrightBTC]

No, the Banks doesn't accept bitcoin because bitcoin is difficult be adopted by Banks at least for today
and there is big different at least one different bitcoin decentralized and Banks is centralization,
something that is difficult for be united between bitcoin and fiat currency.

[Meowth05]

I don see any bank accepting bitcoin in there banks but already I see some atm in the street with you can cash-in your money and buy some bitcoin but it will get some personal information and get a high fee in any transactions you have mad but at least if your a beginner you can start investing.

[ije07]

I strongly disagree if there is a bank bitcoin are wholly wanting control bitcoin. I will fight if there was something to do that

[chineseprancing]

I strongly disagree if there is a bank bitcoin are wholly wanting control bitcoin. I will fight if there was something to do that

How can you fight if you are only a users. They can do anything mate, if they want to start building a bitcoin bank they can and i think it is good since we secured our bitcoin in their bank like our fiat we still putting extra money to make it secured and to earn little bit interest.