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Topic: Bitcoins Direct Support Thread - page 14. (Read 77876 times)

member
Activity: 78
Merit: 10
September 10, 2012, 03:08:14 PM
#89
I want to buy lr with bank deposit.
donator
Activity: 1218
Merit: 1079
Gerald Davis
September 10, 2012, 03:04:05 PM
#88
Email sent I also forgot to ask how long does LR funding take?

Usually completed within a few hours (can be a few minutes if a partner is online at the time your deposit is made).  However at this time we aren't accepting LR.  The closure of Bitfloor has negatively affected our liquidity and until we get our primary accounts "in shape" we won't be accepting deposits from LR.  I will ensure the first post gets updated to reflect this.
member
Activity: 78
Merit: 10
September 10, 2012, 03:00:05 PM
#87
Email sent I also forgot to ask how long does LR funding take?
donator
Activity: 1218
Merit: 1079
Gerald Davis
September 10, 2012, 01:50:06 PM
#86
Thank you for the kind words.
If only every Bitcoin business was run this well.

People could take a lesson from TangibleC about how to conduct a business with bitcoin.

This is the obligatory shoutout for another flawless order.

Thank you for the kind words.  We certainly always try to meet the needs of our clients.
Earning trust, one deposit at a time.

yea now that bitfloor gone and they took chase bank im really hoping TC will take PNC soon

We have open and funded a PNC business deposit account but they messed up some of the options which need to be fixed before we can securely accept deposits from the public.  
I have a meeting this afternoon.  We should be accepting PNC deposits "soon". My best guess would be within 1 or 2 days by the end of the week, but when dealing with banks ... well they are banks. Smiley

On edit:  Another complication (screw up) by PNC.  Looks like accepting PNC deposits will be pushed back at least 3 business days.  I still hope it will be available by the end of the week.
sr. member
Activity: 476
Merit: 250
September 10, 2012, 01:47:07 PM
#85
If only every Bitcoin business was run this well.

People could take a lesson from TangibleC about how to conduct a business with bitcoin.

This is the obligatory shoutout for another flawless order.
member
Activity: 66
Merit: 10
September 08, 2012, 02:48:25 PM
#84
yea now that bitfloor gone and they took chase bank im really hoping TC will take PNC soon
hero member
Activity: 868
Merit: 1002
September 07, 2012, 02:34:06 PM
#83
Fast courteous replies, fast service, excellent to deal with. If only every Bitcoin business was run this well. Looking forward to many more great experiences!
donator
Activity: 1218
Merit: 1079
Gerald Davis
September 07, 2012, 10:08:03 AM
#82
With Okpay people can directly send you contact-sys money transfers avoiding Western Union fees to load your Okpay account, or 3rd party bank wires. They have no problems with 3rd party wire transfers.

Can also enable the merchant functions and accept all these methods if you wanted
https://www.okpay.com/en/services/fees-e-currency.html

We already accept OKPay you can fund your OKPay account however you like and transfer funds to us.  I am not sure what you are asking.
hero member
Activity: 899
Merit: 1002
September 07, 2012, 12:18:14 AM
#81
With Okpay people can directly send you contact-sys money transfers avoiding Western Union fees to load your Okpay account, or 3rd party bank wires. They have no problems with 3rd party wire transfers.

Can also enable the merchant functions and accept all these methods if you wanted
https://www.okpay.com/en/services/fees-e-currency.html
sr. member
Activity: 476
Merit: 250
September 05, 2012, 02:17:43 PM
#80
Bitcoins Direct - Private off exchange sales @ 1% below MtGox with no fees.

Buy bitcoins directly from a trusted supplier and skip the delays, fees, and excuses of the major exchanges. From our other ventures we are have a surplus of Bitcoins and we are making them available for private private off exchange sales.

The easiest, quickest bitcoin purchase I ever made with professional courtesy to boot. Thanks, TC!
sr. member
Activity: 476
Merit: 250
Tangible Cryptography LLC
August 31, 2012, 06:55:22 PM
#79
Update:

Due to the long weekend we are not accepting deposits or pre-funding price locks until Tuesday.  This does not affect any deals currently in progress. 

Thank You,

Staff
Tangible Cryptography
donator
Activity: 1218
Merit: 1079
Gerald Davis
August 29, 2012, 07:07:23 PM
#78

Nothing like that.  Mail does get lost and customers do misspell their own name.  Small % but you send enough checks you are going to have to stop some of them.

Out of curiosity, can you share what the rate for that is?

