Withdraw Bitcoins to a bank account

[relauan]

Hello guys, want to withdraw Bitcoins to a new bank account in Switzerland. How to confirm the origin of money? Which stock exchange should I use? What problems can arise? Or should I use bank in another country?
Thanks in advance!

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[ethereumhunter]

i think you can use local bitcoin exchanger which you can found in your country and transfer that money into your bank account, or you can use paypal to receive money and then you withdraw your money in paypal into your bank account.

[relauan]

i think you can use local bitcoin exchanger which you can found in your country and transfer that money into your bank account, or you can use paypal to receive money and then you withdraw your money in paypal into your bank account.

But how to prove to the bank that the money was earned legally?

[olubams]

i think you can use local bitcoin exchanger which you can found in your country and transfer that money into your bank account, or you can use paypal to receive money and then you withdraw your money in paypal into your bank account.

You have given OP the best advice. Why bother yourself with the bureaucracy of regulations when you can easily get it done through middlemen and even deposit it in your bank account without leaving the comfort of your room. OP just search the internet in your area regarding exchangers and you will have a lot of options to choose from... My 2 cents...

[tiggytomb]

i think you can use local bitcoin exchanger which you can found in your country and transfer that money into your bank account, or you can use paypal to receive money and then you withdraw your money in paypal into your bank account.

But how to prove to the bank that the money was earned legally?

Suppose it would depend on how much is being deposited before they ask any questions, if it is a large amount then it might raise some eyebrows.

[relauan]

i think you can use local bitcoin exchanger which you can found in your country and transfer that money into your bank account, or you can use paypal to receive money and then you withdraw your money in paypal into your bank account.

But how to prove to the bank that the money was earned legally?

Suppose it would depend on how much is being deposited before they ask any questions, if it is a large amount then it might raise some eyebrows.

And still the question remains, how to prove the legality?

[gentlemand]

And still the question remains, how to prove the legality?

where did your bitcoins come from? if you bought them on an exchange then show them the records, that's if they care enough. if you got them all from selling heroin then that's best kept to yourself.

[Ardenyham]

Hello OP.. I know one wallet site, called "Spectrocoin.com" it has a feature to withdraw bitcoins to bank accounts. I myself just used the wallet of spectrocoin and don't know how the withdraw system works. but you may take a look here. the site is seems legit over all. it may help you to cashout your bitcoins to bank account. you need to verify your account BTW for this process.

i think you can use local bitcoin exchanger which you can found in your country and transfer that money into your bank account, or you can use paypal to receive money and then you withdraw your money in paypal into your bank account.

But how to prove to the bank that the money was earned legally?

do banks in your country ask for proofs?? that mean I am very lucky that our banks never ask us from where we get these money? lolzz.. and we can add any amount of money in our banks.
well, if bitcoin is illegal then you should not prefer to store them in banks. better keep them in bitcoin wallets,

[nejibens]

Better to exchange your bitcoins into fiat and then send it to your banking account from your ewallet. There is a lot of ewallets supporting Bitcoin like Payza, Neteller..

[n691309]

Hello guys, want to withdraw Bitcoins to a new bank account in Switzerland. How to confirm the origin of money? Which stock exchange should I use? What problems can arise? Or should I use bank in another country?
Thanks in advance!

How did you earned these bitcoin? If you can tell the same to those who will ask you then its ok, if not then you can say that you worked online for a company and offered x service and they send me more as a gift or something like this. You can order also bitcoin debit cards and withdraw them!

[jak3]

i will advice use localbitcoin site for exchanging your coins and also be alert only trade with traders who has 100% trust level and had traded big amounts without any flaws

[crairezx20]

i will advice use localbitcoin site for exchanging your coins and also be alert only trade with traders who has 100% trust level and had traded big amounts without any flaws

I never tried that localbitcoin i use perfect money to deposit and withdraw my bitcoin because they have many business partner like changer com they are offering small rate than the other.. the problem of depositing you need visa because you depost via western union or withdraw using that remitance.. but the hard thing it takes a long time..

[romero121]

Withdrawal of bitcoin to bank account is impossible, but users can make use of several trading websites and exchange the bitcoin to required form of fiat with much ease.

[Mark02]

Withdrawal of bitcoin to bank account is impossible, but users can make use of several trading websites and exchange the bitcoin to required form of fiat with much ease.

