Withdrawing from Coinbase to UK bank account?

[hilariousetc]

I literally just signed up to Kraken a few minutes ago but to try trade btc for some alts. I'll see how it goes.

[hilariousetc]

From what I understood you need to send the gbp wallet balance to the euro wallet balance.

So does anyone know how to do this? There doesn't seem to be any option to transfer between accounts. I sent in another bank transfer from a different account to verify it on the 28th and still nothing.

[hilariousetc]

There's finally a withdraw button on my Euro wallet but not my GBP one but even when I click withdraw on the Euro one it still says "Please add a bank account...". Really not going to try adding another so will have to wait for a response from support but I've got a feeling I wont even get one. There still doesn't seem to be any way to transfer funds from my GBP wallet to the Euro one either.

Anyone know any exchanges that aren't a piece of shit? Might just sack them all off an sell my coins for cash because it's much cheaper and far less hassle but still need to get my money off Coinbase.

[jdn_ldn]

Effective November 20, 2015, when you withdraw GBP from Coinbase we will perform a conversion to EUR and then wire you EUR via SEPA.

Does this mean when I receive withdrawals from Coinbase into my UK bank account its done as an international transfer?

I'm just trying to find this out as my bank is saying I have to pay various a flat fees (depending on the amount) to receive international transfers...

[gentlemand]

Effective November 20, 2015, when you withdraw GBP from Coinbase we will perform a conversion to EUR and then wire you EUR via SEPA.

Does this mean when I receive withdrawals from Coinbase into my UK bank account its done as an international transfer?

I'm just trying to find this out as my bank is saying I have to pay various a flat fees (depending on the amount) to receive international transfers...

That's an old missive, but it looks like a more modern one says pretty much the same.

https://support.coinbase.com/customer/portal/articles/1963534-payment-methods-for-uk-customers

I thought they had GBP banking in Estonia or something but perhaps that's fallen away.

This is the best place to ask questions about getting BTC proceeds to your bank account - https://www.reddit.com/r/BitcoinUK/

[hilariousetc]

Effective November 20, 2015, when you withdraw GBP from Coinbase we will perform a conversion to EUR and then wire you EUR via SEPA.

Does this mean when I receive withdrawals from Coinbase into my UK bank account its done as an international transfer?

I'm just trying to find this out as my bank is saying I have to pay various a flat fees (depending on the amount) to receive international transfers...

I don't know if it's classified as an international transfer but it's a European bank based in Estonia like gentlemand said above. As with any foreign currency transfers banks will normally try rape you with unnecessary fees though. I get stung with a $60 fee on Kraken for every withdraw which is annoying.

Also, support finally emailed me back a few weeks ago and apologised for the delay and told me they'd verified my bank accounts but I don't know if I trust their word enough. Might try it out with the smallest amount of coins and see if there's any success because Kraken is being pretty laggy and Coinbase is offering much better rates right now.

[marky2018]

I have an account with RBS which i linked to my coinbase account buy sending a sepa payment of 20euro, i then exchanged a small amount of bitcoin to euro on coinbase and sent the euro back to my bank account, the exchange rate wasnt great for euro back to pounds but it did end up back in my account.
Another method, which im going to try is localbitcoin, they have several buyers who will take bitcoin from you for pounds although i think this requires a bit more research before trying.