Guys,
kraken.com does this!
You can send your bitcoin to your kraken account and then convert to USD, then wire transfer to any bank account around the world.
Although this requires verification, but it works.
limitation is $200,000 USD a month.
So it's possible to transfer bitcoin directly to a bank account overseas without using a real bank.
Thanks, it's good to know that it's possible.kraken.com does this!
You can send your bitcoin to your kraken account and then convert to USD, then wire transfer to any bank account around the world.
Although this requires verification, but it works.
limitation is $200,000 USD a month.
So it's possible to transfer bitcoin directly to a bank account overseas without using a real bank.
Although, if you need to fully identify yourself on an exchange (KYC, AML), that means that exchange behaves like a bank, so it's not a surprise if they let you do what you want with your money
They are like real banks in this situation.Yes but they're not in your country and not affiliated with your government...they're totally third party nonetheless.