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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32169. (Read 26473031 times)

legendary
Activity: 1400
Merit: 1013
holy fuck BUY!!!!!!!!!

Quote
Foreign Wire Transfers: Due to recent regulatory changes, effective 10/1/13, FNBT/FCB will no longer offer foreign wire transfer services through Internet Banking or in banking centers.

If you need to send funds to a recipient in a foreign country, you can go to www.westernunion.com to send a transfer using your Debit MasterCard® or visit your local banking center to send a Western Union in person.

puahaha whaaaaaat? They're sending them to western union? Really?

That's ridiculous!
Anyone want to start calling random banks and asking them about their international wire policies to see if this is a trend or not?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
holy fuck BUY!!!!!!!!!

Quote
Foreign Wire Transfers: Due to recent regulatory changes, effective 10/1/13, FNBT/FCB will no longer offer foreign wire transfer services through Internet Banking or in banking centers.

If you need to send funds to a recipient in a foreign country, you can go to www.westernunion.com to send a transfer using your Debit MasterCard® or visit your local banking center to send a Western Union in person.

puahaha whaaaaaat? They're sending them to western union? Really?

That's ridiculous!

WOW! Unbelievable... and also very good news for the bitcoin-based remittance startups

thats not all!


I have a friend that works at the US/CAD boarder

he got a memo about bitcoin

it said

"let the bitcoiners cross with wtv amount of bitcoin they like, their is no need to declare bitcoin holdings" ( or somthing to that effect )

thats right bitches, bitcoiners are getting special treatment  Cool

normally you can't move ANYTHING of value across the board with declaring it.

why is bitcoin special? because they realize they would not be able to enforce it if they tried? idk, all i know is Bitcoin is special!!!

 Cheesy

would be nice to get a real source for this info... not that its the most exciting news, but still would be nice to know i'm not giving out false infos
hero member
Activity: 742
Merit: 500
Circle gets the Square
holy fuck BUY!!!!!!!!!

Quote
Foreign Wire Transfers: Due to recent regulatory changes, effective 10/1/13, FNBT/FCB will no longer offer foreign wire transfer services through Internet Banking or in banking centers.

If you need to send funds to a recipient in a foreign country, you can go to www.westernunion.com to send a transfer using your Debit MasterCard® or visit your local banking center to send a Western Union in person.

puahaha whaaaaaat? They're sending them to western union? Really?

That's ridiculous!

WOW! Unbelievable... and also very good news for the bitcoin-based remittance startups
donator
Activity: 2772
Merit: 1019
holy fuck BUY!!!!!!!!!

Quote
Foreign Wire Transfers: Due to recent regulatory changes, effective 10/1/13, FNBT/FCB will no longer offer foreign wire transfer services through Internet Banking or in banking centers.

If you need to send funds to a recipient in a foreign country, you can go to www.westernunion.com to send a transfer using your Debit MasterCard® or visit your local banking center to send a Western Union in person.

puahaha whaaaaaat? They're sending them to western union? Really?

That's ridiculous!
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
hero member
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legendary
Activity: 2324
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
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legendary
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Even a year ago it was difficult to receive international wires b/c there is a different USA-only wire system.  Credit unions and regional banks do not get a SWIFT number...  I had to actually GO to a physical room inconveniently located an entire 5 minute drive from my house, fill out forms ON PAPER, and actually TALK DIRECTLY to another living breathing smiling human being to open an account that would accept international wires. :-)  But seriously -- the real issue is that it had to be with one of the big names whose business model is to basically drain your funds with fees, etc.  For example, if I don't do at least 1 txn a month in the account there is a fee.

Joking aside, bitcoin is awesome at medium international xfer. Small can be done with paypal, large with a wire.  The sweet spot IMO is 500-5000 USD.


I never had much trouble receiving with my bank. Though the fees were a PITA, they charged at the US end even if I'd elected to have all fees paid at the originating end, the exchange rate was worse than the "official" rate and you couldn't wait for a good rate, you got whatever was available at the time (and I have my suspicions the banks played things so they profited off of that too). The last few times I've used Currency Fair and it's a *much* better experience all around. Can't believe the lobbyists haven't got them closed down yet.

OK YMMV...I didn't make a study out of it.  But I gather all banks have an ABA number (domestic) but that is not a SWIFT (international) number.  I did get turned away from a couple of smaller CUs and banks so finally I sucked it up and went with BAC.  I was getting paid by a major European luxury automobile company for work on their prototype cars so it was not an issue of ignorance on their end.  In fact, about 6 months later they opened a US bank account and notified me that wires could now be domestic (and I'm 100% positive they did not do that just for my business!!! :-).
hero member
Activity: 826
Merit: 508
for people behind the firewall could not access that tweet - http://finance.sina.com.cn/money/lczx/20131017/071917018288.shtml
My problem is that I can't read it, and the google translate version of the page is simply atrocious. But is it confirmed -- "China Banking Regulatory Commission: "no plans to introduce regulatory policies for #bitcoin."
hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
Most credit unions will have a routing number where you can receive wires, they just can't send them since they aren't technically banks. Most regional banks would not have this problem as they are banks. The difference is in Credit Unions and Banks. Credit Union's also cannot send ACH transfers, it is usually done by a 3rd party 'bill payment' solution, which are usually a PITA.

This is why I can't stand using credit unions, because they just don't have any of the tools necessary for business transactions.

legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Even a year ago it was difficult to receive international wires b/c there is a different USA-only wire system.  Credit unions and regional banks do not get a SWIFT number...  I had to actually GO to a physical room inconveniently located an entire 5 minute drive from my house, fill out forms ON PAPER, and actually TALK DIRECTLY to another living breathing smiling human being to open an account that would accept international wires. :-)  But seriously -- the real issue is that it had to be with one of the big names whose business model is to basically drain your funds with fees, etc.  For example, if I don't do at least 1 txn a month in the account there is a fee.

Joking aside, bitcoin is awesome at medium international xfer. Small can be done with paypal, large with a wire.  The sweet spot IMO is 500-5000 USD.


I never had much trouble receiving with my bank. Though the fees were a PITA, they charged at the US end even if I'd elected to have all fees paid at the originating end, the exchange rate was worse than the "official" rate and you couldn't wait for a good rate, you got whatever was available at the time (and I have my suspicions the banks played things so they profited off of that too). The last few times I've used Currency Fair and it's a *much* better experience all around. Can't believe the lobbyists haven't got them closed down yet.
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

thats right bitches, bitcoiners are getting special treatment  Cool

We need an animated gif where Jessie and Walter are producing Bitcoins.
legendary
Activity: 1064
Merit: 1000
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
next spike to 180? over the weekend?

It wouldn't take long odds for me to put down for 180 by end of tomorrow.

The rocket fuel is filling up.
legendary
Activity: 1400
Merit: 1013
I have a friend that works at the US/CAD boarder

he got a memo about bitcoin

it said

"let the bitcoiners cross with wtv amount of bitcoin they like, their is no need to declare bitcoin holdings" ( or somthing to that effect )

thats right bitches, bitcoiners are getting special treatment  Cool



https://twitter.com/inthepixels/status/390655737652707328
hero member
Activity: 748
Merit: 500
I have a friend that works at the US/CAD boarder

he got a memo about bitcoin

it said

"let the bitcoiners cross with wtv amount of bitcoin they like, their is no need to declare bitcoin holdings" ( or somthing to that effect )

thats right bitches, bitcoiners are getting special treatment  Cool

legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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