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Topic: New to bitcoin* How long does it take to transfer from mtgox to euro bank? (Read 7859 times)

member
Activity: 84
Merit: 10
Very likely was currency conversion loss.

My bank has around 5 cent spread on EUR/USD, which is quite a bit and should be in the dimension of the loss you experienced. This is normal.

Wire time is as posted, 2-3 day stops usually, you do need to put all your address details apparently.

MTGox  /  Magicaltux, given that we've had 2 threads pop up within 10 days, maybe just add this to the FAQ?
newbie
Activity: 13
Merit: 0
May I ask what bank you have? Swedbank?

Yes, I do use Swedbank.
vip
Activity: 608
Merit: 501
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Who is the 2% fee for for Euro transfer ? MtGox or the Bank ?

The 2% fee is mostly for the bank. A small part is reserved for the guy in France who keeps filling customs declarations everyday.
newbie
Activity: 42
Merit: 0
Who is the 2% fee for for Euro transfer ? MtGox or the Bank ?
sr. member
Activity: 440
Merit: 250
#SWGT CERTIK Audited
The fee could have been for converting it from euro to krona (the Swedish currency)
I'm not quite sure

May I ask what bank you have? Swedbank?
hero member
Activity: 868
Merit: 1000
The banks usually give you a non optimum conversion price. But that's common practice. It is always slightly over the market price.
newbie
Activity: 13
Merit: 0
The fee could have been for converting it from euro to krona (the Swedish currency)
I'm not quite sure
vip
Activity: 608
Merit: 501
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Transaction is sent as a standard euro transfer (SEPA). Most euro countries will receive those for free (your bank is not allowed to charge you more to receive our transfer than the price you'd pay if you received the same transfer from the same country).
newbie
Activity: 13
Merit: 0
I had to pay about 1.5$ in fee for the transaction, but that may vary depending on which bank you use.
hero member
Activity: 531
Merit: 505
Did your receiving bank account for some additional fee for that incoming transaction?
newbie
Activity: 13
Merit: 0
I did a transfer the 5th about 16.55 pm local time (Sweden) and i had the money available the day after. Was a very happy surprise as i thought it would take at least 4-5 days.
hero member
Activity: 868
Merit: 1000
Sometimes I seem to receive payments the following day, other times it takes a bit longer.

Depositing I am not sure, because the only time I did it was on a friday, but the money was at Mt.gox the following monday.
hero member
Activity: 683
Merit: 500
full member
Activity: 170
Merit: 100
i received my payments in 2 business days
newbie
Activity: 58
Merit: 0
Hi!
Im new to this bitcoin thing. I gathered a few btc and exchanged ti for 20$. I sent it yesterday, through mtgox.com, to my euro bank account.
How long does it take? Sorry if this isnt the right place, but i didnt find a forum for mtgox.com and i now most people use that website.

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