Quote from: fusion0389 on August 25, 2017, 01:41:40 PM

Quote from: cre8ive on August 24, 2017, 01:24:10 AM

I just tried to transfer USD to Bitmain for payment of a Nov batch of miners.

About 12 hours after the transfer the bank asked for a supplier invoice which is strange as they never do this for any other payments I make.

Then a day later they state they are unable to process the transfer and refund me the money. The reason was not because of an invalid account number, but some other issue with Bitmain's account or status or Huh

. They said for privacy reasons they could not give me more information.

Has anyone had issues with this before? Is this a sign the Chinese government are intervening in Bitmains operations?

Make sure you are using a "Major" bank. These small no name banks generally dont get many international transfer requests and rarely know what they are doing. Secondly, make sure the person you are working with has done an international wire transfer recently. I have done several wire transfers with BITMAIN and have never had an issue. Make sure you pay all the fees your local bank charges you and include another $60-$70 on top of the wire transfer amount to cover the bank fees on BITMAIN's end even if it means you're paying a little bit more than you are required. Its worth it for the peace of mind and quick acceptance on BITMAIN's end. Lastly, upload a copy of the wire transfer information to your order on the BITMAIN site. This usually expedites the process.

If you can, for future purchases i would suggest keeping the cash in an exchange like coinbase until you actually place the order. Then do a quick buy and transfer it directly to bitmain after you place your order. Its much easier to work with BTC than international wire transfers, takes less time and costs you less money per transaction. Bank transfers dont really give you any extra protection either. Once the money has left your bank, they cant do jack squat about it unless you can prove your local bank made a mistake... BTC all the way my friend!

Pretty much this. You just need to be very careful when filling out the information for the transfer, and make sure you send enough.

I've only ever purchased from them using transfers, but those were for small amounts, I may actually go into my bank to complete the transfer this time as it's for a hefty amount and simply provide them with Bitmains information to make sure they do it right, and transfer enough to cover fees.