Intersango seem to be unable to accept GBP payments at the moment
Intersango posted more information:
- https://bitcointalksearch.org/topic/intersango-uk-banking-issues-58731
Topic: Intersango- new bank account, iceberg, GTC/FOK/IOC orders and site updates (Read 6374 times)
January 14, 2012, 05:23:24 PM
Intersango posted more information:
- https://bitcointalksearch.org/topic/intersango-uk-banking-issues-58731
January 14, 2012, 02:47:09 AM
Hate to be proved correct, but looks like I was only a week out on my estimate....
Intersango seem to be unable to accept GBP payments at the moment.
I think you should assume that your Lloyds account will not last long. 1-2 months I would guess. The Branch Manager may like you as helps them hit their target for new small business accounts, but as soon as the info gets up to the Risk Management / Compliance / Money Laundering / Head Office you will be out.
You should open a few other accounts as contingencies. Maybe try http://www.bocukltd.co.uk/ or some other odd banks as none are going to be your friend.
Or maybe try some offshore accounts.
Not wanting to be a troll, and have used you to buy £150 of btc's (just in time!), but the reputational risk for the bank is significant (hit-man paid in bitcoins extracts cash through Lloyds account etc...) and the income you will generate for them will be small (relative to billion+ profits).
Good Luck - I think this is the one area that is going to be very hard for bitcoin.
I think we should all move to a new approach, a new software/site, based on something like Dark-Exchange integrated with Bitcoin-OTC integrated with Bitcoin Client integrated with some social network, maybe Diaspora.
So, everybody will be able to buy/sell Bitcoins and use their own bank accounts. Ending the problem of exchangers being unable to work with banks after some time.
How long will take for U.S. gov try to take down the Bitcoin traders (a.k.a. MtGox/TradeHill/CryptoXchange)?
We need a easy way to bring regular people to the trading environment. People as mini-mtgoxes around the world...
Cheers,
Thiago
January 11, 2012, 05:00:30 PM
Hate to be proved correct, but looks like I was only a week out on my estimate....
Intersango seem to be unable to accept GBP payments at the moment.
I think you should assume that your Lloyds account will not last long. 1-2 months I would guess. The Branch Manager may like you as helps them hit their target for new small business accounts, but as soon as the info gets up to the Risk Management / Compliance / Money Laundering / Head Office you will be out.
You should open a few other accounts as contingencies. Maybe try http://www.bocukltd.co.uk/ or some other odd banks as none are going to be your friend.
Or maybe try some offshore accounts.
Not wanting to be a troll, and have used you to buy £150 of btc's (just in time!), but the reputational risk for the bank is significant (hit-man paid in bitcoins extracts cash through Lloyds account etc...) and the income you will generate for them will be small (relative to billion+ profits).
Good Luck - I think this is the one area that is going to be very hard for bitcoin.
December 05, 2011, 09:48:20 PM
True dat. Let's convert all my money into bitcoins, and never use banks again.
Crap, my bank won't let me convert all my money into bitcoins.
Crap, my bank won't let me convert all my money into bitcoins.
December 05, 2011, 09:44:44 PM
Interesting. At least the service people where friendly to me and everything was resolved by phone quickly in my case.
If they tell me the same thing, that the address is somehow fraudulent and can't receive money (as if it's the receivers fault), I'm going to be really pissed and it also might give us some hint as to wether or not they specifically block bitcoin. That would be a biggie if we could proove that.
For me the service people were tedious. They weren't able to tell me anything about the Fraud management stuff, after being forwarded 3 times. I sent a snail mail letter of complaint asking for my customer service call costs back, and also mentioned that I would appreciate it if they could tell me more about why it was blocked. I'm still waiting for a reply.If they tell me the same thing, that the address is somehow fraudulent and can't receive money (as if it's the receivers fault), I'm going to be really pissed and it also might give us some hint as to wether or not they specifically block bitcoin. That would be a biggie if we could proove that.
Banks suck.
December 05, 2011, 05:07:31 PM
Interesting. At least the service people where friendly to me and everything was resolved by phone quickly in my case.
If they tell me the same thing, that the address is somehow fraudulent and can't receive money (as if it's the receivers fault), I'm going to be really pissed and it also might give us some hint as to wether or not they specifically block bitcoin. That would be a biggie if we could proove that.
