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Topic: Withdrawing from Bitstamp to UK/GBP - lost 3%, where did it go? (Read 475 times)

hero member
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Still no idea :/

I've since used Coinfloor though
s2
full member
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Did you get any further information about this?  Was it the bank offering a rubbish exchange rate or imposing other fees?
Not sure if transferring USD or EUR gives any better rate or if there is a better way.
hero member
Activity: 688
Merit: 500
ヽ( ㅇㅅㅇ)ノ ~!!
Hey, so I just withdrew some EUR to my GBP (Barclays) bank account, and it seems I received approximately 3% less than what I should have according to both google and my bank's own listed EUR/GBP exchange rate.

What gives? Are there hidden foreign exchange costs I didn't know about?

What better ways are there to convert BTC to GBP? (That isn't localbitcoins, since I don't want to risk selling to a drug dealer or something)
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