No it isn't. Actually I just made a transaction using bitcoin withdrawn in a bank account. Well maybe it is because the wallet that I'm using. See pictures for proof.

http://imgur.com/ejvOOCv

I think Paypal is also connected with bank accounts right ? So maybe you can exchange BTC/USD using Paypal hen you can cashout thru that. Don't know yet because I do not have Paypal account.

[anama]

Much exchanger support withdraw to bank transfer or transfer wire
if you stay in europa in switzerland
iam recomended in kraken and bitstamp
another exchanger you can use huobi reputable exchanger and high volume transactio
coinbase is good too recomendation

[bitkilo]

Withdrawal of bitcoin to bank account is impossible, but users can make use of several trading websites and exchange the bitcoin to required form of fiat with much ease.

No it isn't. Actually I just made a transaction using bitcoin withdrawn in a bank account. Well maybe it is because the wallet that I'm using. See pictures for proof.

http://imgur.com/ejvOOCv

I think Paypal is also connected with bank accounts right ? So maybe you can exchange BTC/USD using Paypal hen you can cashout thru that. Don't know yet because I do not have Paypal account.

Yes you may have sent some bitcoins to be transferred into fiat so you can withdraw them from your bank but the bank itself did not buy those bitcoins, there would of had to been a 3rd party company that exchanged those coins to fiat then sent them to your bank account.

I don't know of any banks that buy bitcoins, the bank would need to have a btc address for you to send the funds to.

[Cast12]

You can use localbitcoins to find a reputable trader near you, but I don't think that there's a way to prove where someone got the bitcoin.

[danfoda]

Hello guys, want to withdraw Bitcoins to a new bank account in Switzerland. How to confirm the origin of money? Which stock exchange should I use? What problems can arise? Or should I use bank in another country?
Thanks in advance!

You can use localbitcoins to sell your bitcoins.

[JeffBrad12]

i think you can use local bitcoin exchanger which you can found in your country and transfer that money into your bank account, or you can use paypal to receive money and then you withdraw your money in paypal into your bank account.

But how to prove to the bank that the money was earned legally?

That's suggestion is good but better for you to contacting the users in your local bitcoin for buying for personally, like me, I have someone is trusted with him and I'm always selling my bitcoin for him and the amount of local currency I got in my bank account is purely legal.

[Zoomer]

You can maybe deposit them to spectrocoin and then exchange to fiat currency and whitdraw them to your bank
Or you could load them on some VCC load them to skrill or virwox and whitdraw to your bank no escrow hassle and quick as well

[iqlimasyadiqa]

you can try to make withdrawals from the local exchange in your country. The following list of exchange that can make withdrawals to your country's currency : https://localbitcoins.com/country/SE

[eternalgloom]

i think you can use local bitcoin exchanger which you can found in your country and transfer that money into your bank account, or you can use paypal to receive money and then you withdraw your money in paypal into your bank account.

But how to prove to the bank that the money was earned legally?

Wanted to come back to this. Why would you need to prove to a Swiss bank that the money was earned legally?
Didn't know this was required.

[outatime1]

I would suggest selling for cash if you can. If you have localbitcoins in your area, that may be the best option for you.

[hawkins]

localbitcoin always be the best option to redeem bitcoin do you have an account directly into your bank account. but I rarely do that. The easiest thing for me to redeem bitcoin into money in a short time is to replace it with one of my friends who are in need bitcoin or working into bitcoin exchange. Well, I have some friends like that, so it was very easy.

[xIIImaL]

localbitcoin always be the best option to redeem bitcoin do you have an account directly into your bank account. but I rarely do that. The easiest thing for me to redeem bitcoin into money in a short time is to replace it with one of my friends who are in need bitcoin or working into bitcoin exchange. Well, I have some friends like that, so it was very easy.

Exactly i agree, I have done my first transaction from bitcoin to fiat is by localbitcoins only. At present i am using bitcoin ATM card. Why I am using this because It will reduce the exchange charge and trade fees i can with draw Whenever i need But Now in need of money. praying to god to get my lending money soon to me...

[0day]

At the time when I was going to withdraw my money to my bank account, they ask for a source of income, I just gave them the link of this website that how we earn here and also I gave my link to my official facebook page where I sell my different stuffs, and they accepted that .

[nejibens]

You can withdraw your bitcoins first to ewallet like Payza, Perfect money or Neteller, which support Bitcoin, and then you withdraw your money from this ewallet to your banking account

[xIIImaL]

You can withdraw your bitcoins first to ewallet like Payza, Perfect money or Neteller, which support Bitcoin, and then you withdraw your money from this ewallet to your banking account

I agree this will okay to show the proof of income to bank people, I didn't use to it but in future sure I will use bitcoins to change to bank account. As of now I am having btc atm card swipe for money When I need it...