For me the service people were tedious. They weren't able to tell me anything about the Fraud management stuff, after being forwarded 3 times. I sent a snail mail letter of complaint asking for my customer service call costs back, and also mentioned that I would appreciate it if they could tell me more about why it was blocked. I'm still waiting for a reply. If they tell me the same thing, that the address is somehow fraudulent and can't receive money (as if it's the receivers fault), I'm going to be really pissed and it also might give us some hint as to wether or not they specifically block bitcoin. That would be a biggie if we could proove that.
December 05, 2011, 04:15:53 PM
That adds up nicely to some weird behavior I detected when I recently made a transfer to the same account (I'm in the sepa zone). Usually transactions immediately show up in the transaction history, but this time it did not. After reading this I think the transaction was flaged for manual review (didn't know something like this exists within online banking, feels like paypal) for some reason. I was sending from Germany using an account at DKB. I'll keep you guys updated.
December 05, 2011, 03:49:57 PM
my bank just called me, asking wether the sepa to intersango was ok? because, "well, uhm, that account has - let's say - caught our eye before".
just thought I'd let you know this fun fact. The bank is ING-DIBA.
EDIT: it get's even better:
I was just going to verify I had entered the SEPA details correctly, only to discover my online login had been disabled.
I called ING-DIBA and they told me the login had been disabled due to suspicion of pishing and that I probably had malware on my computer.
I inquired how exactly this flag was triggered and asked if they had a IP of the supposed pisher. They couldn't give me that info and said the lockdown had been activated manually.
I reported on the call I got earlier about the intersango SEPA and asked wether that might've triggered the lockdown. Answer: probably.
So probably something in the past happened with a SEPA from ING-DIBA to intersangos account at BANK ZACHODNI WBK SA. Maybe someone tried a chargeback and claimed pishing...?
interesting.
My bank is the Dutch version of ING (The same company, even the logo).just thought I'd let you know this fun fact. The bank is ING-DIBA.
EDIT: it get's even better:
I was just going to verify I had entered the SEPA details correctly, only to discover my online login had been disabled.
I called ING-DIBA and they told me the login had been disabled due to suspicion of pishing and that I probably had malware on my computer.
I inquired how exactly this flag was triggered and asked if they had a IP of the supposed pisher. They couldn't give me that info and said the lockdown had been activated manually.
I reported on the call I got earlier about the intersango SEPA and asked wether that might've triggered the lockdown. Answer: probably.
So probably something in the past happened with a SEPA from ING-DIBA to intersangos account at BANK ZACHODNI WBK SA. Maybe someone tried a chargeback and claimed pishing...?
interesting.
I tried to send money to MtGox' UK address, and first my TAN function was blocked due to "a rootkit" (Didn't find anything after exhaustive search, and the internet tells me they "detect" this when a TAN code is used twice or something).
After getting that working again (call them etc etc, wait 5 days, go to local office to pick up code, go back home to fill in code in computer -.-), I tried sending to MtGox again, but after 5 days got the money back because the Fraudmanagement department said that address could not receive money. Calling customer service revealed no further information.
I'm beginning to suspect that either the ING is anal in its fraud detection schemes, or they are actively trying to stop Bitcoin transfers.
Interesting. At least the service people where friendly to me and everything was resolved by phone quickly in my case.
If they tell me the same thing, that the address is somehow fraudulent and can't receive money (as if it's the receivers fault), I'm going to be really pissed and it also might give us some hint as to wether or not they specifically block bitcoin. That would be a biggie if we could proove that.
December 05, 2011, 09:09:04 AM
my bank just called me, asking wether the sepa to intersango was ok? because, "well, uhm, that account has - let's say - caught our eye before".
just thought I'd let you know this fun fact. The bank is ING-DIBA.
EDIT: it get's even better:
I was just going to verify I had entered the SEPA details correctly, only to discover my online login had been disabled.
I called ING-DIBA and they told me the login had been disabled due to suspicion of pishing and that I probably had malware on my computer.
I inquired how exactly this flag was triggered and asked if they had a IP of the supposed pisher. They couldn't give me that info and said the lockdown had been activated manually.
I reported on the call I got earlier about the intersango SEPA and asked wether that might've triggered the lockdown. Answer: probably.
So probably something in the past happened with a SEPA from ING-DIBA to intersangos account at BANK ZACHODNI WBK SA. Maybe someone tried a chargeback and claimed pishing...?
interesting.
My bank is the Dutch version of ING (The same company, even the logo).just thought I'd let you know this fun fact. The bank is ING-DIBA.
EDIT: it get's even better:
I was just going to verify I had entered the SEPA details correctly, only to discover my online login had been disabled.
I called ING-DIBA and they told me the login had been disabled due to suspicion of pishing and that I probably had malware on my computer.
