Post
Topic
Board Trading Discussion
Re: So how on earth am I supposed to get bitcoins in the UK?
by
paraipan
on 19/10/2012, 16:05:42 UTC
Convert your funds to euros and wire tranfer to bitcoin-central.net EUR account:
Account Holder Name: Paymium (Paymium is the registered company operating bitcoin-central, instwawire, instawallet and Paytunia)
IBAN: FR76 3006 6108 8700 0200 7310 542
BIC: CMCIFRPP


If you do not want to convert, send GBP to Paymium's account in GBP .
Your bitcoin-central account will be credited in Euro at the going rate when we receive the funds.
IBAN: FR76 3006 6108 8700 0200 7310 930
BIC: CMCIFRPP

In any case, since the UK is in the SEPA zone, the wire transfer is free.
There is a 15 € fee only if you mistakenly send euros to a GBP account or vice versa.
Do not forget to copy your bitcoin-central account number (BC-XXX..) in the "comments" field of your wire transfer online form.
Which banks allow SEPA transactions for free? Natwest trying to charge me £25!

Heh, same with Barclays, from what I've read. I'm not convinced the UK *is* actually in the SEPA zone, but only just started looking into it...

I think UK is just tad behind implementing SEPA transfers to other EU contries, source:

https://www.ukpayments.org.uk/payment_options/cross_border_payments/single_euro_payments_area_(sepa)/

Quote
Although the UK is a non-euro country and the number of cross-border euro payments to and from the UK is comparatively small, the UK payment industry is committed to making SEPA a reality.
A number of UK-based payment service providers (including many Payments Council Members) currently offer SEPA Credit Transfer products to their customers. These institutions account for in excess of 85% of the UK payments market by volume. Customers of these institutions are able to make SEPA Credit Transfers from their accounts in the UK on a SEPA-wide basis.
At this stage, we believe that the creation (or realisation) of SEPA will be invisible to the vast majority of UK customers making sterling payments, as the sterling Schemes will continue to operate alongside the SEPA versions. However, UK-based businesses and individuals who make or receive payments in euros will be affected by SEPA as its geographical scope extends beyond the eurozone.

I found out British people could use transferwise for sending SEPA wires though

http://forums.moneysavingexpert.com/showthread.php?t=4149375