Topic: Bitcoin friendly UK Banks ? (Read 1551 times)
Look into Fidor. They're open in the UK and openly crypto friendly. I ain't sure if they're totally up to speed yet, there's some weirdness about pooling bank account numbers for transfers or something, but they're out there.
Which are the best UK Banks to deal with when withdrawing from Bitcoin Exchanges ?
I only have 1 Bank Account (Santander) and i cannot afford for them to close my account if i do a transfer from a Bitcoin Exchange. Does anyone have knowledge if they will do that ? If so what are the best alternatives ?
I only have 1 Bank Account (Santander) and i cannot afford for them to close my account if i do a transfer from a Bitcoin Exchange. Does anyone have knowledge if they will do that ? If so what are the best alternatives ?
I have used Santander with no problem.
Thanks, looks like i will have to look at the debit cards. Is there one that is better than the others, more reliable backer ?, or are they all much the same ? cheers
if you dont want the risks of withdrawing to your bank account, make a bitcoin friendly card(xapo,advcash etc) and just go to any atm. You will have to pay some fee's but it will be under the radar.
depending on your country there might be prepaid cards (the one you can buy in stores and can charge online) accepted by some exchange, if you live in europe there is high chance you can find one
edit: ops sorry i see only now is about uk
edit: ops sorry i see only now is about uk
Bitcoin friendly banks:
*tumbleweed*
*coyote howls in the distance*
*tumbleweed*
*coyote howls in the distance*
I use Kraken, and withdraw to my Halifax account and have had no problems.
My advice - keep the withdrawals small (under £100) and infrequent (only once a week) to ensure you stay under the radar. It is a pain and means you can't withdraw lump sums, but it is safe.
I would open a second account with say Halifax and Barclays, so you can withdraw small amounts to each in turn. That way you won't trip any algorithms.
My advice - keep the withdrawals small (under £100) and infrequent (only once a week) to ensure you stay under the radar. It is a pain and means you can't withdraw lump sums, but it is safe.
I would open a second account with say Halifax and Barclays, so you can withdraw small amounts to each in turn. That way you won't trip any algorithms.
Which are the best UK Banks to deal with when withdrawing from Bitcoin Exchanges ?
I only have 1 Bank Account (Santander) and i cannot afford for them to close my account if i do a transfer from a Bitcoin Exchange. Does anyone have knowledge if they will do that ? If so what are the best alternatives ?
I only have 1 Bank Account (Santander) and i cannot afford for them to close my account if i do a transfer from a Bitcoin Exchange. Does anyone have knowledge if they will do that ? If so what are the best alternatives ?
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