I inquired how exactly this flag was triggered and asked if they had a IP of the supposed pisher. They couldn't give me that info and said the lockdown had been activated manually.
I reported on the call I got earlier about the intersango SEPA and asked wether that might've triggered the lockdown. Answer: probably.
So probably something in the past happened with a SEPA from ING-DIBA to intersangos account at BANK ZACHODNI WBK SA. Maybe someone tried a chargeback and claimed pishing...?
interesting.
I tried to send money to MtGox' UK address, and first my TAN function was blocked due to "a rootkit" (Didn't find anything after exhaustive search, and the internet tells me they "detect" this when a TAN code is used twice or something).
After getting that working again (call them etc etc, wait 5 days, go to local office to pick up code, go back home to fill in code in computer -.-), I tried sending to MtGox again, but after 5 days got the money back because the Fraudmanagement department said that address could not receive money. Calling customer service revealed no further information.
I'm beginning to suspect that either the ING is anal in its fraud detection schemes, or they are actively trying to stop Bitcoin transfers.
December 05, 2011, 07:56:58 AM
my bank just called me, asking wether the sepa to intersango was ok? because, "well, uhm, that account has - let's say - caught our eye before".
just thought I'd let you know this fun fact. The bank is ING-DIBA.
EDIT: it get's even better:
I was just going to verify I had entered the SEPA details correctly, only to discover my online login had been disabled.
I called ING-DIBA and they told me the login had been disabled due to suspicion of pishing and that I probably had malware on my computer.
I inquired how exactly this flag was triggered and asked if they had a IP of the supposed pisher. They couldn't give me that info and said the lockdown had been activated manually.
I reported on the call I got earlier about the intersango SEPA and asked wether that might've triggered the lockdown. Answer: probably.
So probably something in the past happened with a SEPA from ING-DIBA to intersangos account at BANK ZACHODNI WBK SA. Maybe someone tried a chargeback and claimed pishing...?
interesting.
just thought I'd let you know this fun fact. The bank is ING-DIBA.
EDIT: it get's even better:
I was just going to verify I had entered the SEPA details correctly, only to discover my online login had been disabled.
I called ING-DIBA and they told me the login had been disabled due to suspicion of pishing and that I probably had malware on my computer.
I inquired how exactly this flag was triggered and asked if they had a IP of the supposed pisher. They couldn't give me that info and said the lockdown had been activated manually.
I reported on the call I got earlier about the intersango SEPA and asked wether that might've triggered the lockdown. Answer: probably.
So probably something in the past happened with a SEPA from ING-DIBA to intersangos account at BANK ZACHODNI WBK SA. Maybe someone tried a chargeback and claimed pishing...?
interesting.
November 16, 2011, 09:41:36 PM
just realised your getting me mixed up with another time when you sent 512 coins to someone.
November 11, 2011, 01:01:19 PM
I already found a vulnerability within their site that could of allowed me to steal the entire balance of BTC... I reported it.
Us accidentally sending you bitcoins when we first newly setup the site, does not consitute a 'hacking' but is a human error, and then theft when you refused to pay the money back.
It was a change-over error which was controllable. The compensated loss was controllable due to the measures in place such as offline wallet for the actual site balance.
LOL @ the 'vulnerability' then. Had me thinking he was the next uber hacker. ;p
thanks for the update.
No it wasnt a hack, and you didnt accidently send me coins. You couldnt even work out how i was able to do it untill i showed you via teamviewer. I didnt expect you to be stupid enough to not correct my account after the demonstation, but after you fixed it, said nothing, no thanks or anything. So I kept them, that is not theft.
Ahh, but of course, there are 2 sides to that coin. Thank you for the update.
Cheers
November 10, 2011, 02:24:02 PM
I already found a vulnerability within their site that could of allowed me to steal the entire balance of BTC... I reported it.
Us accidentally sending you bitcoins when we first newly setup the site, does not consitute a 'hacking' but is a human error, and then theft when you refused to pay the money back.
It was a change-over error which was controllable. The compensated loss was controllable due to the measures in place such as offline wallet for the actual site balance.
LOL @ the 'vulnerability' then. Had me thinking he was the next uber hacker. ;p
thanks for the update.
No it wasnt a hack, and you didnt accidently send me coins. You couldnt even work out how i was able to do it untill i showed you via teamviewer. I didnt expect you to be stupid enough to not correct my account after the demonstation, but after you fixed it, said nothing, no thanks or anything. So I kept them, that is not theft.