[garundang]

Hello guys, want to withdraw Bitcoins to a new bank account in Switzerland. How to confirm the origin of money? Which stock exchange should I use? What problems can arise? Or should I use bank in another country?
Thanks in advance!

Well only way to do that is to sell bitcoins to someone else i think, or use coinbase

[eternalgloom]

Hello guys, want to withdraw Bitcoins to a new bank account in Switzerland. How to confirm the origin of money? Which stock exchange should I use? What problems can arise? Or should I use bank in another country?
Thanks in advance!

Well only way to do that is to sell bitcoins to someone else i think, or use coinbase

No, there a a lot of different exchanges and services that will let you exchange your Bitcoins for fiat and deposit the money to your bank account.
And I would advice against using Coinbase.

[Dudeperfect]

Yesterday, I withdrawn few bitcoins (less than $50) in bank account in India and I used localbitcoins. I am not sure that it’s allowed in your jurisdiction or not but I don’t think there will be any major issue if you are going to deal with smaller amounts. You would have no problem if you maintain transparency in origin of funds (or say legality of origin of funds). You can even sell bitcoins here on bitcointalk and keep payment option as international wire transfer.

[traderethereum]

I would suggest selling for cash if you can. If you have localbitcoins in your area, that may be the best option for you.

its a good idea to have localbitcoins in our area, because it would be easy and fast to exchange our bitcoin into real money. i am sure there are many localbitcoin available on your area.

[Golftech]

it easy to withdraw bitcoin here using the option of sending it to my bank accounts, just using coins.ph and then withdraw it from there mate, no issue and no hassle.

[TRF]

Hello guys, want to withdraw Bitcoins to a new bank account in Switzerland. How to confirm the origin of money? Which stock exchange should I use? What problems can arise? Or should I use bank in another country?
Thanks in advance!

How is gone at the end? Have you withdraw your BTC? What service you used?

[danherbias07]

Hello guys, want to withdraw Bitcoins to a new bank account in Switzerland. How to confirm the origin of money? Which stock exchange should I use? What problems can arise? Or should I use bank in another country?
Thanks in advance!

Haven't experienced this one but I am withdrawing my bitcoin through a bank also. From a website wallet then to an ATM machine. I think it is not really the bank that is responsible but just the wallet site.

[ashiqdey]

I have better option then this. I sell my bitcoin to local trader and he pays me profit. But if i do this from website then they will surely cut bitcoin as transaction fee or what ever. So my way is super cool because instead of lossing i get profit... yaaahhooo

[1Referee]

I have better option then this. I sell my bitcoin to local trader and he pays me profit. But if i do this from website then they will surely cut bitcoin as transaction fee or what ever. So my way is super cool because instead of lossing i get profit... yaaahhooo

With profit you mean that the trader in question pays you an above the market rate for your coins? If so, then it's is great, but usually when you withdraw coins to your bank account, the fees are minimal/not worthy of mentioning. At least, that's the case here.

Also, the problem of dealing in personal is that you can face someone with bad intentions. Another note is that not everyone is willing to do this as they want to hide the fact that they are buying or selling Bitcoin in their local area, especially with large amounts.

[SANALIU]

the best zone europa, support sepa bank
and the best volume transaction from pair euro is kraken
you can try in there, sepa bank low fee until zero fee  is compare wire transfer,
or is choose your country you can try localbitcoin dot com

[bitkilo]

I would suggest selling for cash if you can. If you have localbitcoins in your area, that may be the best option for you.

its a good idea to have localbitcoins in our area, because it would be easy and fast to exchange our bitcoin into real money. i am sure there are many localbitcoin available on your area.

Localbitcoins just always seems so over priced, most of the time you can expect to pay about a 10% premium over market rate.
Easier just getting an account on a site like Counbase, Circle or Coinjar depending on what country you are in.
If you do use one of those services just remember to move your coins at the end of the day to an address that you have the private keys to.

[densuj]

i think you can use local bitcoin exchanger which you can found in your country and transfer that money into your bank account, or you can use paypal to receive money and then you withdraw your money in paypal into your bank account.

But how to prove to the bank that the money was earned legally?

You can show your transaction on paypal that will become a prove for the bank, and explaining to bank the money are come from selling bitcoin to paypal. I think it is simple way for explaining to the bank.

