Fidor Bank offers free bank accounts to German citizens and UK citizens that they can open directly online.
https://www.fidor.de/
https://www.fidorbank.uk/
Added.https://www.fidor.de/
https://www.fidorbank.uk/
Do you know if deposit/withdrawal to/form Kraken are instant with these bank accounts?
According to this reddit post deposits/withdrawals are instant because the Kraken has a Fidor bank account.
https://www.reddit.com/r/ethtrader/comments/4tyr95/instant_depositwithdrawal_on_kraken/
Quote
For those of you who did not know.. It is possible to deposit and withdraw € instantly and around the clock 7 days a week from/to your debitcard/ EC Card if you have a bank account at Fidor Bank. Fidor Bank is a bank 2.0 from Germany and has partnered with Bitcoin.de and Kraken.
I am Tier 3 customer on Kraken and the first Fiat Deposit took 3 days. Since the bank account was verified my Fiat transfers are realtime. I deposited Fiat at 01:00 in the morning on Sunday and immediately purchased Ether. When i sell Ether i have Fiat on my Mastercard/ EC Card combo immediately.
I did not see this info on Kraken or in reddit so maybe it is helpful to some of you, especially those from Germany who can not use Coinbase
I am Tier 3 customer on Kraken and the first Fiat Deposit took 3 days. Since the bank account was verified my Fiat transfers are realtime. I deposited Fiat at 01:00 in the morning on Sunday and immediately purchased Ether. When i sell Ether i have Fiat on my Mastercard/ EC Card combo immediately.
I did not see this info on Kraken or in reddit so maybe it is helpful to some of you, especially those from Germany who can not use Coinbase
I asked for confirmation that Fidor to/from Kraken deposit/withdrawal is instant in the Kraken thread. Its spokesman gave the reply below. The first deposit/withdrawal can take a long time, but after that deposits/withdrawals usually take about 5 mins.
If you have a Fidor bank account can you make instant deposits and withdrawals to the Kraken through it? The Kraken has a Fidor bank account, and a reddit post claims deposits/withdrawals between Kraken and Fidor are instant. Can anyone confirm it please?
https://www.reddit.com/r/ethtrader/comments/4tyr95/instant_depositwithdrawal_on_kraken/
https://www.reddit.com/r/ethtrader/comments/4tyr95/instant_depositwithdrawal_on_kraken/
yes, you can do Fidor-Fidor transactions to transfer funds between your Fidor account and your Kraken account. It's not quite instant, but usually only takes about 5 mins or so. Also, the first time you do a transfer this way it will take much longer because there are some things we have to check manually in order to whitelist your account for these kind of transfers.
... So in case the company goes bankrupt the funds are still protected by the banks, and will be released to the customers. And in case the bank fail, you know, the gov cover the lost...
