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Author Topic: Okay I am trying to figure if a group buy from canaan is needed or not.  (Read 2674 times)
philipma1957 (OP)
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November 18, 2016, 12:41:15 AM
 #1

I got this email


Hi,

We will email to inform you to make the payment before the shipment.
Shipment begins on November 21 (the US time).
Bank transfer is accepted only.
Thank you.

Best Regards
Angela 
Sales
TEL: +86 13681022683
Skype: auspiciouslu
https://canaan.io
https://twitter.com/canaanio

Frankly I never did a bank transfer to China from the USA.

I have Wells Fargo and they do transfers to China up to 5,000 and it seems to be only 1 bank in China is to be allowed.

The minimum amount you can send is $25.

The maximum daily amount that you can send to all beneficiaries using multiple Wells Fargo ExpressSend Service Agreements is $5,000. The maximum total amount that you can send during any consecutive 30-day period using the Wells Fargo ExpressSend service is $12,500. You cannot name the same beneficiary on more than one service agreement.

Lower limits may apply at some Remittance Network Members.

The following Remittance Network Members have additional limits on the amount that a beneficiary may receive from any source or combination of sources. Limits described as “Limit using multiple agreements” are applied across all ExpressSend service agreements which a customer uses to send ExpressSend transfers to that RNM. In many cases the Remittance Network Member will also apply these limits to what an individual may pick up or receive during the noted period of time from all remittance providers, not just from Wells Fargo ExpressSend transfers.






Wells Fargo ExpressSend® Service questions

ExpandWhat makes the Wells Fargo ExpressSend Service right for me?
ExpandWhat is the Wells Fargo ExpressSend® Service?
ExpandHow do I enroll in the Wells Fargo ExpressSend Service?
ExpandWill my beneficiary need to go to a particular pay-out location to retrieve the money?
ExpandIn what currency will my beneficiary be able to collect the money?
ExpandCan I have more than one beneficiary?
ExpandHow much money can I send to my beneficiary?
ExpandHow much does the service cost?
ExpandHow do I send money internationally using my ExpressSend service agreement?
ExpandCan I use ExpressSend for business-related payments?
CollapseCan I cancel an ExpressSend transaction?
Yes, you have the right to cancel an ExpressSend transfer within 30 minutes of completing the remittance transfer, and obtain a refund of all funds paid to us, including all fees, unless the funds have already been picked up by your beneficiary or deposited to their account.

To initiate such a request, you must contact Wells Fargo Global Remittance Services at 1-800-556-0605 within 30 minutes of making your ExpressSend transfer. Or, within 30 minutes of completing your ExpressSend transfer, you may sign on to your Wells Fargo secure online banking session at www.wellsfargo.com and proceed to the “Transfers” and “To Another Country” tabs. Select the History link for the Agreement you used to make the transfer. Then, select the Cancel link in the Action column for the transfer you want to cancel. If no Cancel link appears, then the 30 minute cancellation window for the transfer has expired.

Read your ExpressSend Sender’s Rights for more information.

Ready to enroll?
To enroll in the Wells Fargo ExpressSend Service, call 1-800-556-0605.

1. The credit to account or the cash pick-up delivery methods for remittances may not be available at all Remittance Network Members or locations.
2.
The first remittance you send under each service agreement must be initiated in person at a Wells Fargo branch. Subsequent Remittances may be initiated at a Wells Fargo branch, by calling the Wells Fargo Phone BankSM, or through Wells Fargo Online® at wellsfargo.com.

3.
Remittances sent to Soriana in Mexico require your Beneficiary to have a Tarjeta del Aprecio (a loyalty card offered at Soriana). Funds are loaded to the card when your Beneficiary picks up the remittance, and the card can be used to withdraw cash at any Soriana store. The Tarjeta del Aprecio can be obtained at any Soriana store free of charge.

4.
Remittances to Soriana may be available for payment at a Comercial Mexicana store. However, the maximum amount that can be paid per transaction is the Mexican Peso equivalent of US $1,000.

5.
This service is not available at Bodega Aurrera Express locations.

6. A US $571 transfer limit applies to ExpressSend Remittances picked up at a correspondent agent of Banco Agricola. Larger remittances must be picked up at a Banco Agricola branch.
7.
Almacenes ÉXITO S.A., Correspondent Agent for Banco Davivienda S.A., Foreign exchange market intermediary. Not applicable for Éxito Express nor for Exito.com. For more details, see the available stores and service conditions and restrictions at www.grupoexito.com.co/giros-internacionales. ÉXITO® is a registered trademark of Almacenes Éxito S.A. This service is not available at Surtimax locations.

8. Cash pick-up ExpressSend remittances to Banco de Crédito del Perú are limited to transfers picked up at a Banco de Crédito del Perú branch in U.S. Dollars.
9.
Coming soon.

10.
Remittances to China require that your beneficiary have a U.S. Dollar account at Agricultural Bank of China.


Wells Fargo Bank, N.A. All rights reserved. Member FDIC. In addition to the transfer fee, Wells Fargo makes money if converting U.S. dollars to a foreign currency.

ExpressSend

With ExpressSend, you can send money to Mexico and 12 other countries throughout Latin America and Asia. Learn more about our remittance network and cash pickup locations available for loved ones to collect the money you sent to them.

Learn More

Additional resources

ExpressSend Remittance Cost Estimator
Wells Fargo ExpressSend Transfer Limits
Sender's Rights for ExpressSend Transfers
How do I...

Enroll in the Wells Fargo ExpressSend Service
Send money using my ExpressSend service agreement
Send money to my beneficiary
En español

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Still have questions?

ExpandCall Us
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© 1999 - 2016 Wells Fargo. All rights reserved. NMLSR ID 399801




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philipma1957 (OP)
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November 18, 2016, 12:45:02 AM
 #2

more review shows me


CollapseCan I use ExpressSend for business-related payments?


The Wells Fargo ExpressSend Service is intended for use only for consumer-to-consumer remittances and not for commercial or business-related payments. For business-related payments, Wells Fargo offers an array of other services that may meet your business needs. Please consult with your personal banker.

So it looks to me  I can't do a private transfer I have to create a business account.

So How many USA members have done a bank transfer to China?

No newbies please.

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CanaryInTheMine
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November 18, 2016, 01:21:22 AM
 #3

Sounds like something bitcoin would be great for...
valkir
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November 18, 2016, 02:12:13 AM
 #4

Im looking with Allinvain since he is in Canada but if its not working, I may buy one from you phil. Will let you know as soon as I have the answer from Allinvain.
Could be so much simpler if they will accept BTC

██     Please support sidehack with his new miner project Send to :

1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
philipma1957 (OP)
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November 18, 2016, 03:16:21 AM
 #5

Sounds like something bitcoin would be great for...

I would be happy to use paypal , cc or bitcoin...

Bank transfer  looks to be a real hassle for me to do.

The idea of finding a new bank is not going to happen.

and I had hassles with wells fargo   and multiple accounts being opened by them for me.

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isoneguy
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November 19, 2016, 04:51:19 AM
 #6

cant you wire money through western union or something? I seem to remember having to do something weird like that to get bitcoin back in 2013
philipma1957 (OP)
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November 19, 2016, 05:13:46 AM
 #7

cant you wire money through western union or something? I seem to remember having to do something weird like that to get bitcoin back in 2013


Not sure about the how,to,do it.  Frankly I do not,feel like sending 2 k for two units via western union.

I have btc

I have PayPal

I have multiple Credit Cards.

My ratings here on bitcointalk,  PayPal, eBay and Credit cards .

Are as close to,perfect as possible .

And others have used PayPal to pay them.

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takagari
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November 19, 2016, 10:07:10 PM
 #8

No WU will not work, they want direct bank to bank, for th eincreased cost I decided to go with an S9 I'll just under power a little to ensure it lasts.
philipma1957 (OP)
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November 21, 2016, 06:25:05 PM
 #9

No WU will not work, they want direct bank to bank, for th eincreased cost I decided to go with an S9 I'll just under power a little to ensure it lasts.

yeah they rejected my request for paypal today.

So I am going to do more gpus.

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isoneguy
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November 25, 2016, 02:58:07 AM
 #10

Has anyone successfully purchased from Canaan? Maybe there's a secret.
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November 25, 2016, 06:18:47 PM
 #11

Not really a secret...
Bitcoin = having issues in China with that, and the volume they likely will move makes getting cash a hassle most likely. dick move but I see where they come from.
Credit card and paypal have fee's which they don't want to deal with etc. most likely, and can all be clawed back.

Bank to bank transfer, no fee, a lot harder to claw back.

From a simplicity point I see their thought process.
From a business point, they are probably still selling shit tonnes of them.

But from a different business point, they are pissing off and alienating a lot of potential buyers.

Maybe batch one will be like this for a QUICK and easy ROI, and later on they will open to BTC? Who knows..
philipma1957 (OP)
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November 26, 2016, 06:36:01 AM
 #12

Not really a secret...
Bitcoin = having issues in China with that, and the volume they likely will move makes getting cash a hassle most likely. dick move but I see where they come from.
Credit card and paypal have fee's which they don't want to deal with etc. most likely, and can all be clawed back.

Bank to bank transfer, no fee, a lot harder to claw back.

From a simplicity point I see their thought process.
From a business point, they are probably still selling shit tonnes of them.

But from a different business point, they are pissing off and alienating a lot of potential buyers.

Maybe batch one will be like this for a QUICK and easy ROI, and later on they will open to BTC? Who knows..

I was able to get two via Btc.
I was asked to pay a 25 dollar service charge.
I have paid 2043 in btc
It would have 2018 in bank transfer.
So 12.5th for 2043 and it is fedex so I am paying some taxes on this
I will be lucky to pay under 2100 when all is said and done.
The s9 is far cheaper   Say 1800 for 14th

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.. PLAY NOW ..
isoneguy
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November 26, 2016, 08:28:43 AM
 #13

the s9 is not as readily available nor is as reliable?
philipma1957 (OP)
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November 26, 2016, 11:07:44 AM
 #14

the s9 is not as readily available nor is as reliable?

true so this may be decent gear.

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isoneguy
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November 26, 2016, 01:37:26 PM
 #15

Honestly it's time to just back the community.

We need to do a groupbuy to speed up sidehack's development and dump all our funds into him.  Grin

Do you think sidehack could offer comparable value?
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November 26, 2016, 02:14:09 PM
 #16

Honestly it's time to just back the community.

We need to do a groupbuy to speed up sidehack's development and dump all our funds into him.  Grin

Do you think sidehack could offer comparable value?
I bet he could, but it's much too early to see how much the miners will cost- higher efficiency is probably going to happen compared to the A721 though. There will be a nice, big sale for sidehack miners once they come out, though, no rush right now. Smiley if it's anything like the Gekko stick, sales will not be a problem.
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