Transferring GBP (UK) to Bitstamp???

il--ya

newbie

Activity: 47

Merit: 0

Quote from: seafarer124 on November 15, 2013, 12:26:28 AM

Quote from: MatTheCat on November 14, 2013, 10:53:24 PM

Quote from: seafarer124 on November 14, 2013, 04:02:43 AM

I use my NatWest account with internet banking/international transfer. Never had a problem, just did another transfer an hour ago.

Ten pound fee for the transfer, funds will be in my BitStamp account tomorrow.

U pay top dollar for using bank transfer.

On a 5K transfer you are losing about 160GBP one way.

I finally transferred using Post Office (HiFx) International Money Transfer....not the best rates but better than a bank.

The fee I pay is 10 pounds, whether 500 or 5,000 pounds.

How much you lose on GBP->EUR->GBP conversion?

seafarer124

sr. member

Activity: 302

Merit: 250

Quote from: MatTheCat on November 14, 2013, 10:53:24 PM

Quote from: seafarer124 on November 14, 2013, 04:02:43 AM

I use my NatWest account with internet banking/international transfer. Never had a problem, just did another transfer an hour ago.

Ten pound fee for the transfer, funds will be in my BitStamp account tomorrow.

U pay top dollar for using bank transfer.

On a 5K transfer you are losing about 160GBP one way.

I finally transferred using Post Office (HiFx) International Money Transfer....not the best rates but better than a bank.

The fee I pay is 10 pounds, whether 500 or 5,000 pounds.

MatTheCat

hero member

Activity: 840

Merit: 1000

Quote from: seafarer124 on November 14, 2013, 04:02:43 AM

I use my NatWest account with internet banking/international transfer. Never had a problem, just did another transfer an hour ago.

Ten pound fee for the transfer, funds will be in my BitStamp account tomorrow.

U pay top dollar for using bank transfer.

On a 5K transfer you are losing about 160GBP one way.

I finally transferred using Post Office (HiFx) International Money Transfer....not the best rates but better than a bank.

seafarer124

sr. member

Activity: 302

Merit: 250

I use my NatWest account with internet banking/international transfer. Never had a problem, just did another transfer an hour ago.

Ten pound fee for the transfer, funds will be in my BitStamp account tomorrow.

MatTheCat

hero member

Activity: 840

Merit: 1000

Are there any UK based Bitcoin holders who could advise on best method?

Obviously, their was the TW currency exchange that offered a more palatable fee (hidden fee) than bank transfer, but they have suspended all payments to Bitcoin exchanges.

Then i have just tried Forex UK, and much to my surprise, my mother (whose house my bank account is registered at) just got a confirmation call from them when I went to make a 5K transfer........fk that, and fk them, quite frankly.

Then there is obviously Localbitcoins.com, but the prices on their tend to track the MtGox premiums and at the time being are 20-30 quid over spot....again, fk that.

EDIT:

And you can add ForexUK to that list of money changers who dont fund Bitcoin exchanges.

Topic: Transferring GBP (UK) to Bitstamp??? (Read 1858 times)