Why Polish bank accounts?

[LiteCoinGuy]

Slightly OT

It's the Slovenia bit that bothers me, I am a fan of Bitstamp, I use them, very useable site but Slovenian banks are not in the healthiest of condition.

http://www.thisismoney.co.uk/news/article-2301214/Slovenian-bailout-inevitable-Second-tiny-EU-state-caught-fallout-Cyprus-banks-crisis.html

okay but, which banks are healthier in this times? 

[bernard75]

That bailout has been looming for over 2 years.
But although this is hard id atm go with an US bank(ofc not for btc).

[NABiT]

Slightly OT

It's the Slovenia bit that bothers me, I am a fan of Bitstamp, I use them, very useable site but Slovenian banks are not in the healthiest of condition.

http://www.thisismoney.co.uk/news/article-2301214/Slovenian-bailout-inevitable-Second-tiny-EU-state-caught-fallout-Cyprus-banks-crisis.html

okay but, which banks are healthier in this times? 

That was 8 months ago and things didn’t look too healthy in Slovenia after the Cyprus crisis.

With other banks getting cranky about bitcoin since then, Barclays pingit>Blockchain, Transferwise’s bank stopping SEPAs to the exchanges, I’m beginning to think that their bank being in Slovenia might be a plus.

[SebastianJu]

Although the sheer amount of banks, neither will accept bank account opening for foreigners online.
And concerning the fees: Polish banks or rather the regulators are pretty resistant to EU regulations, but by February they will have to comply and SEPAs will be free according to the regulation from 2009.

Though the EU-Area includes a number of countries. If might be hard to open an account for a US-Citizen but a EU-Citizen shouldnt have a problem.

[bernard75]

No experience with that, sorry.
But a US citizen can still open a business in Poland and be governed by their laws.

[SebastianJu]

No experience with that, sorry.
But a US citizen can still open a business in Poland and be governed by their laws.

Right... though i would think most users here would see opening a business as overkill. Or is it that bad with banks in other areas of the world?

[bernard75]

You can always go offshore, but as far traveling costs and availability is a concern id rather stay in the EU.

[bernard75]

With other banks getting cranky about bitcoin since then, Barclays pingit>Blockchain, Transferwise’s bank stopping SEPAs to the exchanges, I’m beginning to think that their bank being in Slovenia might be a plus.

Has Transferwise made an announcement concerning this or is this based on experience?
Not that i would trust them any more than PP, since they are based in the UK and although dealing through an Estonian bank your data goes straight to the US.

[NABiT]

With other banks getting cranky about bitcoin since then, Barclays pingit>Blockchain, Transferwise’s bank stopping SEPAs to the exchanges, I’m beginning to think that their bank being in Slovenia might be a plus.

Has Transferwise made an announcement concerning this or is this based on experience?
Not that i would trust them any more than PP, since they are based in the UK and although dealing through an Estonian bank your data goes straight to the US.

Both, a real shame, their fees for SEPA are very low.

https://transferwise.com/blog/2013-04/notice-to-bitcoin-users-april-2013

[manicminer]

They all use the bank zachodni because german banks close bank accounts if you trade with the wrong bitcoin user.

Maybe dumb question but when A bank close your bank account it means it eats your money or let you transfer your funds to your account held with bank B?

[SebastianJu]

They all use the bank zachodni because german banks close bank accounts if you trade with the wrong bitcoin user.

Maybe dumb question but when A bank close your bank account it means it eats your money or let you transfer your funds to your account held with bank B?

I believe the funds are locked until the problems are solved. Thats what happened to the bank accounts of bitcoin-24.com too.