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Author Topic: Blockchain only does Sofort Banking?  (Read 1983 times)
NABiT
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April 04, 2013, 08:24:16 PM
 #21

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I don't think Transferwise is needed for BITSTAMP as they state on their website free deposits for UK bank accounts IIRC.  You need to send the money from your online banking as a international transfer/payment.

Does anyone know if Transferwise can be used to receive money in the UK cheaply as BITSTAMP does charge for UK deposits.

No it isn't but I am sure you will find your bank will sting you whatever method you choose in terms of fees and exchange rates.

As far as I know transferwise is a payment system only
dertin03 (OP)
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April 04, 2013, 08:27:01 PM
 #22

My bad it does do UK for SEPA transfers. I'm gonna give it a shot now thanks
bowen151
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April 04, 2013, 08:27:30 PM
 #23

UK wire transfers to international destinations are around £25 I think at my local bank branch.

Also they take an age to complete (process)

SEPA seems to be the quickest and cheapest in terms of fees I think

-Buying/Selling graphics cards every month
--Buying BTC every month £/$/€200+ wanted
---UK based re-seller of physical bitcoins  Click here to buy
NABiT
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April 04, 2013, 08:40:07 PM
 #24

UK wire transfers to international destinations are around £25 I think at my local bank branch.

Also they take an age to complete (process)

SEPA seems to be the quickest and cheapest in terms of fees I think

Agree, and if anyone can find a SEPA payment system that beats transferwise's flat fee of £1 for up to 200 GBP/EUR - 0.5% for larger then I would be interested to know.
dertin03 (OP)
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April 04, 2013, 10:41:15 PM
 #25



AH "Great Britain"...so used to seeing United Kingdom!
Thats where I got confused
dertin03 (OP)
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April 04, 2013, 10:44:12 PM
 #26

UK wire transfers to international destinations are around £25 I think at my local bank branch.

Also they take an age to complete (process)

SEPA seems to be the quickest and cheapest in terms of fees I think

£10 from Lloyds online
iruleeveryone28
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April 04, 2013, 10:59:55 PM
 #27

So we've basically re-found out that transferwire is the best option ATM. Cheesy
widgetp
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April 04, 2013, 11:08:29 PM
 #28

Have they also removed their barclays option?
bowen151
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April 04, 2013, 11:24:10 PM
 #29

Yep.

They have removed pingit and also GBP payments through sofort, the best option now is to do this through different websites:

With a UK debit card you can do this:

Simply sign up to transferwise: http://transferwise.com/u/f0bd

Open bitstamp

Click SEPA deposit on bitstamp page to get payment/banking information

Back to transferwise and input the details from bitstamp by pressing the "make a payment"

Upload your funds to transferwise by debit card or bank transfer and when they get that payment, the will then send it on to bitstamp as a SEPA payment.

24-72 hours later your bitstamp account should be credited and ready to buy bitcoin


-Buying/Selling graphics cards every month
--Buying BTC every month £/$/€200+ wanted
---UK based re-seller of physical bitcoins  Click here to buy
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