Bitstamp Wire Withdraw?

[jerry0]

To anyone that uses bitstamp and done a usd wire withdraw to your bank account, what is the minimum/max?  Also how much are the fees?  And i read that they only allow wire transfers as oppose to ACH.. is that correct?


Thanks.

[TheQuin]

To anyone that uses bitstamp and done a usd wire withdraw to your bank account, what is the minimum/max?  Also how much are the fees?  And i read that they only allow wire transfers as oppose to ACH.. is that correct?

ACH is a US banking system so as Bitstamp are based in Europe that's not available. If you want to withdraw to the US the two options are International Wire or withdraw to a Bitstamp debit card.

International Wire: 0.09% fee, minimum fee is 15.00 USD/EUR on Bitstamp's end and may incur additional international bank fees.

Debit Card: Flat $10 fee for amounts up to $1000. For transfers above $1000, a 2% fee is charged.

[jerry0]

HI there.  So if you withdraw say 5k, how much would it cost total if you withdrew to say american bank account?

[TheQuin]

HI there.  So if you withdraw say 5k, how much would it cost total if you withdrew to say american bank account?

I just told you.

International Wire: 0.09% fee, minimum fee is 15.00 USD/EUR on Bitstamp's end and may incur additional international bank fees.

0.09% of $5,000 is $4.50 so the minimum fee of $15.00 will be charged. Additional fees mean if your bank charges anything.