TradeHill - Now accepting EUR deposits - EUR market is live!

ffuentes

member

Activity: 70

Merit: 10

Only a curious passer-by / FirstBits: 13zsc1

Quote from: txcoin on August 12, 2011, 02:38:12 PM

@Ente
You would have to trade your EURs to BTC and from there you can go to the USD (or any other) market.

That's what I did but with other currencies. Bad thing is that in Tradehill there are few people trading other than USD. I think sometimes that this is a company fail, lack of marketing or somewhat.

txcoin

newbie

Activity: 32

Merit: 0

@Ente
You would have to trade your EURs to BTC and from there you can go to the USD (or any other) market.

Ente

legendary

Activity: 2126

Merit: 1001

Sounds good, thank you for clarifying, Francisco.

One more question: When I transfer Euro to my account, is it possible to trade that funds in US$? Similar to what MtGox does (automatically exchanging any currency to US$). The volume in other currencies than US$ is just too low..
(Yes, I know, hen-egg problem)

Thank you again,

Ente

Jered Kenna (TradeHill)

sr. member

Activity: 420

Merit: 250

Quote from: ffuentes on August 11, 2011, 12:03:06 PM

It's still in process Sad

We have a bit of a backlog, but all the funds are accounted for, so it should be processed today.

Please send us an email to [email protected] so I can check your profile and give you more information.

-Francisco

Jered Kenna (TradeHill)

sr. member

Activity: 420

Merit: 250

We are actively working with the bank to establish clear guidelines.

For now, the limit is set to 5,000 EUR per month. Anything beyond that will require ID.

-Francisco

ffuentes

member

Activity: 70

Merit: 10

Only a curious passer-by / FirstBits: 13zsc1

It's still in process Sad

Sukrim

legendary

Activity: 2618

Merit: 1006

Quote from: Ente on August 11, 2011, 02:52:22 AM

Indeed great news!
I consider to switch to TH now.

About the AML rules:
What limit applies? I guess a certain amount per day per account (1000$ in USA?)?
Obviously this would then not apply if a sum was splitted up to several days or to several accounts?
What is the procedure when a sum over this limit is transferred at once?

afaik in Germany they have a limit of 1000€ per transaction (I doubt that you can just request 1000*1000€ transactions to get around this) currently, dunno about time frames.

For smaller withdrawals of a few dozen Euros or so it should be OK I think - 4 digits and above will most likely require ID though.

ffuentes

member

Activity: 70

Merit: 10

Only a curious passer-by / FirstBits: 13zsc1

Quote from: Seraphim401 on August 10, 2011, 12:30:55 PM

Quote from: Jered Kenna (TradeHill) on August 10, 2011, 09:50:57 AM

Dear Customers,

We are glad to announce that SEPA transfers are now once again available.

We have taken every precaution in reactivating SEPA transactions to ensure uninterrupted service. This includes setting up pre-funded backup accounts at independent banks. We have clearly discussed with each bank our business plan and all the implications of Bitcoin. They fully understand the nature of our business.

To ensure smooth operations, the banks require strict adherence to AML policies. Therefore, we will upgrade our complaince with European AML regulations. If you want to deposit or withdraw large amounts we will need to know more about you.

All of the above will ensure that our customers will receive continuous service, regardless of shifts in external factors that which we do not control.

As always, please feel free to contact us directly in case you have any questions or suggestions.

Regards,
The TradeHill Team

Thank you soooo much! Grin

Just did a small withdraw.

Me too. It will be important regarding to use it again.

Ente

legendary

Activity: 2126

Merit: 1001

Indeed great news!
I consider to switch to TH now.

About the AML rules:
What limit applies? I guess a certain amount per day per account (1000$ in USA?)?
Obviously this would then not apply if a sum was splitted up to several days or to several accounts?
What is the procedure when a sum over this limit is transferred at once?

Thank you, cant wait to finally get going!

Ente

Seraphim401

full member

Activity: 215

Merit: 100

Live Long and Prosper

Quote from: Jered Kenna (TradeHill) on August 10, 2011, 09:50:57 AM

Dear Customers,

We are glad to announce that SEPA transfers are now once again available.

We have taken every precaution in reactivating SEPA transactions to ensure uninterrupted service. This includes setting up pre-funded backup accounts at independent banks. We have clearly discussed with each bank our business plan and all the implications of Bitcoin. They fully understand the nature of our business.

To ensure smooth operations, the banks require strict adherence to AML policies. Therefore, we will upgrade our complaince with European AML regulations. If you want to deposit or withdraw large amounts we will need to know more about you.

All of the above will ensure that our customers will receive continuous service, regardless of shifts in external factors that which we do not control.

As always, please feel free to contact us directly in case you have any questions or suggestions.

