Bitstamp uses Unicredit Banka Slovenija
If I use Unicredit bank account but from another country, would that still give me low fees on wires?
Topic: Why Polish bank accounts? - page 2. (Read 5286 times)
If I use Unicredit bank account but from another country, would that still give me low fees on wires?
They all use the bank zachodni because german banks close bank accounts if you trade with the wrong bitcoin user. It happened to many and im glad i read about it before risking my account. It would mean a lot of work and trouble.
They do this because they fear connection to money laundering. In order to not have work they close the account. There are enough other users that dont mean a risk or work.
Heres a thread about it. Unfortunately in german: https://bitcointalksearch.org/topic/bitcoin-und-die-banken-98434
They do this because they fear connection to money laundering. In order to not have work they close the account. There are enough other users that dont mean a risk or work.
Heres a thread about it. Unfortunately in german: https://bitcointalksearch.org/topic/bitcoin-und-die-banken-98434
It is the Bank Zachodni WBK S.A. in Poland belonging to the Santander Group.
Which exchanges use that bank? Just Mt. Gox, or does BITSTAMP use it also?
beat me to it
Bitstamp uses Unicredit Banka Slovenija
It is the Bank Zachodni WBK S.A. in Poland belonging to the Santander Group.
Which exchanges use that bank? Just Mt. Gox, or does BITSTAMP use it also?
It is the Bank Zachodni WBK S.A. in Poland belonging to the Santander Group.
As to why it is chosen by the 2 largest Bitcoin exchanges and many more i can only speculate, because its certainly not the fees nor their services. There are many banks in Poland offering much less bureaucracy and better customer support.
It might be the loyalty, since MtGox took over an account there, while prolly being rejected by most banks back in the days.
It might be because its impossible to chargeback from them.
But most probably its a fact known just to friends of DPR.
As to why it is chosen by the 2 largest Bitcoin exchanges and many more i can only speculate, because its certainly not the fees nor their services. There are many banks in Poland offering much less bureaucracy and better customer support.
It might be the loyalty, since MtGox took over an account there, while prolly being rejected by most banks back in the days.
It might be because its impossible to chargeback from them.
But most probably its a fact known just to friends of DPR.
Slightly OT
It's the Slovenia bit that bothers me, I am a fan of Bitstamp, I use them, very useable site but Slovenian banks are not in the healthiest of condition.
http://www.thisismoney.co.uk/news/article-2301214/Slovenian-bailout-inevitable-Second-tiny-EU-state-caught-fallout-Cyprus-banks-crisis.html
It's the Slovenia bit that bothers me, I am a fan of Bitstamp, I use them, very useable site but Slovenian banks are not in the healthiest of condition.
http://www.thisismoney.co.uk/news/article-2301214/Slovenian-bailout-inevitable-Second-tiny-EU-state-caught-fallout-Cyprus-banks-crisis.html
Every single bitcoin exchange that supports transfers in the EU seems to do that through a Polish bank - even if there's no apparent connection between the exchange and Poland.
I wonder why. Are the SEPA transaction fees lowest there? Is there less bureaucracy? Why not some other EU country?
I wonder why. Are the SEPA transaction fees lowest there? Is there less bureaucracy? Why not some other EU country?
Not true. Bitstamp.net is based in Slovenia, and one of the largest European exchanges to my knowledge.
Certainly Eastern European countries will be favoured as there are few fewer regulations there compared with the FSA of the UK say.
Why not some other EU country?
It isn't just the same country, it is the same bank, right?
Every single bitcoin exchange that supports transfers in the EU seems to do that through a Polish bank - even if there's no apparent connection between the exchange and Poland.
I wonder why. Are the SEPA transaction fees lowest there? Is there less bureaucracy? Why not some other EU country?
I wonder why. Are the SEPA transaction fees lowest there? Is there less bureaucracy? Why not some other EU country?
Jump to: