Can I transfer my cash without leaving a trace?

[Sijjaf]

Hi. I have some money in a bank account. I have the ability to do transfers out of my bank account. I am looking for a way to transfer the money from my bank account, to bitcoins. And then some kind of way to withdraw the bitcoins back into cash. Mainly I am looking for a way to break the link between the initial bank account, and the cash at the end. I figured using bitcoins in the middle would be the best way to do this. Please could somebody offer me some advice or some services that are able to do this.

[1714903258]

1714903258

[shinratensei_]

Hi. I have some money in a bank account. I have the ability to do transfers out of my bank account. I am looking for a way to transfer the money from my bank account, to bitcoins. And then some kind of way to withdraw the bitcoins back into cash. Mainly I am looking for a way to break the link between the initial bank account, and the cash at the end. I figured using bitcoins in the middle would be the best way to do this. Please could somebody offer me some advice or some services that are able to do this.

Try to use the exchange site such as virwox,localbitcoin or coinmama. and then after getting your bitcoin and sell them in this time your amount already get a mixer. and feeling free for sending your amount into the other bank account. but you need to prove all of the ID. that's really complicated.

[romero121]

I don't think its cent percent possible to completely hide the in between transaction link. To send from bank to a trader to get bitcoin, the end will be identified because on payment your bank account is important. Secondly from bitcoin too bank the same process happens. You can make it come true by any business with bitcoin. This helps you get paid in bitcoin and the same can be sold in person as there are traders around to do it. Some trading websites help find those traders.

[digaran]

You want to buy bitcoin with paying from a bank account, well after you bought your bitcoins click on my signature send bitcoins to them however before sending you need to create one or as many you like addresses with their private keys saved because you'll need to provide bitmixer with those new addresses and chose how they should send completely new bitcoins to those addresses you sent them, you can also tell them to send one or many transactions with delay time to hide the obvious amounts being transferred over blockchain. at last just send those new coins to an exchange to sell for fiat.

[Arcteryx]

No not in this day and age. It is completely not possible. There will always be a paper trace.
And that is because of the advent of terrorism and bank executives stealing from their customers also with wall street failing and their CEOs stealing their employee's pensions out from under them.
Why do you think Goldman and Sachs and all those other wall streeters in the big crash in 2008-2009 were trying to burn all their companies past bank transactions? Because their was a paper trail to trace back to them all for defrauding their own companies for personal gains.

[poloniexwhale]

Hi. I have some money in a bank account. I have the ability to do transfers out of my bank account. I am looking for a way to transfer the money from my bank account, to bitcoins. And then some kind of way to withdraw the bitcoins back into cash. Mainly I am looking for a way to break the link between the initial bank account, and the cash at the end. I figured using bitcoins in the middle would be the best way to do this. Please could somebody offer me some advice or some services that are able to do this.

You mean bitcoin mixer? But I recommend you don't crime, it is bad, if it is dirty money, you will be caught.

[MirkoIta]

Hi. I have some money in a bank account. I have the ability to do transfers out of my bank account. I am looking for a way to transfer the money from my bank account, to bitcoins. And then some kind of way to withdraw the bitcoins back into cash. Mainly I am looking for a way to break the link between the initial bank account, and the cash at the end. I figured using bitcoins in the middle would be the best way to do this. Please could somebody offer me some advice or some services that are able to do this.

You can surely contact someone on Localbitcoins if there are any near you and you can buy some bitcoins with cash, if you meet the seller you don't need to handle your ID or anything else. I also used to sell and buy bitcoins in the local thread of Bitcointalk and never had troubles. After that you can sell your bitcoins for cash to another person and you won't have anything that ties your money to the bank account and the bitcoins you bought.

[chennan]

Depends really on how serious you are in wanting to leave no trace behind, or "break the link".  You will definitely need to be doing more than just transferring your cash into Bitcoins and then back into cash, you need to dedicate an external hard drive of some sort with tails, or maybe just a thumbdrive to boot up tails.  It will also be in your best interest to use some sort of a VPN to connect to the internet with.  Take all the necessary, "typical" precautions of securing your internet communications.

Also in terms of trying to "break the link" between the initial bank account and you receiving cash at the end... you will need to use a different cryptocurrency other than just Bitcoin.  This will surely piss off some people just from saying this, but I would highly recommend transferring the Bitcoins you purchase to Monero and send it through a couple of wallets you control with private keys.  Use a high mixin of around >6 and transfer Bitcoin to your exchange wallet through using the website xmr.to  ... Using Bitcoins alone isn't a very good option because your bank account will be linked to the Bitcoins you purchased, and using mixers aren't very secure and/or trust worthy, since you are using a third party.

This is the best option to "break the link" hands down.  Don't take my word for it, do your research and figure out a plan that you are comfortable with.