November 09, 2011, 01:49:00 PM
I just wanted to drop in to say that following a short, apparently HSBC induced black-out, intersango got me all my money back a few days ago, as I always expected they would. And I am now some number of bitcoin to the good :-)
Thanks guys :-)
Thanks guys :-)
November 04, 2011, 05:45:05 PM
um, about those billion+ profits...
£3.3bn loss for the six months to 30 June 2011
£3.3bn loss for the six months to 30 June 2011
Ok you got me there!
Should have been:
and the income you will generate for them will be small (and make no dent in their billion+ losses).
But my general statement still stands, and the fact that they are Government owned possibly even re-enforces it. Once the top management find out what you are doing your account will be closed. Maybe they will give you the 2 months notice in the T&C, but I am sure they will find some small print about money laundering they will use to close it like HSBC did (not that I am saying you are a money launderer).
November 04, 2011, 05:18:47 PM
Update 04 November 2011:
We now have gained access to our HSBC records from last week. Missing deposits will be credited this weekend. A change in the format of the records means there is a slight delay in us important the statements. Accounts should be credited on Sunday. Withdrawals are still delayed, but the backlog should start and finish next week. Apologies for any delay.
Yeah, Lloyds is partly owned by the public sector. The nice thing about that is that as a consequence they have a sane Terms & Conditions that doesn't entitle them to do whatever they want. Also Lloyds is a very play-it-safe bank and doesn't unnecessarily over-expose themselves to high risk assets like some other crazy banks.
The downside is the inefficiency that comes from being partially of the public sector.
We now have gained access to our HSBC records from last week. Missing deposits will be credited this weekend. A change in the format of the records means there is a slight delay in us important the statements. Accounts should be credited on Sunday. Withdrawals are still delayed, but the backlog should start and finish next week. Apologies for any delay.
"It may be many years before taxpayers' £20bn investment in Lloyds can be privatised - unless the chancellor is prepared to take a loss on the sale”
Yeah, Lloyds is partly owned by the public sector. The nice thing about that is that as a consequence they have a sane Terms & Conditions that doesn't entitle them to do whatever they want. Also Lloyds is a very play-it-safe bank and doesn't unnecessarily over-expose themselves to high risk assets like some other crazy banks.
The downside is the inefficiency that comes from being partially of the public sector.
November 03, 2011, 06:08:07 PM
and the income you will generate for them will be small (relative to billion+ profits).
Good Luck - I think this is the one area that is going to be very hard for bitcoin.
um, about those billion+ profits...
£3.3bn loss for the six months to 30 June 2011
http://www.bbc.co.uk/news/business-14399176
"It may be many years before taxpayers' £20bn investment in Lloyds can be privatised - unless the chancellor is prepared to take a loss on the sale”
November 03, 2011, 05:52:24 PM
Bitcoin, the straw that broke the camel's back?
Lloyds boss goes sick with 'stress': Shock departure eight months into job, 3rd Nov 2011
http://www.dailymail.co.uk/news/article-2056474/Lloyds-CEO-Antonio-Horta-Osorio-takes-medical-leave.html
Lloyds boss goes sick with 'stress': Shock departure eight months into job, 3rd Nov 2011
http://www.dailymail.co.uk/news/article-2056474/Lloyds-CEO-Antonio-Horta-Osorio-takes-medical-leave.html
November 03, 2011, 05:09:50 PM
I think you should assume that your Lloyds account will not last long. 1-2 months I would guess. The Branch Manager may like you as helps them hit their target for new small business accounts, but as soon as the info gets up to the Risk Management / Compliance / Money Laundering / Head Office you will be out.
You should open a few other accounts as contingencies. Maybe try http://www.bocukltd.co.uk/ or some other odd banks as none are going to be your friend.
Or maybe try some offshore accounts.
Not wanting to be a troll, and have used you to buy £150 of btc's (just in time!), but the reputational risk for the bank is significant (hit-man paid in bitcoins extracts cash through Lloyds account etc...) and the income you will generate for them will be small (relative to billion+ profits).
Good Luck - I think this is the one area that is going to be very hard for bitcoin.
November 03, 2011, 04:34:35 PM
I'll take that bet too. On Intersango's/Britcoin's side. I've never experienced any problems with their site or services since I first used it way back.
As always, good work genjix. Looking forward to the conference to say hello.
yogi, garyrowe - you don't get the idea - I'm looking for people who bet AGAINST Intersango As always, good work genjix. Looking forward to the conference to say hello.
On a more earnest note: nice to see that there are quite some people who agree with me that intersango is completely trustworthy!
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