BITSTAMP SEPA account "no transfer" countries/banks' list (upd 2014-10-14)

[senor_coconut]

Please add the following to the BLOCKED list, they have refused my 20k USD withdrawal from Bitstamp (taking more than a week and then deciding without providing any explanation, typical frenchy bankster style):

Country: Luxembourg
Bank: ING Luxembourg
Transfer type: Wire USD

Date: 28/02/2014

Thanks!

[1714810180]

1714810180

[senor_coconut]

second kind:


We kindly ask you to answer the following KYC questionnaire:

1. How did you learn about Bitcoin?
2. The purpose of trading on Bitstamp?
3. What is the origin of the deposited Bitcoins? If mining, please specify your hardware specifications and submit a receipt or an invoice for your mining equipment.
4. When and how did you obtain your Bitcoins?
5. What is the reason for your activity - depositing BTC, selling, withdrawing?
6. What are your future plans and activities planned on our exchange?
7. Do you plan more of such withdrawals in the future? If yes, how many and why?
8. Which bank are you using? Please provide the complete address and SWIFT code.

We kindly ask you to submit your answers and documents in a reply to this ticket

What is the time they need to process the answered AML questions?

No more than 3 business days in my case if I recall correctly, for sure not 1 week.

[mmitech]

second kind:


We kindly ask you to answer the following KYC questionnaire:

1. How did you learn about Bitcoin?
2. The purpose of trading on Bitstamp?
3. What is the origin of the deposited Bitcoins? If mining, please specify your hardware specifications and submit a receipt or an invoice for your mining equipment.
4. When and how did you obtain your Bitcoins?
5. What is the reason for your activity - depositing BTC, selling, withdrawing?
6. What are your future plans and activities planned on our exchange?
7. Do you plan more of such withdrawals in the future? If yes, how many and why?
8. Which bank are you using? Please provide the complete address and SWIFT code.

We kindly ask you to submit your answers and documents in a reply to this ticket

What is the time they need to process the answered AML questions?

No more than 3 business days in my case if I recall correctly, for sure not 1 week.

true, but I am really curious how is it now, I think the gox BS will change this fact, now they have allot of new users and allot of pressure, can you tell us how long did it take when you get any confirmation...

[KS]

Please add the following to the BLOCKED list, they have refused my 20k USD withdrawal from Bitstamp (taking more than a week and then deciding without providing any explanation, typical frenchy bankster style):

Country: Luxembourg
Bank: ING Luxembourg
Transfer type: Wire USD

Date: 28/02/2014

Thanks!

Done.

Thanks.

updated 2014-03-06

[OhShei8e]

true, but I am really curious how is it now, I think the gox BS will change this fact, now they have allot of new users and allot of pressure,

And in the end, they are insolvent ...

[mmitech]

true, but I am really curious how is it now, I think the gox BS will change this fact, now they have allot of new users and allot of pressure,

And in the end, they are insolvent ...

https://www.bitstamp.net/article/statemen-regarding-recent-third-party-audit-report/

Dear Bitstamp clients,

On November 22nd and 23rd, 2013 an on site due diligence was carried out in respect of Bitstamp Ltd. on behalf of a 3rd party.

Bitstamp’s balance of BTC was validated by temporarily creating the largest single Bitcoin wallet and in the process the largest Bitcoin transaction in history.

The report identified that Bitstamp held 100% of validated BTC balance and USD funds. No material issues were raised as a consequence of the 3rd party’s investigations.

Original statement


Best regards,
Bitstamp team

[eoJ]

Thanks for all the info guys.

Has anybody made a transfer of 100k $ to bitstamp? Is anything special necessary for the procedure?

Would this be to risky or is there any better alternative to buy a large amount of btc?

Thanks again.

I made large transfers in and out, the only thing is when you trigger AML alarm they ask you to answer 6 questions when you do it will take a couple of days to verify the answers then you are good.

How exactly is AML triggered?

Thanks!

It would be a crime to say exactly, it varies from company to company, but the legal max is £10k. This is lower (but not specific) for high risk transactions, but it's up to the provider to set their AML thresholds, and that needs to remain private to comply with the law.

[KS]

yay, tables!

updated 2014-03-18

[Amitabh S]

Can someone make the same list for bitcoin-central?

[KS]

minor fixes.

updated 2014-03-21

edit: table fixes
updated 2014-03-27

[KS]

Could those who had problems in the past please confirm things are A-OK now?

Thank you.

[manicminer]

Banks blocking transfers - Hypovereinsbank (that is Unicedit Bank for Germany)
Banks allowing transfers - UniCredit Bank Slovenia

Strange

Btw. you do not have to mention here HiFX and Transferwise as they are not capable of transfers relying on a unique code in comment section of a wire transfer.

[riclas]

I have been trading on localbitcoins and several german banks have started blocking my IBAN. I'm not sure if it's the same for bitstamp transactions but I'd say so.

For now I know of: Sparda BW

And no problem in CGD bank from Portugal.

I'll keep this post updated, or create a new thread if people think it's best.

[KS]

Banks blocking transfers - Hypovereinsbank (that is Unicedit Bank for Germany)
Banks allowing transfers - UniCredit Bank Slovenia

Strange

Btw. you do not have to mention here HiFX and Transferwise as they are not capable of transfers relying on a unique code in comment section of a wire transfer.

Yes, banks from the same group blocking or allowing transfers. No obvious rhyme or reason (ING does this too). HiFX and Transferwise are money tranfer companies but they still blocked transactions to Bitstamp, so I'll leave them here for now.

I have been trading on localbitcoins and several german banks have started blocking my IBAN. I'm not sure if it's the same for bitstamp transactions but I'd say so.

For now I know of: Sparda BW

And no problem in CGD bank from Portugal.

I'll keep this post updated, or create a new thread if people think it's best.

Thx. CGD Bank added (Sparda BW was there already).

Updated 2014-10-14.