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Topic: Which banks are bitcoin friendly? - page 3. (Read 438 times)

newbie
Activity: 4
Merit: 0
March 06, 2018, 05:40:36 PM
#13
Germany recognized Bitcoin as official means of payment
The Ministry of Finance of Germany signed an official decree confirming that bitcoin is recognized as a means of payment
Unlike the US, where Bitcoin is recognized as property, in Germany all that will be bought for the currency will not be subject to a capital outflow.
hero member
Activity: 909
Merit: 508
March 06, 2018, 05:33:31 PM
#12
I read recently, that Bitwala, an exchanger in germany is planning to provide a crypto based bank account.
https://www.bitwala.com/
And I think, also traditional banks will jump on train.  
member
Activity: 266
Merit: 33
March 06, 2018, 05:33:17 PM
#11
when you're a resident here in the Philippines the only way to deposit and withdraw bitcoin is through trading it to paypal or signing in to coins.ph
banks like BDO and such supports bitcoin here on Philippines
in addition they're planning to add ethereum
full member
Activity: 554
Merit: 100
March 06, 2018, 05:12:00 PM
#10
I initially bought bitcoin through my credit union linked to an exchange but got a letter from the credit uinion saying its not allowed and to stop etc
Are there any banks that allow this? Thanks

Not literally friendly on bitcoin it partners possible because here in my country we can cash out bitcoin thru bank and automatically convertable into our country money and we can transfer a bitcoin thru bank also and can also buy in bitcoin thru bank also so this is the reason why im thinking that here in my country some of banks accepting or adapting bitcoin now.
hero member
Activity: 742
Merit: 500
March 06, 2018, 05:07:30 PM
#9
No banks are friendly to the bitcoin, we all know that banks don't want you to use bitcoin for the same reason the postal service didn't want you to use email simple as that. Bitcoin is a big threat for them and for many reasons they will not accept it, they might be interested in the technology behind bitcoin the blockchain but to adopt bitcoin it's such a impossible for them to do that.
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
March 06, 2018, 04:58:37 PM
#8
It's a very personal question that will vary from country to country. I'm sure most banks and all mainstream banks aren't Crypto friendly. Many people have already had issues with banks on their countries when trying to buy or sell Bitcoins and some exchanges as well.

However, there are some relatively new banks appearing, again it varies from country to country, but it would be a good idea to check on your country all the banks options, not only the main ones. Maybe one of these new banks can be Bitcoin friendly and even suggested by a local exchange.
full member
Activity: 228
Merit: 100
March 06, 2018, 04:32:57 PM
#7
No one bank are friendly with Bitcoin, they are think Bitcoin as enemy. We know if bank and government has try many way for probhit Bitcoin.
newbie
Activity: 113
Merit: 0
March 06, 2018, 04:30:01 PM
#6
it depends on your location but if u look for friendly banks its just few countries

for example switzerland, malta and lietchestain, they fully accept and make it easy for crypto holders
newbie
Activity: 9
Merit: 0
March 06, 2018, 04:24:02 PM
#5
It's becoming more and more of an issue.

If you are working with UK, you can try german banks. UK banks don't want to have anything common with crypto.
full member
Activity: 420
Merit: 119
March 06, 2018, 04:05:35 PM
#4
I initially bought bitcoin through my credit union linked to an exchange but got a letter from the credit uinion saying its not allowed and to stop etc
Are there any banks that allow this? Thanks

Well, It really depends upon your location and the bank availability to purchase this kind of thing , you can check and search for yourself all the available banks in your country if the bank accepts crypto purchase.
newbie
Activity: 32
Merit: 0
March 06, 2018, 03:59:11 PM
#3
Im USA and used cash to buy all the btc to avoid the CC fees on the sites
I was wiring money to a bank in london, for Bitstamp account
member
Activity: 238
Merit: 11
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March 06, 2018, 12:07:06 PM
#2
Now many banks prohibit the use of credit money for the purchase of cryptocurrency. Did you buy bitcoin for your personal money or for bank money (credit)? When using personal funds, you should not have any problems. Cancel the ban on double conversion if your national currency is not a dollar or an euro. Also, you did not specify which country you are from, so it's hard for you to give an answer. In all countries, completely different attitudes toward cryptocurrencies and bitcoin.
newbie
Activity: 32
Merit: 0
March 06, 2018, 11:04:24 AM
#1
I initially bought bitcoin through my credit union linked to an exchange but got a letter from the credit uinion saying its not allowed and to stop etc
Are there any banks that allow this? Thanks
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