You can now fund your
IBTCWT account via bank wire transfers, from any country, in the following currencies.
USD (all in the US), CAD, Euro and GBP.
Yes, GBP stays as GBP, it does not get converted to Euro > USD and vice versa when you withdraw.
To make this possible we have teamed with
OKPAY.
Our News Release (pdf format) on the subject can be found here -
News ReleaseA png format of the News Release can be found here -
PNG of latest News ReleaseOKPAY service fees can be found here -
OKPAY service feesThere is verification criteria, which you would have to submit to OKPAY if you wish to conduct a bank wire transfer. There is no I
BTCWT verification criteria if you wish to fund your crypto-currency (I
BTCWT) account via OKPAY - the email for such deposits (as per instructions) is
deposit@ibwt.co.uk.
Process1. Register an I
BTCWT account (only an email needed).
2. Register an OKPAY account (only an email needed).
3. Bank wire transfer/deposit to OKPAY (standard verification needed, ID, address, etc)
4. Make a deposit request whilst logged into your I
BTCWT account.
5. Transfer money to I
BTCWT whilst logged into your OKPAY account (
deposit@ibwt.co.uk)
6. Once your deposit is confirmed, the I
BTCWT team will verify your deposit request and you will receive the funds in your I
BTCWT account.
We will be opening up further denominations upon request and research, if you feel strongly that you wish a particular denomination to trade in, then please feel free to email us at
support@ibwt.co.ukWhat do we provide that other services do not?1. You are
not transferring fiat directly to an Exchange, thus there is no risk of transactions being frozen, nor accounts being closed.
2. Full support of the OKPAY team means fast verification, and two levels of support from OKPAY and I
BTCWT.
3. OKPAY is a fully licensed money service business that are very pro Crypto-currency.
4. OKPAY and IBWT both support Litecoin.
Note: There is a £4 fee for GBP deposits, depending on how much you are paying for your exchange rate (and trading) this may or may not be beneficial to you. And there are minimum limits for withdrawing (wire transfers) from OKPAY, please check their service fees as linked above (the philosophy is to encourage people to stay within the crypto world).