Bitcoins Direct Support Thread - page 12.

Stephen Gornick

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From the FastCash4Bitcoins,com thread:

Quote from: TangibleCryptography on October 05, 2012, 03:07:50 PM

We are discontinuing OKPAY effective 10/5/2012. Any existing OKPay orders will be paid as normal. While there is demand for OKPay the volume simply doesn't warrant the allocation of working capital. In order to better serve our clients, we will continue to focus on our core deposit methods and reevaluate OKPay in the future.

Does that mean the Bitcoins Direct side no longer accepts OKPay as a funding method too?

chrcoe01

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maybe a newb question, but would any trade done be able to be rated within the bitcoin-otc system? I thought it's a possibility because OTC just refers to off exchange trades.

opentoe

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Personal text my ass....

I have used Tangible a few times to get some bitcoin. Very efficient and quick service. When ever I need bitcoin I'll always use them going forward.

TangibleCryptography

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Tangible Cryptography LLC

Quote from: TehZomB on October 01, 2012, 06:19:21 PM

Hi TC,
Are cash deposits at bank branches processed on Saturdays?

Yes however most locations have reduced hours on Saturday so check the bank's website for branch hours.

TehZomB

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Hi TC,
Are cash deposits at bank branches processed on Saturdays?

TangibleCryptography

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Tangible Cryptography LLC

Update:

The minimum deposit for Bitcoins Direct is $500.00 (five hundred USD). Lately we have had a rash of smaller deposits in violation of our terms. Generally we have honored those deposits but it is simply wasting too much of our time. We also incur additional cost for these small deposits and that raises the cost of business for our legitimate customers. We have a minimum deposit amount because we process deposits manually. This is not intended as a real time instant delivery service of small amounts. For that type of service BitInstant is a trusted vendor.

Deposits below the stated minimum will be refunded by company check at the depositors cost. All costs (mailing, printing, and deposit fees) plus a refund fee of $20.00 will be deducted from the deposit amount. Depositor will be required to provide a payee name and mailing address. No exceptions will be granted.

TangibleCryptography

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Tangible Cryptography LLC

Quote from: jborkl on October 01, 2012, 01:53:38 PM

Excellent transaction with Tangible. Sent the money, he sent the coins- even helped me set up GPG!

Thanks again

No problem. Glad we could help. Looking forward to more transactions in the future.

jborkl

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Team Heritage Motorsports

Excellent transaction with Tangible. Sent the money, he sent the coins- even helped me set up GPG!

Thanks again

TangibleCryptography

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Tangible Cryptography LLC

Update:

In all messages to us please include your GPG KEY ID. We receive a large amount of encrypted communication each day. Many clients use a GPG key which doesn't match their email address. Some clients don't include their name in their email and do on the key or include it in their email but not on their key. We check digital signatures but not all clients sign non-order messages.

It has become tedious and wasteful to attempt to locate the proper key needed to encrypt our responses using a variety of methods (check signature, check name, check email, check prior email history for original key, etc). If you do not include your KEY ID in every message we will return it asking for the KEY ID. Your KEY ID is an 8 digit alphanumeric code which identifies your key. It isn't a secret, think of it as a serial # for your key. Please make a note of it in your message. Including your KEY ID in the message text allows us to rapidly look it up.

Quote from: example decrypted message

John Doe

blah blah blah.

Thanks.

Tangible Cryptography (Key ID C26C17CD)

Bugpowder

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Quote from: TangibleCryptography on September 14, 2012, 02:37:09 PM

Quote from: samadamsbeer on September 14, 2012, 02:32:39 PM

My mistake. I had in the back of my mind the fact that I believe Bank of America account holders can transfer money to other Bank of America account holders, I believe free of charge, online. But I think this may be something equivalent to ACH which you don't accept. Otherwise I will endeavor to use your service ASAP!

BofA does have a feature where you can instantly transfer funds to another BofA account. This would be a great deposit option but they block it from working on business accounts. If you try you will get an error. No technical reason it couldn't work but they don't want to give business accounts free "anything".

That feature is really just for tiny transfers. $1k limit / day $2.5k / wk.

DeathAndTaxes

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Gerald Davis

Quote from: aneutronic on September 26, 2012, 08:32:17 AM

Have you checked ING? Bitfloor is currently accepting deposits through their customer to customer transfers.

Yes. ING offers no business checking accounts so there is no option for instant payment. We can forward ING payments to our company bank accounts. We are currently conducting a limited trial. However understand that is a normal ACH so the standard 3-5 day delay applies, there is nothing "instant" about it. So it is more like; deposit $x, lock exchange rate, wait 3-5 days, we deliver BTC.

aneutronic

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Quote from: TangibleCryptography on September 14, 2012, 04:11:02 PM

Maybe I wasn't clear, it isn't available to business accounts at any cost. Bank Of America intentionally cripples that service so it can't ve used to send funds from or to business accounts. Banks have small business exactly where they want them. "Free checking" yeah not for businesses. Transaction fee, deposit fee, withdraw fee, ACH fee, check fee, bank wire fee, monthly fee, account data fee, and every bank's favorite the credit card fees. Business accounts are even charged to use cash (no I am not kidding)!

So Bank Of America (and every other major bank) cripples all these instant transfer services to make sure businesses can't bypass their fee empires. If a customer wants to pay a business the banks want them to use a CC so the bank can get 3% or maybe a bank wire so the bank can collect $10 to $30. IIRC last month we paid almost $2,000 in banking fees and we still can't use instant account transfers.

Have you checked ING? Bitfloor is currently accepting deposits through their customer to customer transfers.

