Topic: List of banks working welll with exchanges to make withdrawal - page 2. (Read 429 times)
According to the last information we have polish ING bank allows crypto related transactions for individuals.
Also I tried with Ferratum bank with success in Bitstamp, but the last month they declined all transfers.
A few day ago Ferratum bank sent a mail saying they will close their bank.
A few day ago Ferratum bank sent a mail saying they will close their bank.
I think that OP can put Revolut also under Bitstamp. At least I didn't have any issues for more than a year. Rather small amounts though...
Edit: OP looks already inactive; I hope I'm wrong...
Sorry I lost my computer and now I´m recovering. Edit: OP looks already inactive; I hope I'm wrong...
I´m going to add Revolut.
I´m using at this moment only Bitstamp, if someone have more information about Kraken I can upload.
Thanks I´m going to stay more active.
You're right, there is an unconsistency in their docs. Anyway I found some confirmation around the web (maybe like OP did): using TW to withdraw from exchanges seems to work despite what TW itself claims.
Can you share the link?
A good starting point: https://www.offshorecorptalk.com/threads/cashing-out-bitcoin-through-swissquote.28182/post-121144I find it odd how Kraken list them as not supported but then people withdraw through it.
I agree. 
There are two main ways to withdraw crypto using exchanges directly to your bank account, irrespective of where you are in the world. These are SEPA where you get paid in euros and for USD using SWIFT. This article seems to explain a little bit more about withdrawal options, should one be interested in reading https://www.bitdegree.org/tutorials/how-to-cash-out-bitcoin/
You're right, there is an unconsistency in their docs. Anyway I found some confirmation around the web (maybe like OP did): using TW to withdraw from exchanges seems to work despite what TW itself claims.
Can you share the link?
I find it odd how Kraken list them as not supported but then people withdraw through it. I don't use Kraken but that sounds as if there's no checking of the withdrawal address/platform before it's processed.
On that link, Kraken said that deposit is OK but withdrawal isn't (this thread is about withdrawal). So it doesn't really explain why it's listed.
You're right, there is an unconsistency in their docs. Anyway I found some confirmation around the web (maybe like OP did): using TW to withdraw from exchanges seems to work despite what TW itself claims.Have you tried it on your own and it works?
Not yet, I have no reason to risk my TW account because there are better working alternatives for me.I like crypto.com having exchange and personal IBAN all-in-one. I don't like/use their eco-system, just doing my Crypto > FIAT jobs there and than SEPA transfer anywhere with peace in mind.
I think that OP can put Revolut also under Bitstamp. At least I didn't have any issues for more than a year. Rather small amounts though...
Edit: OP looks already inactive; I hope I'm wrong...
Edit: OP looks already inactive; I hope I'm wrong...
A list like this could be useful, but only if it's user-validated...
(check TransferWise part)
On that link, Kraken said that deposit is OK but withdrawal isn't (this thread is about withdrawal). So it doesn't really explain why it's listed. Have you tried it on your own and it works?
They don't list it here either: https://support.kraken.com/hc/en-us/articles/360000423043-Fiat-currency-withdrawal-options-fees-minimums-and-processing-times-.
Another link: https://support.kraken.com/hc/en-us/articles/360030946691-Banks-that-don-t-work-with-cryptocurrency-exchanges.
Transferwise doesn't accept transactions related to cryptocurrencies activities so I don't understand how you can list it as working with Kraken.
That's why: https://support.kraken.com/hc/en-us/articles/360000382423-Deposits-or-withdrawals-via-third-party-payments-processors-TPPPs (check TransferWise part) 
Paysera doesn't allow transactions related to cryptocurrencies either, whether it's from an individual or an exchange. A lot of users got their accounts closed because of trading bitcoin.
From their TOS:
Exchanges have no way to know which banking platform you're using, so technically, if you're using a valid bank account, your transaction should "go through" no matter which exchange/bank combination you're using but then, of course, if you're breaking their terms of service (as mentioned above), you might end up having your account closed.
From their TOS:
Quote
Prohibited Activities
9.1.11. accepting payments in unregulated and/or unsupervised virtual currency, buying, converting, or managing it in any other ways (the prohibition includes execution or receipt of transfers from virtual currency exchangers);
9.1.11. accepting payments in unregulated and/or unsupervised virtual currency, buying, converting, or managing it in any other ways (the prohibition includes execution or receipt of transfers from virtual currency exchangers);
Exchanges have no way to know which banking platform you're using, so technically, if you're using a valid bank account, your transaction should "go through" no matter which exchange/bank combination you're using but then, of course, if you're breaking their terms of service (as mentioned above), you might end up having your account closed.
Transferwise doesn't accept transactions related to cryptocurrencies activities so I don't understand how you can list it as working with Kraken.
Then in your not working list, you list Kraken not working with Payoneer. None work with Payoneer, it's not only with Kraken, but Payoneer also doesn't accept cryptos activities.
If a bank works with an exchange it's supposed to work with any decent exchange platform
Then in your not working list, you list Kraken not working with Payoneer. None work with Payoneer, it's not only with Kraken, but Payoneer also doesn't accept cryptos activities.
If a bank works with an exchange it's supposed to work with any decent exchange platform
I've been searching for a while and the truth is a complicated task:
Find banks that work well with exchanges to make withdrawals.
For this reason, I would like us to share our experience to avoid problems when making withdrawals from the exchange with the banks.
Working well:
Bitstamp:
n26
Transferwise
Revolut
Pocopay
Bitwala
Kraken
n26
Transferwise
Not working:
Bitstamp
Bunq
Ferratum bank
Kraken
WeSwap
Ferratum bank
Revolut
Monese
Paysera
Bunq
Dipocket
Payooner
Pocopay
Please feel free to share your info to make a great topic.
Thanks!
Find banks that work well with exchanges to make withdrawals.
For this reason, I would like us to share our experience to avoid problems when making withdrawals from the exchange with the banks.
Working well:
Bitstamp:
n26
Transferwise
Revolut
Pocopay
Bitwala
Kraken
n26
Transferwise
Not working:
Bitstamp
Bunq
Ferratum bank
Kraken
WeSwap
Ferratum bank
Revolut
Monese
Paysera
Bunq
Dipocket
Payooner
Pocopay
Please feel free to share your info to make a great topic.
Thanks!
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