Bank experience makes me love Bitcoin more

[toolbox]

That's a really annoying experience as usual with banks, everyone used them knows about that and the inconvenience of using banks..
So did the deal go through at the end? I liked the story!

[SFR10]

Although some banks, seem to have worthless and annoying rules sometimes, this shouldn't take that long and here in where I live, usually it should be instant with a SMS confirmation coming within second of the transfer itself so most likely it's related to the country and banking system used in which, clearly an outdated one. But I also agree with loving BTCitcoin more, it's just simply in another level.

[techalt]

That's an annoying experience in my opinion, In USA and in some countries of the world you can make these transactions instantly.

[steveds]

My brother bought a second hand car a week ago, and he went into the bank to transfer the money for the car to the dealers account at another bank. The dealer already finished all paper work and

transfer of ownership and also road worthy testing and insurance etc, but cannot deliver the car to him, because the money has not been successfully transferred by the bank. They have a 48 hour

transfer period between different banks. In this day and age, we still have to wait for a minimum of 48 hours to successfully transfer money between banks. 


Everyone should stop complaining about Bitcoin transaction confirmation times, because with the correct fees, you will rarely see anything like this happen under normal {non-stress test} conditions.

You just have to love Bitcoin.  

Yes,Honestly it is the best solution to the high amounts of fees and the time bank processing require but i don't see why it would take 48 hours to transfer to any typical bank account ? I assume you were buying Lambo and the money was significantly enormous.

It took me less than 2-4 hours for a nation bank transfer last time i tried(was around 2.5 grands).

That's an annoying experience in my opinion, In USA and in some countries of the world you can make these transactions instantly.

True,the well know system is IMPS.It's instant.

[eco-ice]

I think it shouldn't take that long in most banks, Particularly in a local and not a worldwide wire transfer, The bank systems in your country should be improved more even without bitcoin since it's just too inconvenient for the users.

[redsun114]

My brother bought a second hand car a week ago, and he went into the bank to transfer the money for the car to the dealers account at another bank. The dealer already finished all paper work and

transfer of ownership and also road worthy testing and insurance etc, but cannot deliver the car to him, because the money has not been successfully transferred by the bank. They have a 48 hour

transfer period between different banks. In this day and age, we still have to wait for a minimum of 48 hours to successfully transfer money between banks. 


Everyone should stop complaining about Bitcoin transaction confirmation times, because with the correct fees, you will rarely see anything like this happen under normal {non-stress test} conditions.

You just have to love Bitcoin.  

Me also when look into the system of bank transaction and the high fees of its transactions and other features wish that bitcoin become a stable and permanent currency, so that we benefit from it for life time.

[Kevin77]

My brother bought a second hand car a week ago, and he went into the bank to transfer the money for the car to the dealers account at another bank. The dealer already finished all paper work and

transfer of ownership and also road worthy testing and insurance etc, but cannot deliver the car to him, because the money has not been successfully transferred by the bank. They have a 48 hour

transfer period between different banks. In this day and age, we still have to wait for a minimum of 48 hours to successfully transfer money between banks. 


Everyone should stop complaining about Bitcoin transaction confirmation times, because with the correct fees, you will rarely see anything like this happen under normal {non-stress test} conditions.

You just have to love Bitcoin.  

Me also when look into the system of bank transaction and the high fees of its transactions and other features wish that bitcoin become a stable and permanent currency, so that we benefit from it for life time.

Yes now aday the banks takes a large period of time when we have to transact money through it. They also calculate a huge bunch of taxes and fees over you. So it is better that we adopt bitcoin instead of bank.

[n691309]

transfer period between different banks. In this day and age, we still have to wait for a minimum of 48 hours to successfully transfer money between banks. 


Everyone should stop complaining about Bitcoin transaction confirmation times, because with the correct fees, you will rarely see anything like this happen under normal {non-stress test} conditions.

You just have to love Bitcoin. 

+count if the transaction would be on weekend it would be +48 hours, it happened me sometimes and it really sucks waiting so much time. Bitcoin is much easier and we should be lucky if the car seller would accept bitcoin.

[rienelber]

I'm also on this team! everytime i realise i wont get my payment becuse its a weekend, makes me remember why i hate banks and their stupid rules.

[Kprawn]

My brother bought a second hand car a week ago, and he went into the bank to transfer the money for the car to the dealers account at another bank. The dealer already finished all paper work and

transfer of ownership and also road worthy testing and insurance etc, but cannot deliver the car to him, because the money has not been successfully transferred by the bank. They have a 48 hour

transfer period between different banks. In this day and age, we still have to wait for a minimum of 48 hours to successfully transfer money between banks. 


