So how does this work? I deposit Euro's, they automaticly convert them to Dollars? (for free???) And I then buy bitcoins?
Yupp, pretty much.
I sent them some euros yesterday after working hours from Spain.
I got USD in my Bitstamp account this morning! And the EUR/USD conversion was pretty much what google gives me - very fair exchange rate.
Plus, they had some BTC for 5.81 on sale - so now I'm in Bitcoins
Overall - I am very satisfied so far.