Sure it varies by bank but we do most cash out of BofA.  
Their fees are $0.30 per $100 (or fraction of a $100) and $0.30 per tx.  So $0.90 on a $10.01 deposit.  That is one reason we raised our min deposit to $500.00

It is even more expensive for a biz which needs armored car service which tends to run 3x that plus a monthly fee depending on frequency.  When people say "well cash is free" obviously they haven't been part of any business with does a significant volume in cash.  A company like Walmart probably pays 8 figures a year to handle that "free" cash (why do you think they offer cashback for free Smiley ) and that doesn't even include the cost of security, robbery losses, and counterfeiting (yeah we pay a monthly fee to have deposits checked in realtime).

If our tx volume keeps increasing we likely will change the account type to an enterprise depository account which has lower fees per unit fees but higher requirements and monthly fees.
member
Activity: 66
Merit: 10
August 29, 2012, 06:45:35 PM
#77
oh ok. Let us know as soon as PNC becomes available. Its right across the street from chase so either one works for me.
legendary
Activity: 2506
Merit: 1010
August 29, 2012, 06:44:41 PM
#76
stop check fees

O.o

cash handling fees.  Yes even cash has a fee.  

Out of curiosity, can you share what the rate for that is?
sr. member
Activity: 476
Merit: 250
Tangible Cryptography LLC
August 29, 2012, 06:14:03 PM
#75
How does bitfloor accept chase deposits to fund their accounts then? Your buddy deathandtaxes said PNC would be a deposit option soon. So you guys will probably never offer anything but bank of america and wells fargo for forseeable future for deposits to get btc?

I think there is a little confusion here.  TehZomB was talking about "online instant account 2 account transfers".  My response above was regarding instant transfers.

Completely seperate from that we accept cash deposits @ Wells Fargo & Bank Of America.  We will adding a deposit account at PNC soon (they are just being "annoying" about our articles of organization).  We would add Chase but Chase doesn't have a charter in VA and they don't accept out of state businesses.  Adding Chase isn't impossible but it is complicated.  It would require us to register to gain a postal address in a state where Chase operates, register Tangible Cryptography LLC as a foreign corporation with that state and have at least one of the partners travel to the state to open the account.  Or hopefully Chase opens a branch in VA. Smiley
member
Activity: 66
Merit: 10
August 29, 2012, 05:55:12 PM
#74
How does bitfloor accept chase deposits to fund their accounts then? Your buddy deathandtaxes said PNC would be a deposit option soon. So you guys will probably never offer anything but bank of america and wells fargo for forseeable future for deposits to get btc?
sr. member
Activity: 294
Merit: 250
August 29, 2012, 04:49:18 PM
#73
Understandable. As much as I appreciate my free PNC account, I knew someone, somewhere was paying for it. Looks like it's you.

Cash deposit works just as well though, it just requires a quick trip to the bank. I can live with using wires for withdrawing.
sr. member
Activity: 476
Merit: 250
Tangible Cryptography LLC
August 29, 2012, 04:44:31 PM
#72
And if you can include PNC transfer in Fastcash4bitcoins that would be even better!

That sadly will probably not happen.  Blame the banks.  Our accounts are business accounts and banks remove the "instant account to account transfer" option from business accounts.  There is no technical or fraud reason to do that but they don't want businesses to stop using other higher cost services (ACH, bank wires, credit cards).  BofA, PNC, WellsFargo, and Chase all have account to account transfers but they block them on business accounts.  You can't even account to account transfer to a business account from a personal account or the reverse.  You will get an error I tried from my personal BofA checking account.

Now Wells Fargo, Chase, and BofA have combined their networks to allow account to account transfers between all 3 banks and you guessed it ... Business accounts are excluded.  Last month we paid $1,238.30 in banking fees.   Monthly fees, transaction fees, ACH fees, bank wire fees, check fees, stop check fees, data fees, and wait for it ... cash handling fees.  Yes even cash has a fee.  

Business accounts subsidize "free checking" offered on personal accounts.  Banks aren't going to give all those fees up.

It is a shame but it likely is never going to happen.
sr. member
Activity: 294
Merit: 250
August 29, 2012, 04:39:49 PM
#71
I'm very interested in using your service. I hear PNV bank deposits are in the works. Please notify immediately when PNC bank becomes an option and you will be my go to guy.

This times 1,000. And if you can include PNC transfer in Fastcash4bitcoins that would be even better!
member
Activity: 66
Merit: 10
August 29, 2012, 03:21:46 PM
#70
I'm very interested in using your service. I hear PNV bank deposits are in the works. Please notify immediately when PNC bank becomes an option and you will be my go to guy.
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