[PremiumCodeX]

The origin of the money will be the person whom you will deal with. You can find a person to exchange with at localbitcoins site. A problem could be if the person tried to scam you or there was a slippage in the market. To avoid these, check the person's reputation on localbitcoins, split the transaction into smaller exchanges ( at least smaller than the biggest exchange the person had in the past ) and cover an interval of time with them. I suggest meeting the person face to face and exchange at place, but if that is not possible, use a trusted escrow from localbitcoins, at least. Since he is near you, he should have a bank account in the same country as you ( Switzerland ). Good luck on you!

[bitkilo]

i think you can use local bitcoin exchanger which you can found in your country and transfer that money into your bank account, or you can use paypal to receive money and then you withdraw your money in paypal into your bank account.

But how to prove to the bank that the money was earned legally?

You can show your transaction on paypal that will become a prove for the bank, and explaining to bank the money are come from selling bitcoin to paypal. I think it is simple way for explaining to the bank.

If you think that you can explain bitcoin trading in a simple way that the bank will understand you have obviously never spoken to a bank manager about it before, trust me they are clueless.
They would have little time to listen to a story about 2 payment networks the don't earn them any fees.

[0day]

i think you can use local bitcoin exchanger which you can found in your country and transfer that money into your bank account, or you can use paypal to receive money and then you withdraw your money in paypal into your bank account.

But how to prove to the bank that the money was earned legally?

You can show your transaction on paypal that will become a prove for the bank, and explaining to bank the money are come from selling bitcoin to paypal. I think it is simple way for explaining to the bank.

If you think that you can explain bitcoin trading in a simple way that the bank will understand you have obviously never spoken to a bank manager about it before, trust me they are clueless.
They would have little time to listen to a story about 2 payment networks the don't earn them any fees.

The bankers know about trading of bitcoin and currency, I think he should only have to tell about that and they will readily accept that, or should have to tell them about this forum and have to tell that he is earning here by marketing, they will accept.

[satmas]

Hello guys, want to withdraw Bitcoins to a new bank account in Switzerland. How to confirm the origin of money? Which stock exchange should I use? What problems can arise? Or should I use bank in another country?
Thanks in advance!

There is no way to confirm where the user got the bitcoins(although I could tell you that bitcoin's actual origins is from mining)  if that's what you are asking. You can use localbitcoins, paxful(there's a scam accusation against them),  coinbase, snapcard, etc.

[Qunenin]

i think you can use local bitcoin exchanger which you can found in your country and transfer that money into your bank account, or you can use paypal to receive money and then you withdraw your money in paypal into your bank account.

But how to prove to the bank that the money was earned legally?

You can show your transaction on paypal that will become a prove for the bank, and explaining to bank the money are come from selling bitcoin to paypal. I think it is simple way for explaining to the bank.

If you think that you can explain bitcoin trading in a simple way that the bank will understand you have obviously never spoken to a bank manager about it before, trust me they are clueless.
They would have little time to listen to a story about 2 payment networks the don't earn them any fees.

The bankers know about trading of bitcoin and currency, I think he should only have to tell about that and they will readily accept that, or should have to tell them about this forum and have to tell that he is earning here by marketing, they will accept.

I think you need an intermediate service between bank and yourself as bank dont deal directly with bitcoins. I will suggest to use localbitcoins instead .

[ImHash]

Wait a second how do you want to withdraw bitcoins into a bank account?
Which bank accepts bitcoins to begin with?
And you can never really prove to anyone where you got your bitcoins whether legally or otherwise.

[abugseuf]

in present time i think there is not present a direct method to withdraw bitcoins in to a bank account, i personally first convert bitcoin into US Dollar and after that using okpay in withdraw my bitcoin's income through bank.

[JeffBrad12]

i think you can use local bitcoin exchanger which you can found in your country and transfer that money into your bank account, or you can use paypal to receive money and then you withdraw your money in paypal into your bank account.

But how to prove to the bank that the money was earned legally?

You can show your transaction on paypal that will become a prove for the bank, and explaining to bank the money are come from selling bitcoin to paypal. I think it is simple way for explaining to the bank.

If you think that you can explain bitcoin trading in a simple way that the bank will understand you have obviously never spoken to a bank manager about it before, trust me they are clueless.
They would have little time to listen to a story about 2 payment networks the don't earn them any fees.

Like just waste your time, I don't think they will hear your opinions for sure, they will never care about that and just think of reaching their target and I think the rules of the bank is saggy.

