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Topic: Withdraw Bitcoins to a bank account (Read 5018 times)

hero member
Activity: 1414
Merit: 505
Backed.Finance
November 13, 2016, 09:48:12 AM
#85
Hello guys, want to withdraw Bitcoins to a new bank account in Switzerland. How to confirm the origin of money? Which stock exchange should I use? What problems can arise? Or should I use bank in another country?
Thanks in advance!
Is there any bitcoin wallet that based on your country that you can use to fast withdrawing your bitcoin because here in my country they accepting bitcoin in banks right now and it has no fee whenever we want to withdraw our bitcoin and try to find what best exchange website that you can use for.

I think no banks in my country acepts bitcoin. You have to transfer first your bitcoin to local exchanges then convert to local curreny and finally cash out it to your bank, atm or money transfer.
member
Activity: 70
Merit: 10
November 13, 2016, 08:17:17 AM
#84
The best way for me  to change bitcoin to bank is to sell the bitcoin by neteller or paypal and then pass the money to bank account
hero member
Activity: 924
Merit: 500
October 03, 2016, 10:29:28 AM
#83
Hello guys, want to withdraw Bitcoins to a new bank account in Switzerland. How to confirm the origin of money? Which stock exchange should I use? What problems can arise? Or should I use bank in another country?
Thanks in advance!
Is there any bitcoin wallet that based on your country that you can use to fast withdrawing your bitcoin because here in my country they accepting bitcoin in banks right now and it has no fee whenever we want to withdraw our bitcoin and try to find what best exchange website that you can use for.
legendary
Activity: 3262
Merit: 1130
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October 03, 2016, 09:33:07 AM
#82
i will advice use localbitcoin site for exchanging your coins and also be alert only trade with traders who has 100% trust level and had traded big amounts without any flaws
Yes, I agree, localbitcoin support to almost all country in the world. I also use localbitcoin to send my bitcoin to my bank

you are right, localbitcoin can reach in many country without limit to withdraw on the amount of bitcoin, beside that we should choose a good sellers with high trust level and have a good rep.

Yet we still have to be careful with that. Even those with good rep could end up running at the end. We can set examples but I think you already know those websites.
klf
legendary
Activity: 1344
Merit: 1000
October 03, 2016, 08:17:52 AM
#81
Better option then withdrawing Bitcoin to bank account is having some Bitcoin debit card. Once you have your Bitcoins there you can spend them everywhere or get cash at ATM without any fear of complications or some questions asked.
Let me try it i did not do that before coz i directly cash out from a local wallet to wireless atm
machine no need depit card to do this. But the problem is only one bank i can do that and their atm branches.

I used XAPO debit card for Bitcoins to convert cash and it is working excellent so far without any issues. But they got some fee for withdrawing each time and some conversion fee if you're not withdrawing from your card currency. With this card, you can withdraw from any ATM centre and these cards will not work in India and may be some other countries so you can check their website for more details.
hero member
Activity: 2912
Merit: 556
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October 03, 2016, 07:46:44 AM
#80
i will advice use localbitcoin site for exchanging your coins and also be alert only trade with traders who has 100% trust level and had traded big amounts without any flaws
Yes, I agree, localbitcoin support to almost all country in the world. I also use localbitcoin to send my bitcoin to my bank

you are right, localbitcoin can reach in many country without limit to withdraw on the amount of bitcoin, beside that we should choose a good sellers with high trust level and have a good rep.
hero member
Activity: 518
Merit: 500
October 03, 2016, 01:21:40 AM
#79
i will advice use localbitcoin site for exchanging your coins and also be alert only trade with traders who has 100% trust level and had traded big amounts without any flaws
Yes, I agree, localbitcoin support to almost all country in the world. I also use localbitcoin to send my bitcoin to my bank
You are right, although the seller bitcoin must pay a little high fees on there, but it is good choice for OP who looking for markets places support for Swiss Bank Account and it can be used for other Bank Account.
newbie
Activity: 56
Merit: 0
October 03, 2016, 01:13:39 AM
#78
i will advice use localbitcoin site for exchanging your coins and also be alert only trade with traders who has 100% trust level and had traded big amounts without any flaws
Yes, I agree, localbitcoin support to almost all country in the world. I also use localbitcoin to send my bitcoin to my bank
full member
Activity: 196
Merit: 100
October 03, 2016, 01:04:21 AM
#77
I think local bitcoins exchange is the best place for you to convert your bitcoins to fiat and i dont think any problem will arise because another user will send the money to your account.I always used that exchange to buy or sell my bitcoins and every thing done smoothly every time there .
hero member
Activity: 2954
Merit: 672
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October 03, 2016, 01:00:26 AM
#76
My local exchange do offer that program, we are allowed to withdraw our bitcoins in local banks so there is no problem with us in times we want to cash out, I think there is not problem with other countries as well as normally they have the similar system.

