Quote from: Aurel577 on January 17, 2018, 01:55:44 AM

Quote from: russelluk on January 16, 2018, 08:05:13 PM

Quote from: Aurel577 on January 16, 2018, 07:14:21 PM

Quote from: russelluk on January 16, 2018, 05:15:18 PM

Quote from: Aurel577 on January 16, 2018, 05:05:44 PM

Quote from: russelluk on January 16, 2018, 04:47:33 PM

Quote from: Aurel577 on January 16, 2018, 04:39:40 PM

I believe you are confused some. I think the way Counbase verifies bank accounts is by THEM making 2 deposits into YOUR bank account and you telling them what those 2 amounts were, that way they know you have access to that bank account.

The amounts are very small and then they reverse and take the amounts back, but they will still show up on your bank statement or online.
Everything they do is for your protection.

Sorry this is not correct - they make you send a small amount and if you read my post above you will see how bad they treat you when they do that

Well I guess its different depending on where your from. I never had to send them any money and had to verify my bank account how I posted. I have made many withdrawals since without a problem.

I have no doubt that many people withdraw from Coinbase without problems. But the fact remains that I could not get money out of my account after being with Coinbase for nearly 2 years because of some ludicrous need to verify a bank account with 6 Euros and this became impossible because they choose to not communicate with their customers.

Well Coinbase is a USA based exchange following all US rules and regulations, so I take it since your talking Euros that your not in this Country which would make for different rules to follow to keep from money laundering, ect..... hummm maybe we need a decentralized virtual money system....or maybe you should have used an exchange in your own country.

I don't really agree with what you are saying. I have used Coinbase both in Singapore and the UK. Both of these countries are countries in which Coinbase state they operate. They operate in these countries and I have had to go through some of the hardest AML/KYC procedures with Coinbase to set up an account and operate an account. They have certain restrictions on operating in these countries and part of that is withdrawal limits. My request to take the money out was within my verification and withdrawal limits for the UK in which I now live. These limits are all set by Coinbase and I follow there procedures. So I am certainly not going to applogise for Coinbase because I could not get my money out after weeks of trying. The only reason I could not get it out was because they would not communicate with me and ignored all requests for support.

The fact remains regardless of them being a US based company. They did not treat me fairly as a customer and this is a plain fact.

wow so what is it can you get money moved out or not? are they making you re-verify bank info or not? you seems to state you have used them before and it worked fine? Coinbase has limits set on my account as I am sure with everyone else. you seem to talk in circles...you have plenty of other exchanges to use with a lot looser rules and regs...good luck

Please do not jump to conclusions - read the thread and all the details are here - I have not gone around in circles - while using them for years this was the one and only time I tried to withdraw fiat to my bank account from Coinbase and I never managed to do it - next post shows how I got it out in the end - I am not interested in looser rules - I just want an Exchange to stick to their side of the bargain.