Regards,
The TradeHill Team

Thank you soooo much! Grin

Just did a small withdraw.

Jered Kenna (TradeHill)

sr. member

Activity: 420

Merit: 250

Dear Customers,

We are glad to announce that SEPA transfers are now once again available.

We have taken every precaution in reactivating SEPA transactions to ensure uninterrupted service. This includes setting up pre-funded backup accounts at independent banks. We have clearly discussed with each bank our business plan and all the implications of Bitcoin. They fully understand the nature of our business.

To ensure smooth operations, the banks require strict adherence to AML policies. Therefore, we will upgrade our complaince with European AML regulations. If you want to deposit or withdraw large amounts we will need to know more about you.

All of the above will ensure that our customers will receive continuous service, regardless of shifts in external factors that which we do not control.

As always, please feel free to contact us directly in case you have any questions or suggestions.

Regards,
The TradeHill Team

txcoin

newbie

Activity: 32

Merit: 0

Quote from: ffuentes on August 09, 2011, 06:07:49 PM

Now Tradehill is accepting (again) SEPA transfers but I don't know from what country nor how much time takes.

Germany. Should be 1-3 business days. We will see :-)

ffuentes

member

Activity: 70

Merit: 10

Only a curious passer-by / FirstBits: 13zsc1

Now Tradehill is accepting (again) SEPA transfers but I don't know from what country nor how much time takes.

zx9r

full member

Activity: 153

Merit: 100

Quote from: wumpus on August 09, 2011, 09:10:53 AM

I just see that my deposit was returned through sepa... phew

Congrats. I have just checked my account and nothing new inside Sad

wumpus

hero member

Activity: 812

Merit: 1022

No Maps for These Territories

I just see that my deposit was returned through sepa... phew

Nicolai Larsen

sr. member

Activity: 331

Merit: 250

Earthling

Quote from: zx9r on August 09, 2011, 07:40:00 AM

Quote from: Remember remember the 5th of November on August 09, 2011, 06:20:27 AM

Quote from: zx9r on August 09, 2011, 06:17:17 AM

I made a deposit on 21th July via SEPA transfer and still waiting for the funds at TH. Since that day I can only see in the TH dashboard that it is in pending status.

I have sent 3 or 4 mails to TH support since then and the only thing they can say to me is to wait. At this point I am really worried for my money.

Anybody here has the same problem ?

Maybe you havent heard that the sepa account is frozen!?

Yes I have, but it is not my fault, and my money is not available for 20 days (at least), what I consider it is too much.

What I wanted to know is if I was the only one in this situation ore if there are more people with the same problem.

I'm in the same situation.

Jered asked if I preferred getting my money send via Paypal or something similar, but never heard from him after that.

But it's all because of the frozen account and the time it takes for their money to reach the bank accounts.

zx9r

full member

Activity: 153

Merit: 100

Quote from: Remember remember the 5th of November on August 09, 2011, 06:20:27 AM

Quote from: zx9r on August 09, 2011, 06:17:17 AM

I made a deposit on 21th July via SEPA transfer and still waiting for the funds at TH. Since that day I can only see in the TH dashboard that it is in pending status.

I have sent 3 or 4 mails to TH support since then and the only thing they can say to me is to wait. At this point I am really worried for my money.

Anybody here has the same problem ?

Maybe you havent heard that the sepa account is frozen!?

Yes I have, but it is not my fault, and my money is not available for 20 days (at least), what I consider it is too much.

What I wanted to know is if I was the only one in this situation ore if there are more people with the same problem.

flower1024

legendary

Activity: 1428

Merit: 1000

as a german user i just have to say:

paxxum is not an alternative. there fees are too high. PLEASE consider a bank account in europe. it does not cost very much and it could be done without ANY fees.

atm i'll stick to b7

wumpus

hero member

Activity: 812

Merit: 1022

No Maps for These Territories

Quote from: Remember remember the 5th of November on August 09, 2011, 06:20:27 AM

Maybe you havent heard that the sepa account is frozen!?

It wasn't frozen at the time he did the deposit.

Remember remember the 5th of November

legendary

Activity: 1862

Merit: 1011

Reverse engineer from time to time

Quote from: zx9r on August 09, 2011, 06:17:17 AM

I made a deposit on 21th July via SEPA transfer and still waiting for the funds at TH. Since that day I can only see in the TH dashboard that it is in pending status.

I have sent 3 or 4 mails to TH support since then and the only thing they can say to me is to wait. At this point I am really worried for my money.

Anybody here has the same problem ?

Maybe you havent heard that the sepa account is frozen!?

Topic: TradeHill - Now accepting EUR deposits - EUR market is live! (Read 9986 times)