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Author Topic: MtGox now accepting bank transfers from Europe  (Read 7009 times)
sirius
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January 12, 2011, 01:45:57 AM
 #21

How about GBP? I know it's a stretch, I don't even know how many UKians use BitCoin!
The UK is a member of SEPA so transfers within Europe have the same fees as domestic transfers. The bank may charge something for currency conversion though.

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ribuck
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January 12, 2011, 10:34:25 AM
 #22

The UK is a member of SEPA so transfers within Europe have the same fees as domestic transfers.

You may want to re-read the "Misconceptions" section of the page that you quoted.

Perhaps UK banks charge the same for a European transfer as they do for their most expensive UK transfer, but the banks have several levels of service for UK transfers. In practice, UK transfers are usually free and Eurozone transfers are expensive (e.g. Nationwide charges a £25 fee in addition to the currency exchange spread).

Quote from: sultan
How about GBP? I know it's a stretch, I don't even know how many UKians use BitCoin!

Sultan, if you want to sell bitcoins for GBP, I'm buying. Send me a PM.
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January 12, 2011, 10:39:59 AM
 #23

The UK is a member of SEPA so transfers within Europe have the same fees as domestic transfers.

You may want to re-read the "Misconceptions" section of the page that you quoted.
His statement doesn't contradict it, just misses the "SEPA" between "domestic" and "transfers".

Perhaps UK banks charge the same for a European transfer as they do for their most expensive UK transfer, but the banks have several levels of service for UK transfers. In practice, UK transfers are usually free and Eurozone transfers are expensive (e.g. Nationwide charges a £25 fee in addition to the currency exchange spread).
A eurozone transfer is not necessarily SEPA, I would assume SEPA transfers to be much cheaper.


ribuck
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January 12, 2011, 10:55:10 AM
 #24

Well let me ask this then. Does any UK user have a way in practice to send Euro transfers economically? If so, which bank and what type of account?
mpkomara
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January 12, 2011, 11:04:28 AM
 #25

I am in the UK, and I use Barclays France to transfer Euros cheaply.  They are very helpful with UK customers since many of them take out mortgages for french property.  they don't require residency in france afaik.
Sultan
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January 12, 2011, 12:19:26 PM
 #26

The UK is a member of SEPA so transfers within Europe have the same fees as domestic transfers.

You may want to re-read the "Misconceptions" section of the page that you quoted.

Perhaps UK banks charge the same for a European transfer as they do for their most expensive UK transfer, but the banks have several levels of service for UK transfers. In practice, UK transfers are usually free and Eurozone transfers are expensive (e.g. Nationwide charges a £25 fee in addition to the currency exchange spread).

Quote from: sultan
How about GBP? I know it's a stretch, I don't even know how many UKians use BitCoin!

Sultan, if you want to sell bitcoins for GBP, I'm buying. Send me a PM.

I was more interested in buying them to be honest. I've only got one BitCoin at the moment! But I'm trying to figure out other ways to make more. I have a few ideas, but the payouts would be incredibly minimalistic.

I'll have to see.

Maybe when I acquire more BitCoins I'll set up a private BitCoin exchanger. But I'm guessing one would need alot of BitCoins for that...

Out of interest, who else is from the UK who is using BitCoins?

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