2weiX

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this space intentionally left blank

Quote from: TangibleCryptography on September 23, 2012, 12:48:03 PM

Quote from: arabianights on September 23, 2012, 12:44:14 PM

Quote from: TangibleCryptography on September 14, 2012, 04:11:02 PM

Maybe I wasn't clear, it isn't available to business accounts at any cost. Bank Of America intentionally cripples that service so it can't ve used to send funds from or to business accounts. Banks have small business exactly where they want them. "Free checking" yeah not for businesses. Transaction fee, deposit fee, withdraw fee, ACH fee, check fee, bank wire fee, monthly fee, account data fee, and every bank's favorite the credit card fees. Business accounts are even charged to use cash (no I am not kidding)!

So Bank Of America (and every other major bank) cripples all these instant transfer services to make sure businesses can't bypass their fee empires. If a customer wants to pay a business the banks want them to use a CC so the bank can get 3% or maybe a bank wire so the bank can collect $10 to $30. IIRC last month we paid almost $2,000 in banking fees and we still can't use instant account transfers.

How about opening a dollar bank account here where I live on the Isle of Man? Obviously business banking still ain't free but it's a hell of a lot cheaper than that!

The only thing we have found for non-residents in Isle of Man is magnitudes more expensive (like any offshore location). We would like an Isle of Man or other SEPA capable account so we could provide similar services for EU clients but the costs are simply prohibitive. Canada might be a possibility soon.

maybe that polish bank (wbk?) that mtgox and intersango relay their SEPA over?

DeathAndTaxes

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Gerald Davis

I don't think you understand why our banking fees are so high so that is a promise you can't deliver on. Still even if it were true you don't really think we would still be in business if we setup accounts so an unknown person on the internet in another continent would be the sole signatory on an account containing tens of thousands of dollars of company property? Wink

arabianights

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As a resident I can be a silent partner and open the account for ya in return for a tenth of what you're paying per month Wink

(You would need to setup a company over here which again I can help with but after that I have no idea what is involved and it may be prohibitively expensive)

TangibleCryptography

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Tangible Cryptography LLC

Quote from: arabianights on September 23, 2012, 12:44:14 PM

Quote from: TangibleCryptography on September 14, 2012, 04:11:02 PM

Maybe I wasn't clear, it isn't available to business accounts at any cost. Bank Of America intentionally cripples that service so it can't ve used to send funds from or to business accounts. Banks have small business exactly where they want them. "Free checking" yeah not for businesses. Transaction fee, deposit fee, withdraw fee, ACH fee, check fee, bank wire fee, monthly fee, account data fee, and every bank's favorite the credit card fees. Business accounts are even charged to use cash (no I am not kidding)!

So Bank Of America (and every other major bank) cripples all these instant transfer services to make sure businesses can't bypass their fee empires. If a customer wants to pay a business the banks want them to use a CC so the bank can get 3% or maybe a bank wire so the bank can collect $10 to $30. IIRC last month we paid almost $2,000 in banking fees and we still can't use instant account transfers.

How about opening a dollar bank account here where I live on the Isle of Man? Obviously business banking still ain't free but it's a hell of a lot cheaper than that!

The only thing we have found for non-residents in Isle of Man is magnitudes more expensive (like any offshore location). We would like an Isle of Man or other SEPA capable account so we could provide similar services for EU clients but the costs are simply prohibitive. Canada might be a possibility soon.

arabianights

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Quote from: TangibleCryptography on September 14, 2012, 04:11:02 PM

Maybe I wasn't clear, it isn't available to business accounts at any cost. Bank Of America intentionally cripples that service so it can't ve used to send funds from or to business accounts. Banks have small business exactly where they want them. "Free checking" yeah not for businesses. Transaction fee, deposit fee, withdraw fee, ACH fee, check fee, bank wire fee, monthly fee, account data fee, and every bank's favorite the credit card fees. Business accounts are even charged to use cash (no I am not kidding)!

So Bank Of America (and every other major bank) cripples all these instant transfer services to make sure businesses can't bypass their fee empires. If a customer wants to pay a business the banks want them to use a CC so the bank can get 3% or maybe a bank wire so the bank can collect $10 to $30. IIRC last month we paid almost $2,000 in banking fees and we still can't use instant account transfers.

How about opening a dollar bank account here where I live on the Isle of Man? Obviously business banking still ain't free but it's a hell of a lot cheaper than that!

Severian

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Quote from: jwzguy on September 15, 2012, 09:40:29 AM

Another stellar transaction with Tangible Cryptography. Thanks!

I really wish all bitcoin merchants would take a cue from TC. Never a hitch.

jwzguy

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Another stellar transaction with Tangible Cryptography. Thanks!

sunnankar

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Quote from: TangibleCryptography on September 14, 2012, 04:11:02 PM

Banks have small business exactly where they want them. ... Business accounts are even charged to use cash (no I am not kidding)!

You may consider Chase as an alternative to BoA. Not that I like Chase much but they at least seem better than BoA. I have an account for one of my simple LLCs and doesn't seem too bad. Got dinged with a fee because they changed how it functions and were not very clear in the documentation. But overall not all that bad.

Quote

We charged a monthly service fee to your Chase BusinessSelect Checking account because it did not meet at least one of these criteria during the statement period:

Maintain an average daily balance of at least      $7,500.00
Your average daily balance was      $X,XXX.XX

Make Chase Business credit card purchases of at least      $1,000.00
You spent      $XXX.XX

Pay qualifying checking-related services or fees of at least      $50.00
You paid      $0.00

Keep an average qualifying deposit and investment balance of      $25,000.00
Your average qualifying balance was      $X,XXX.XX

Topic: Bitcoins Direct Support Thread - page 12. (Read 77886 times)