[Slark]

i think you can use local bitcoin exchanger which you can found in your country and transfer that money into your bank account, or you can use paypal to receive money and then you withdraw your money in paypal into your bank account.

But how to prove to the bank that the money was earned legally?

You can show your transaction on paypal that will become a prove for the bank, and explaining to bank the money are come from selling bitcoin to paypal. I think it is simple way for explaining to the bank.

If you think that you can explain bitcoin trading in a simple way that the bank will understand you have obviously never spoken to a bank manager about it before, trust me they are clueless.
They would have little time to listen to a story about 2 payment networks the don't earn them any fees.

Like just waste your time, I don't think they will hear your opinions for sure, they will never care about that and just think of reaching their target and I think the rules of the bank is saggy.

I don''t think it is a waste of time. It is certainly worth a try. But Op needs to do it before he transfer any funds.
Asking how certain bank feel about money obtained through bitcoin trading is pretty neutral thing to do IMO.
The most important fact is: How much money do you actually have? With large sum it can be problematic.

[rphk]

there is a different online wallets site deepening on the countries , those wallets will have features like adding your bank account, but they may require tax proof details etc. but not sure how it is help full for you at your country .  or you need use local bitcoin.com sites to exchange it to local  fiat currency.

[Supercrypt]

Wait a second how do you want to withdraw bitcoins into a bank account?
Which bank accepts bitcoins to begin with?
And you can never really prove to anyone where you got your bitcoins whether legally or otherwise.

Currently I do not think there are any banks that takes bitcoin and convert it for you. The only way is buy using an exchange and also connecting your bank account to the exchange for depositing funds. So, withdrawing bitcoins to a bank is possible only in the form of fiats not really in bitcoin. Conversion usually takes place within exchange.

[gkv9]

You can go for Localbitcoins, the best online escrow exchanger which supports more than 200 countries to trade bitcoins globally...
You can ask for bank transfer or can take cash too, for origin of money, you might use any freelancer account and show them some sort of work (fake here) that you did for which you are getting money...

[(o)(o)ilikeboobs(o)(o)]

You can't withdraw them directly but you can use bitcoins exchange for that

[afroboss]

Hello guys, want to withdraw Bitcoins to a new bank account in Switzerland. How to confirm the origin of money? Which stock exchange should I use? What problems can arise? Or should I use bank in another country?
Thanks in advance!

Why dont you deposit bitcoin directly to an external bank account and then send SEPA or Swift from that external bank account to your Swiss bank account. I would like to help

[danherbias07]

You can go for Localbitcoins, the best online escrow exchanger which supports more than 200 countries to trade bitcoins globally...
You can ask for bank transfer or can take cash too, for origin of money, you might use any freelancer account and show them some sort of work (fake here) that you did for which you are getting money...

Although I havent tried this localbitcoin website I have been seeing this being talked a lot or suggested. Is it really that trusted to be used for local trading? I prefer my own countries website exchanger but still looking for better.

[afroboss]

You can go for Localbitcoins, the best online escrow exchanger which supports more than 200 countries to trade bitcoins globally...
You can ask for bank transfer or can take cash too, for origin of money, you might use any freelancer account and show them some sort of work (fake here) that you did for which you are getting money...

Although I havent tried this localbitcoin website I have been seeing this being talked a lot or suggested. Is it really that trusted to be used for local trading? I prefer my own countries website exchanger but still looking for better.

You just check the reputation of the seller (exchanger) by looking at how many successful trades with what volumes he did. I do trade on localbitcoins for 1.5 years and never got scammed.

What i like at localbitcoin is you have many more capabilities to pay or accept payment for your trade.

[nealvanessa990]

And still the question remains, how to prove the legality?

I think every country's bank accept online earning doing some stuff.In my country bank first time when I am going to withdraw my money from my bank account my country bank only ask me how did I earn that money I told then I am doing online stuff and my buyer send me the money that's all.they never ask me again this question.my bank manager also interested how he can also earn money online he contract me several times to learn how to earn from online.

[0day]

i think you can use local bitcoin exchanger which you can found in your country and transfer that money into your bank account, or you can use paypal to receive money and then you withdraw your money in paypal into your bank account.

But how to prove to the bank that the money was earned legally?

You can show your transaction on paypal that will become a prove for the bank, and explaining to bank the money are come from selling bitcoin to paypal. I think it is simple way for explaining to the bank.

If you think that you can explain bitcoin trading in a simple way that the bank will understand you have obviously never spoken to a bank manager about it before, trust me they are clueless.
They would have little time to listen to a story about 2 payment networks the don't earn them any fees.

