Okay I'm adding all this in now.
Can you clarify what you mean by, "However they all allow for online banking to be connected to them with verification."
So if the people making the cash dpeosits were to submit their verification info online to Canadabitcoins and then canadabitcoins submits that to the bank then its no issue?
Verification
To get verified for bill payments
Your TAYPE INTERNATIONAL account number is: xxxxxxxxxxxx (for CIBC/BMO/RBC/HSBC/Desjardin/Credit Unions)
Your DIRECT FUND SOLUTIONS account number is: xxxxxxxxxxxx (for TD Canada Trust)
Your DIRECT WORLD (DIRECT WORLD CONVENIENCE CARD) account number is: xxxxxxxxxxxxxxx (for ScotiaBank)
May 1 2013 Direct Deposit to any Canadian Bank is now available to SELL bitcoins for VERIFIED ACCOUNTS ONLY
Some API images
http://postimg.org/image/arwnoe385/a1dee4d3/http://postimg.org/image/fl4gnia7h/69825cb6/http://postimg.org/image/mk716qg7l/7ccc743a/Hope that helped the Canada data out a bit
I guess banks do accept bitcoin orders but they added a 1-3 day delay if you consider the fact that a month ago you could walk into a RBC or CIBC ask the teller to send money to this account and have your bitcoins within 24 hours
Jun 19 2013 Clarification on Bill Payments - There is NO RATE GUARANTEE. Banks take anywhere from 1-3 business days to process bill payments, so orders may be adjusted to the current rate at the time of receipt of payment from the bank.
Yes that is the case but if you want to confirm just ask James he runs Canadianbitcoins and will reply to your posts in the Havelock thread pretty much as long as you don't raise red flags by doing 10k transactions in and out you should be ok ^_^
Old Transaction
Thank you for placing your order to BUY Bitcoins from Canadian Bitcoins.
Please note, the CENTS have been adjusted. You must deposit this exact amount
or we will not be able to identify your order!
Transaction ID: xxxxxxxxxxxxxxxxxxxx406197f4406219283
Bitcoin Deposit Address: xxxxxxxxxxxxxxxXxxxxxxxxxxxxxxxXxx
Buy Amount: $xxx.xx CAD
Buy Rate: $xx.xx CAD/BTC
Total: x.xxxx BTC
Go to any CIBC Branch with cash in hand, and tell them you would like to
deposit into the following account:
Branch: 00986
Account: 3319512
Account Holder: 8159181 CANADA INC.
Deposit Amount: $xxx.xx CAD
Once the payment is credited to our account your order will be added to the processing queue.
FAQ: When will I receive my Bitcoins?
If its during core business hours (Mon-Fri, 10-4 EST), you should expect your coins by the end of the day. If it is outside those hours, you should expect your coins by the end of the next full business day. Yes, you might get them a lot sooner, but please don't call us in a panic if 'last time it only took 1 hour, and now its been 3 hours!'. Please wait until the end of the next business day before contacting us for 'missing bitcoins'
Thank you for choosing Canadian Bitcoins!
http://www.canadianbitcoins.comThen after you went to the bank and executed your order you got this
Thank you for using Canadian Bitcoins to buy your Bitcoins!
Transaction ID: xxxxxxxxxxxxxxxxxxxx406197f4406219283
Bitcoin Amount: x.xxxxxxxx
CAD Amount: $xxx.xx
Rate: $xx.xx CAD/BTC
Bitcoin Wallet Address: xxxxxxxxxxxxxxxXxxxxxxxxxxxxxxxXxx
Your Bitcoins have been sent to the wallet address above
which may take up to an hour to appear in your wallet. Please
ensure your client is up-to-date with the latest blocks in
order to see the incoming transaction.
You can verify the bitcoins have been sent by checking the
following block chain link:
http://blockchain.info/address/xxxxxxxxxxxxxxxXxxxxxxxxxxxxxxxXxxBelow is a copy of your complete transaction log for your reference
2013-06-10 xx:xx:xx created Transaction Created
2013-06-10 xx:xx:xx completed Transaction Completed
Thanks again, for choosing Canadian Bitcoins!
http://www.canadianbitcoins.comSimply put more of a PITA now