Everyone should stop complaining about Bitcoin transaction confirmation times, because with the correct fees, you will rarely see anything like this happen under normal {non-stress test} conditions.

You just have to love Bitcoin.  

Yes,Honestly it is the best solution to the high amounts of fees and the time bank processing require but i don't see why it would take 48 hours to transfer to any typical bank account ? I assume you were buying Lambo and the money was significantly enormous.

It took me less than 2-4 hours for a nation bank transfer last time i tried(was around 2.5 grands).

That's an annoying experience in my opinion, In USA and in some countries of the world you can make these transactions instantly.

True,the well know system is IMPS.It's instant.

If you read carefully you would notice, it was not my transaction.. but that of my brother. He seems to be part of another bank group and the transfer between groups take longer than usual transfers

within the same group. He was told, it was standard practice for inter-group transfers to take a minimum of 48 hours. I will ask him, but I fairly sure he said he was part of Barclays Bank.

I will get back to you on this... but whatever the group.. It still takes way to long.

[ausbit]

I'm also on this team! everytime i realise i wont get my payment becuse its a weekend, makes me remember why i hate banks and their stupid rules.

Yeah and believe me the people who are using bitcoins will never enter the door steps of the banks as we have a feeling that we are being cheated by the banks in terms of their high fees and some worst procedures.

[romero121]

I'm also on this team! everytime i realise i wont get my payment becuse its a weekend, makes me remember why i hate banks and their stupid rules.

Yeah and believe me the people who are using bitcoins will never enter the door steps of the banks as we have a feeling that we are being cheated by the banks in terms of their high fees and some worst procedures.

At times such delay happens, as they are under a centralized system they were supposed to go through  lot of procedures. This is what making the delay with increased transaction fee.

[ctlaltdefeat]

My brother bought a second hand car a week ago, and he went into the bank to transfer the money for the car to the dealers account at another bank. The dealer already finished all paper work and

transfer of ownership and also road worthy testing and insurance etc, but cannot deliver the car to him, because the money has not been successfully transferred by the bank. They have a 48 hour

transfer period between different banks. In this day and age, we still have to wait for a minimum of 48 hours to successfully transfer money between banks. 


Everyone should stop complaining about Bitcoin transaction confirmation times, because with the correct fees, you will rarely see anything like this happen under normal {non-stress test} conditions.

You just have to love Bitcoin.  

nice story,inspired for telling this story to some of my friend,so they can consider use banks account and choose bitcoins for nw payment. yes we all know this is the benefit using bitcoin,it not need 48 hours (normally just 10 minutes) to pay something,and bitcoin have no vacation days just like banks,we can make transaaction everytime and everywhere as long we have internet connection.

[neonshium]

When I have to withdraw my money to my bank for some payment where bitcoin is not used then it takes 20 days by the bank to keep my money on hold for me. So, I wish that bitcoin become establish in my country so that I do not need to convert to fiat.

[michnelli6]

This is much better of course. I really wish that bitcoin will conquer the world. Banks and its system are really old. Everything has to put on approval manually. Banking hours, even if this is actually your own money. They might begin to ask you for some identification like as if your taking others money, so frustrating..

Yes the banking hours is a problem to me, as I am online businessman so I have to pay my for my transactions on different times of the day, and for that bitcoin is best choice as banks are available for limited time.

[vdramaline]

Your experience is too inconvenient even for normal banks, In most of the world even most third-world countries between banks transactions take as less as few hours at max, this is just too hypocritical IMO.

[Evildrum]

Instead of making things easier the banks are clamping down harder with fees and requirements.
Quite often I go into the bank and they act dismayed that I need a large amount of funds and they need warning that I am doing this. They should be set up so that every one cashing out their accounts can do so,but they always have such a small amount on hand.
Have been asked questions that I found off base like they have a right to know what I am doing with my money.
Can not wait to see banks fade to black as they do nothing for the little people. Reason we have so many cheque cashing and loan stores that screw people over even more,banks suck!

[mindrust]

Banks are legal thieves.

Sure they don't put a gun to your head and make you do things but they overcharge people for stupid simple shits. And that's how they make their fortune.

Thanks to bitcoin, it coming to an end.

[BitHodler]

I personally haven't had any bad experiences with my bank but I love Bitcoin anyway.

Bitcoin is for everyone that likes to take things in their own hands such as being boss over your own money, which is only possible with fiat if you store your money in physical form somewhere at home.

But that is far from safe, so everyone is forced to "trust" banks with their money.

With Bitcoin I am able to store money outside the current banking system where even governments can't do anything about.

[Crazygreek]

Sometimes shit happens but i can't really see something bad in bank system, i am using bitcoin as investment so i don't really faced a problems with it.