The bankers know about trading of bitcoin and currency, I think he should only have to tell about that and they will readily accept that, or should have to tell them about this forum and have to tell that he is earning here by marketing, they will accept.

I think you need an intermediate service between bank and yourself as bank dont deal directly with bitcoins. I will suggest to use localbitcoins instead .

I was just suggesting to the OP that the banks know about trade so he just need to tell them about the trade which he do. Like he can tell the banks that he is a trader and earning money through his trade on some exchanges. That is all. and you can read the Op that he is asking for the details of origin of money which he want to withdraw from bank.

[JeffBrad12]

i think you can use local bitcoin exchanger which you can found in your country and transfer that money into your bank account, or you can use paypal to receive money and then you withdraw your money in paypal into your bank account.

But how to prove to the bank that the money was earned legally?

You can show your transaction on paypal that will become a prove for the bank, and explaining to bank the money are come from selling bitcoin to paypal. I think it is simple way for explaining to the bank.

If you think that you can explain bitcoin trading in a simple way that the bank will understand you have obviously never spoken to a bank manager about it before, trust me they are clueless.
They would have little time to listen to a story about 2 payment networks the don't earn them any fees.

The bankers know about trading of bitcoin and currency, I think he should only have to tell about that and they will readily accept that, or should have to tell them about this forum and have to tell that he is earning here by marketing, they will accept.

I think you need an intermediate service between bank and yourself as bank dont deal directly with bitcoins. I will suggest to use localbitcoins instead .

I was just suggesting to the OP that the banks know about trade so he just need to tell them about the trade which he do. Like he can tell the banks that he is a trader and earning money through his trade on some exchanges. That is all. and you can read the Op that he is asking for the details of origin of money which he want to withdraw from bank.

Is he need for reading the op's question? or just making a post without considering the theme of the topic. telling about all of the things to the banks is better and I think they're not wanna for knowing more about the data of their users caused by should it a privacy for users.

[dunfida]

i think you can use local bitcoin exchanger which you can found in your country and transfer that money into your bank account, or you can use paypal to receive money and then you withdraw your money in paypal into your bank account.

This is the  most precise  way  on OP's question and i agree with this  , you could simply find a local bitcoin exchanger in your country  and exchange it  and transfer to your bank  account without  compromising   your name, as ive read you are worried  about of  your privacy  but  theres nothing to worry about.

[ipanks]

i think you can use local bitcoin exchanger which you can found in your country and transfer that money into your bank account, or you can use paypal to receive money and then you withdraw your money in paypal into your bank account.

This is the  most precise  way  on OP's question and i agree with this  , you could simply find a local bitcoin exchanger in your country  and exchange it  and transfer to your bank  account without  compromising   your name, as ive read you are worried  about of  your privacy  but  theres nothing to worry about.

i am agree to with this too because better we withdraw with local bitcoin and without worried about transaction fee from the bank and beside that we are help the local bitcoin to make their business grow. i think its symbiotic mutualism, we need help from local bitcoin exchanger, and local bitcoin exchanger is need us too to withdraw our bitcoin with them.

[davis196]

Hello guys, want to withdraw Bitcoins to a new bank account in Switzerland. How to confirm the origin of money? Which stock exchange should I use? What problems can arise? Or should I use bank in another country?
Thanks in advance!

Use localbitcoins and find a trusted trader.

I don`t know how you can confirm origin of money in a Swiss bank account.

You can`t "withdraw" bitcoins.You sell bitcoins for fiat money.

[xIIImaL]

Hello guys, want to withdraw Bitcoins to a new bank account in Switzerland. How to confirm the origin of money? Which stock exchange should I use? What problems can arise? Or should I use bank in another country?
Thanks in advance!

Use localbitcoins and find a trusted trader.

I don`t know how you can confirm origin of money in a Swiss bank account.

You can`t "withdraw" bitcoins.You sell bitcoins for fiat money.

That's a easy step right. If you want to put your Bitcoin to the bank account means find the trader in your country with local bitcoins site and find the perfect trader. So don't check the other options to accomplish it without direct transfes.

[Doamader]

Besides the local trader you can try to open some service like banner exchange and make the fake buys with bitcoin, soo you can say that the money camed from there, but sure local trader would be better as long isnt a big ammount. I had sold my coins into a localtrader but without personal contact, i just contact him he makes the rate i send the coins and he makes the deposit, it were just 2000 dollars being sold in small portions never more then 900 dollars.

