Does any bank accept Bitcoin?

[BitPlace]

No very certain that does not exists. No money to me made for the banks with Bitcoin, they hate it

Maybe not at this moment the bank will accept bitcoin. In future, once bitcoin will known in market even to a  low profile to average person already have knowledge about it,probably bank will consider bitcoin.

Maybe there are some bank accept bitcoin but not we dont know yet.Maybe we do know yet because bitcoin is not really a familiar to everyone.Maybe when bitcoin will popular soon some company will accept it.

[ciarneil01]

I think not all, but here in our country there are some bank accepting bitcoin, like security bank. And the reason why other bank don't accept bitcoins because as of now bitcoin is not that familiar for then.

[rina aulia]

there has not been a bank that accept bitcoin, can only trade for exchanger and then withdraw at local banks

[shaheer001]

In my knowledge still no bank is accepting Bitcoin as currency and there is no account holder like fiat money. But you can exchange it in USD and then withdraw from Bank in terms of USD or any other local currency.

[dvmd catona]

They only way banks could have access to bitcoin is through a third party company to avoid being hit by money laundering charges and fines. Otherwise its business as usual.

[jops]

Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.

I highly doubt,There is no bank accept bitcoin because there are a rules in banks. Every Client must present a legal information about your earnings that wouldn't be anonymous. Because the bank needs to know the details if your funds that you are earning are legal or not. Since it is bitcoin there is no paper you can present at the bank. In other way you cannot deposit it on a bank.
 

[JamesLizu152]

until now, there is no bank accept Bitcoin.

[jepoyr1]

At present, many countries have adopted bitcoin, which is the decisive factor for banks' acceptance, and I am sure many banks have accepted bitcoin at the moment.

[aucoin]

There is no bank accept Bitcoin and i guess it will never happen, especially to the fact that demand for crypto at the moment is falling
Anyway it will not serve them

[Musstang]

Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.

I have not heard of such a bank. But the news showed that there were ATMs installed to exchange Bitcoin. I think if there was a bank that started taking bitcoin, everyone would have known about it.

[freesia_pnp888]

hmmm, i don't think there is one.

[julzcoinbit]

Here in our country there's no bank that accept bitcoin as a currency, but through local exchanges like coins.ph, local exchanges can deal with the banks. Central Bank of the Philippines authorized the local exchanges to accept bitcoin and people here can freely do bitcoin transactions.

[sham100899]

there are some bank who accept bitcoin and there are others that who don't, if banks and government combine forces definitely with no hesitation the price of bitcoin will go to the moon.

[troBelx]

Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.

Other European banks will soon be in touch with Bitcoin related transactions. While short-term investors see a decline in dollar prices in Bitcoin, and their panic in droves to sell it, Bitcoin gained an agreement that led to another international signing in Europe. 247 Exchange.com , based on Belize, has secured an agreement with Sofort Banking, providing Bitcoin purchases for access to over 22,000 European bank branches across Europe.

Now more than 400 European Bank Allow Direct Purchase of Bitcoin

European banks have now joined the main retail list to receive Bitcoin directly. Currently, Bitcoin becomes easier in its transactions if you have a bank account in most European countries. All you need is to be a member of one of hundreds of banks, and you can buy not just Bitcoin, but many other cryptographic currencies too quickly, and easily. It includes over 400 banks in ten countries (Germany, Austria, Switzerland, England, Netherlands, Belgium, France, Italy, Spain, Poland). This will allow 99% of all banks in Germany to accept Bitcoin purchases through 247Exchange . Slovenian and Hungarian Banks have not issued an addendum as this Agreement.

247Exchange will take your order, and process the order to the European bank where you are a member of the bank, with instant transactions that are completely secure and free for the sender. Sofort AG is a merchant / banking conglomerate from Munich, Germany representing over 30,000 merchants and hundreds of banks across Europe.

[yokai21]

Certainly many banks accept bitcoin just like cebuana and others and there are also banks waiting for bitcoin.

[goldexp83]

yes, there are currently some banks in Switzerland that are accepting cryptos, thats pretty dope!

you can easily google and find few ones, I think the target for now is high net worth individuals, if you have less than

1BTC they may not accept you! I hope next its gonna be Japan or Malta!

[putriliesma]

What does a bank do with Bitcoin anyways when they do have a lot of Fiat currency in hand. But some wallets handle the conversion of Bitcoin to Fiat in a way by depositing Fiat to your bank account if you are really looking for an option of banks accepting Bitcoin that is the only way around it.

[kusach01]

I think it is not feasible, no banks has the guts to invest in btc, because banks do not have their own money to invest with, most of their money came from investors and they dont have the right to play it with a third party investments aside from property and stocks investments, not unless their client dont know where their money being invested. And because btc price is unpredictable, they are not quite sure if it is a wise decision to invest.

[cordlesslake]

I think it's hard to use bitcoins for charity. Charitable initiatives need easily transferable and usable values and this is not always possible with BTCs.

[freshm4ker]

For about bitcoin many banks do not approve or accept it. They control money with bitcoin not doing that and this is what they are trying to avoid. If that happens someday it will not be long.