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Author Topic: send bitcoin to bank wire (SEPA)  (Read 376 times)
someone111 (OP)
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June 09, 2017, 09:02:26 PM
 #1

Is there some service where you can enter IBAN / BIC (bank wire account number), send bitcoin to an address and then have magically the BTC converted to fiat and sent to the recipient's account?

Would be sometimes useful to pay bills.

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BitcoinGirl.Club
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June 09, 2017, 10:07:04 PM
 #2

Is there some service where you can enter IBAN / BIC (bank wire account number), send bitcoin to an address and then have magically the BTC converted to fiat and sent to the recipient's account?

Would be sometimes useful to pay bills.
I honestly think this is not possible without information were money is being wired to and they also have to abide by their AML regulations
Some information about the account holder will easily make this whole process much easier...

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n691309
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June 09, 2017, 10:13:24 PM
 #3

Is there some service where you can enter IBAN / BIC (bank wire account number), send bitcoin to an address and then have magically the BTC converted to fiat and sent to the recipient's account?

Would be sometimes useful to pay bills.

Something like bitbill.eu? I just searched in google and found that there are some services that offer service that you are requiring for. Since SEPA transfers are fast and are available only in european countries then bitbill should fullfill your requirments. For other countries i think bitwala should work too, it's highly ranked in search engines to pay bills with bitcoins.
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June 10, 2017, 12:49:53 PM
 #4

Is there some service where you can enter IBAN / BIC (bank wire account number), send bitcoin to an address and then have magically the BTC converted to fiat and sent to the recipient's account?

Would be sometimes useful to pay bills.

You can use bitpanda and okpay for converting btc and send to desired bank address. My advice is bitcoin debit card which will solve all mentioned problems with low fee. IMO cubits and bitpanda both have SEPA transfers options to withdraw bitcoins as cash.It is up to you choose which service fits your needs.

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LeGaulois
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June 10, 2017, 01:10:04 PM
 #5

Is there some service where you can enter IBAN / BIC (bank wire account number), send bitcoin to an address and then have magically the BTC converted to fiat and sent to the recipient's account?

Would be sometimes useful to pay bills.

Bitwala.io is what you're looking for. You can pay bills with Bitcoin: you enter IBAN and send Bitcoin to an adress. It's not done instantly, but usually within 1 hour. It can also works with altcoin if you use Shapeshift. You can pay all your recurring bills at once with Bitwala. You can even pay bills from a spreadsheet.

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Oralmat
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June 11, 2017, 04:13:39 AM
 #6

Is there some service where you can enter IBAN / BIC (bank wire account number), send bitcoin to an address and then have magically the BTC converted to fiat and sent to the recipient's account?

Would be sometimes useful to pay bills.

It can be done, but I would add a level of protection.  Get a Serve card from American Express and use a service like Paxful to sell your Bitcoins into that serve card.  From there you can either use an ATM for cash or if the bank wire is important then you can use that to wire to Walmart or whatever you need.
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