Maybe, try to look for other exchanges if you current exchange does not offer that service.
hero member
Activity: 812
Merit: 500
October 03, 2016, 12:44:31 AM
#75
In my country it is really a problem for me to withdraw my bitcoins to my bank account as our banking system do not have any category for freelancers to open an account so we only open account if we have a job and will get paid from that job, while currently they have started to open accounts for freelancer category(online earners) but the maximum limit if fund at there is $5000.
For you this amount is very big some time ago we also have problem like this but now State Bank done very soft policies for lower class peoples just because of this now I can sell my bitcoins to local trader for payment in Bank 

Every one have a choice to do what they want to do, but i want to suggest you, i think better is that use the bitcoins and do the trading with your own bitcoins, and many other ways are here to make profit from bitcoin, it is must better instead of withdraw your bitcoins into fiat currency, also so far as i know state bank give us very low interest in our actual amount.     
hero member
Activity: 756
Merit: 504
October 02, 2016, 07:31:30 PM
#74
In my country it is really a problem for me to withdraw my bitcoins to my bank account as our banking system do not have any category for freelancers to open an account so we only open account if we have a job and will get paid from that job, while currently they have started to open accounts for freelancer category(online earners) but the maximum limit if fund at there is $5000.
For you this amount is very big some time ago we also have problem like this but now State Bank done very soft policies for lower class peoples just because of this now I can sell my bitcoins to local trader for payment in Bank 
hero member
Activity: 672
Merit: 500
October 02, 2016, 07:08:34 PM
#73
In my country it is really a problem for me to withdraw my bitcoins to my bank account as our banking system do not have any category for freelancers to open an account so we only open account if we have a job and will get paid from that job, while currently they have started to open accounts for freelancer category(online earners) but the maximum limit if fund at there is $5000.
legendary
Activity: 966
Merit: 1000
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October 01, 2016, 03:06:10 PM
#72
You can maybe deposit them to spectrocoin and then exchange to fiat currency and whitdraw them to your bank
Or you could load them on some VCC load them to skrill or virwox and whitdraw to your bank no escrow hassle and quick as well
There any other alternatives to spectrocoin or ecoin cards to load bitcoin too?
Can you list the rates for each card because they each charge different for withdrawing money from them.
legendary
Activity: 3248
Merit: 1179
October 01, 2016, 03:00:29 PM
#71
Legality? Tell it's from your brother who live in Australia. Just joking, they will not ask you anything if you don't have some big amounts. I think Switzerland is open toward bitcoins, so maybe it's best way to call your bank directly and ask them about bitcoins and current law in your country.
Maybe you can find someone from your town and sell your coins face to face for cash, that way banks can't do nothing.
I heard something, in Switzerland in casinos people get paper when they cash out, so they can take money to the bank and show where they got them. Well people launder money on roulette, 10 k on red, 10 k on black, win and cash put, you have clean money.
sr. member
Activity: 266
Merit: 250
One world One currency, Bitcoin.
October 01, 2016, 02:19:19 PM
#70
i think just convert the money into bitcoin and exchange it with there with someone like any relative with there's local currency and honestly banks are no more needed banks takes high tax and are slower too
hero member
Activity: 910
Merit: 507
October 01, 2016, 01:28:08 PM
#69
Better option then withdrawing Bitcoin to bank account is having some Bitcoin debit card. Once you have your Bitcoins there you can spend them everywhere or get cash at ATM without any fear of complications or some questions asked.
Let me try it i did not do that before coz i directly cash out from a local wallet to wireless atm
machine no need depit card to do this. But the problem is only one bank i can do that and their atm branches.
legendary
Activity: 2912
Merit: 1068
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September 30, 2016, 11:38:57 AM
#68
Better option then withdrawing Bitcoin to bank account is having some Bitcoin debit card. Once you have your Bitcoins there you can spend them everywhere or get cash at ATM without any fear of complications or some questions asked.
legendary
Activity: 1554
Merit: 1054
September 30, 2016, 10:08:40 AM
#67
There are a lot of country specific bitcoin exchange services, they are having option of depositing fiats into your bank account. One of the practical and easy way of selling bitcoins and getting equivalent fiats into our bank must be selling bitcoin for PayPal with highly reputed forum members here (or with escrow), and then you will be able to withdraw funds to our bank accounts as usual.
legendary
Activity: 3262
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
September 29, 2016, 11:02:02 PM
#66
Hello guys, want to withdraw Bitcoins to a new bank account in Switzerland. How to confirm the origin of money? Which stock exchange should I use? What problems can arise? Or should I use bank in another country?
Thanks in advance!

Use localbitcoins and find a trusted trader.

I don`t know how you can confirm origin of money in a Swiss bank account.

You can`t "withdraw" bitcoins.You sell bitcoins for fiat money.


That's a easy step right. If you want to put your Bitcoin to the bank account means find the trader in your country with local bitcoins site and find the perfect trader. So don't check the other options to accomplish it without direct transfes.

Yeah. The local website exhange will produce an account and a password that will be the onr to be used either direct to the bank or if try have that option in their Atm machine.
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