[JeffBrad12]

Hello guys, want to withdraw Bitcoins to a new bank account in Switzerland. How to confirm the origin of money? Which stock exchange should I use? What problems can arise? Or should I use bank in another country?
Thanks in advance!

Use localbitcoins and find a trusted trader.

I don`t know how you can confirm origin of money in a Swiss bank account.

You can`t "withdraw" bitcoins.You sell bitcoins for fiat money.

That's a easy step right. If you want to put your Bitcoin to the bank account means find the trader in your country with local bitcoins site and find the perfect trader. So don't check the other options to accomplish it without direct transfes.

I believe some trade in your country is already opening the exchange service for bitcoin into the fiat cash and you can use that so better for tracking their history and trail before doing a business with him.

[danherbias07]

Hello guys, want to withdraw Bitcoins to a new bank account in Switzerland. How to confirm the origin of money? Which stock exchange should I use? What problems can arise? Or should I use bank in another country?
Thanks in advance!

Use localbitcoins and find a trusted trader.

I don`t know how you can confirm origin of money in a Swiss bank account.

You can`t "withdraw" bitcoins.You sell bitcoins for fiat money.

That's a easy step right. If you want to put your Bitcoin to the bank account means find the trader in your country with local bitcoins site and find the perfect trader. So don't check the other options to accomplish it without direct transfes.

Yeah. The local website exhange will produce an account and a password that will be the onr to be used either direct to the bank or if try have that option in their Atm machine.

[Supercrypt]

There are a lot of country specific bitcoin exchange services, they are having option of depositing fiats into your bank account. One of the practical and easy way of selling bitcoins and getting equivalent fiats into our bank must be selling bitcoin for PayPal with highly reputed forum members here (or with escrow), and then you will be able to withdraw funds to our bank accounts as usual.

[bitbunnny]

Better option then withdrawing Bitcoin to bank account is having some Bitcoin debit card. Once you have your Bitcoins there you can spend them everywhere or get cash at ATM without any fear of complications or some questions asked.

[Wowcoin]

Better option then withdrawing Bitcoin to bank account is having some Bitcoin debit card. Once you have your Bitcoins there you can spend them everywhere or get cash at ATM without any fear of complications or some questions asked.

Let me try it i did not do that before coz i directly cash out from a local wallet to wireless atm
machine no need depit card to do this. But the problem is only one bank i can do that and their atm branches.

[bitdumper]

i think just convert the money into bitcoin and exchange it with there with someone like any relative with there's local currency and honestly banks are no more needed banks takes high tax and are slower too

[iv4n]

Legality? Tell it's from your brother who live in Australia. Just joking, they will not ask you anything if you don't have some big amounts. I think Switzerland is open toward bitcoins, so maybe it's best way to call your bank directly and ask them about bitcoins and current law in your country.
Maybe you can find someone from your town and sell your coins face to face for cash, that way banks can't do nothing.
I heard something, in Switzerland in casinos people get paper when they cash out, so they can take money to the bank and show where they got them. Well people launder money on roulette, 10 k on red, 10 k on black, win and cash put, you have clean money.

[mixan]

You can maybe deposit them to spectrocoin and then exchange to fiat currency and whitdraw them to your bank
Or you could load them on some VCC load them to skrill or virwox and whitdraw to your bank no escrow hassle and quick as well

There any other alternatives to spectrocoin or ecoin cards to load bitcoin too?
Can you list the rates for each card because they each charge different for withdrawing money from them.

[Superzpay]

In my country it is really a problem for me to withdraw my bitcoins to my bank account as our banking system do not have any category for freelancers to open an account so we only open account if we have a job and will get paid from that job, while currently they have started to open accounts for freelancer category(online earners) but the maximum limit if fund at there is $5000.

[BitcoinMarshal]

In my country it is really a problem for me to withdraw my bitcoins to my bank account as our banking system do not have any category for freelancers to open an account so we only open account if we have a job and will get paid from that job, while currently they have started to open accounts for freelancer category(online earners) but the maximum limit if fund at there is $5000.

For you this amount is very big some time ago we also have problem like this but now State Bank done very soft policies for lower class peoples just because of this now I can sell my bitcoins to local trader for payment in Bank 

[BitcoinPC]

In my country it is really a problem for me to withdraw my bitcoins to my bank account as our banking system do not have any category for freelancers to open an account so we only open account if we have a job and will get paid from that job, while currently they have started to open accounts for freelancer category(online earners) but the maximum limit if fund at there is $5000.