[Labumi]

Did you mean you want to buy with bitcoin RECs your bank, but could not be in the know about your transaction mutation ..?? . If that is true, then the only way is to join the Black Hat (hacker). they have many ways to do it, and you're probably going to be crime victims than they are if you don't have the same skills. Or you can make a purchase to those who sell them bitcoin, where there would only record the name of the transaction. There you can give a reason that can be made with either, So it requires a sacrifice

[Doms]

That might require a complex set of maneuvering to do such a thing and you might need an accomplice from the bank for you to be able to accomplish that. But that doesn’t seem to be the right way to go about it, unless you want to be charged of some violations. Certain rules and policies are being set and followed so that paper trail is always there and to help reduce the risk of making transactions illegally.

[chennan]

That might require a complex set of maneuvering to do such a thing and you might need an accomplice from the bank for you to be able to accomplish that. But that doesn’t seem to be the right way to go about it, unless you want to be charged of some violations. Certain rules and policies are being set and followed so that paper trail is always there and to help reduce the risk of making transactions illegally.

Yeah, agreed... you definitely want to research what you are getting yourself into first.  If it's illegal, then yeah... it's best to just avoid that.  But if it's for the purpose of moving money privately just for privacy sake (for whatever reason) then just make sure you are looking at the terms and conditions your bank has in regards to accepting deposits from online exchanges.

Also, you really might want to look into bitsquare... using a decentralized, P2P system straight up to put money in and take money out is always the best option.

[Sijjaf]

Hi. I have been thinking and would like to know if this would work:

I buy bitcoins from my bank account.
I use a bitcoin mixer.
From the bitcoin mixer I get them sent to a bitcoin debit card.
The money is withdrawn using the card.

Would this not make it impossible to link the card to the original bank account?

[stadus]

It would be safer if you will just withdraw your money in your bank and deposit that funds to another account or the account where you will pay the bitcoins you buy. There is always a trail if you will directly transact from your bank account and that is not safe for you if you are doing it for some shady activities, money laundering can be trace easily when we use banks to transact, bear that in mind.

[The Sceptical Chymist]

This is either for illegal purposes or else OP is severely paranoid.  I won't feed into either of those things, so good luck on whatever you decide to do, OP.

Cold, hard cash is pretty damn anonymous.  Bitcoin isn't.  The detectives on this forum can easily figure out who's getting what, so super secret spy agencies could probably figure out a hell of a lot more.  Ah, who cares.  In the long run we're all dead anyway.

[LuanX3]

I just hope what you are doing is not illegal. But here goes, just remember I do not condone money laundering.

Depending where you live, what you can do is initially invest the money into an exchange. This however might involve giving your true identity depending on the amount we are talking about. Then you have to trade into bitcoins then withdraw the bitcoins to an anonymous address. Now, you have to use a mixer to somehow remove the traces from your bitcoins. Then you find a way to cash it out, maybe for this try localbitcoins or paxful. Do a face to face kind of deal where the buyer will pay you cash.

[darkangel11]

You have your money in your bank account and want to withdraw through bitcoin, but then convert back to cash? May I ask why? It seems a waste of time, the bank knows how much you have and if you withdraw it and turn to bitcoin and back to fiat you won't achieve anything. The only reason for this would be to move the money across the border, but then you will have to use a bank or an ATM connected to an exchange to withdraw cash and this will always leave a trace.

[Vorth]

It is possible. Use localbitcoin, their service is so fast as my friend experienced that.

Buy bitcoin in localbitcoin using your bank account details.
Have a bitcoin address
Copy your btc address and give it to localbitcoin account
Then cash it out now.

[philiveyjr]

If you mean Bitcoins to Bitcoins transfer, in that case, the are a lot of mixers that can do it for you and not leave a trace for a minimal fees. If you don't want to spend at all, you can use localbitcoins, or some casinos. You will be given an address but the money sent from the casino will be from a different address and it is close to impossible to trace.

[bryant.coleman]

Seems like you have hacked in to someone else's bank account. Here is the best method for you:

1. Withdraw the money in physical cash
2. Use localbitcoins to find a seller who will trade with you in person, accepting cash for BTC
3. Once you have the BTC in your wallet, order pre-paid VISA debit cards using these coins
4. Use any ATM in your vicinity to withdraw cash from these debit cards.

Be careful if you are using the Polish debit cards. They can be loaded from just three different bank accounts. If you try with more accounts, then they will block your card and freeze your funds.

[~Bitcoin~]

You can buy bitcoin in face to face deal with some local guy who want to sell their bitcoin for hand cash, localbitcoins and paxful is best place to find them. Than store your bitcoin in cold wallet like paper or hardware wallet (don't store in web wallet that require personal details).

You can sell your bitcoin when you need through same process.