For you this amount is very big some time ago we also have problem like this but now State Bank done very soft policies for lower class peoples just because of this now I can sell my bitcoins to local trader for payment in Bank 

Every one have a choice to do what they want to do, but i want to suggest you, i think better is that use the bitcoins and do the trading with your own bitcoins, and many other ways are here to make profit from bitcoin, it is must better instead of withdraw your bitcoins into fiat currency, also so far as i know state bank give us very low interest in our actual amount.     

[Maslate]

My local exchange do offer that program, we are allowed to withdraw our bitcoins in local banks so there is no problem with us in times we want to cash out, I think there is not problem with other countries as well as normally they have the similar system.

Maybe, try to look for other exchanges if you current exchange does not offer that service.

[mishra1994u]

I think local bitcoins exchange is the best place for you to convert your bitcoins to fiat and i dont think any problem will arise because another user will send the money to your account.I always used that exchange to buy or sell my bitcoins and every thing done smoothly every time there .

[Grobogan]

i will advice use localbitcoin site for exchanging your coins and also be alert only trade with traders who has 100% trust level and had traded big amounts without any flaws

Yes, I agree, localbitcoin support to almost all country in the world. I also use localbitcoin to send my bitcoin to my bank

[CraigWrightBTC]

i will advice use localbitcoin site for exchanging your coins and also be alert only trade with traders who has 100% trust level and had traded big amounts without any flaws

Yes, I agree, localbitcoin support to almost all country in the world. I also use localbitcoin to send my bitcoin to my bank

You are right, although the seller bitcoin must pay a little high fees on there, but it is good choice for OP who looking for markets places support for Swiss Bank Account and it can be used for other Bank Account.

[maydna]

i will advice use localbitcoin site for exchanging your coins and also be alert only trade with traders who has 100% trust level and had traded big amounts without any flaws

Yes, I agree, localbitcoin support to almost all country in the world. I also use localbitcoin to send my bitcoin to my bank

you are right, localbitcoin can reach in many country without limit to withdraw on the amount of bitcoin, beside that we should choose a good sellers with high trust level and have a good rep.

[klf]

Better option then withdrawing Bitcoin to bank account is having some Bitcoin debit card. Once you have your Bitcoins there you can spend them everywhere or get cash at ATM without any fear of complications or some questions asked.

Let me try it i did not do that before coz i directly cash out from a local wallet to wireless atm
machine no need depit card to do this. But the problem is only one bank i can do that and their atm branches.

I used XAPO debit card for Bitcoins to convert cash and it is working excellent so far without any issues. But they got some fee for withdrawing each time and some conversion fee if you're not withdrawing from your card currency. With this card, you can withdraw from any ATM centre and these cards will not work in India and may be some other countries so you can check their website for more details.

[danherbias07]

i will advice use localbitcoin site for exchanging your coins and also be alert only trade with traders who has 100% trust level and had traded big amounts without any flaws

Yes, I agree, localbitcoin support to almost all country in the world. I also use localbitcoin to send my bitcoin to my bank

you are right, localbitcoin can reach in many country without limit to withdraw on the amount of bitcoin, beside that we should choose a good sellers with high trust level and have a good rep.

Yet we still have to be careful with that. Even those with good rep could end up running at the end. We can set examples but I think you already know those websites.

[The_prodigy]

Hello guys, want to withdraw Bitcoins to a new bank account in Switzerland. How to confirm the origin of money? Which stock exchange should I use? What problems can arise? Or should I use bank in another country?
Thanks in advance!

Is there any bitcoin wallet that based on your country that you can use to fast withdrawing your bitcoin because here in my country they accepting bitcoin in banks right now and it has no fee whenever we want to withdraw our bitcoin and try to find what best exchange website that you can use for.

[jaladieu]

The best way for me  to change bitcoin to bank is to sell the bitcoin by neteller or paypal and then pass the money to bank account

[clickerz]

Hello guys, want to withdraw Bitcoins to a new bank account in Switzerland. How to confirm the origin of money? Which stock exchange should I use? What problems can arise? Or should I use bank in another country?
Thanks in advance!

Is there any bitcoin wallet that based on your country that you can use to fast withdrawing your bitcoin because here in my country they accepting bitcoin in banks right now and it has no fee whenever we want to withdraw our bitcoin and try to find what best exchange website that you can use for.

I think no banks in my country acepts bitcoin. You have to transfer first your bitcoin to local exchanges then convert to local curreny and finally cash out it to your bank, atm or money transfer.