I hear from some people that when selling a large amount of Bitcoin and having that money hit their UK bank account, the bank has froze their money or notified them they will close their account.
Other people say they had no issues and no one has said anything.
Have you have any problems and more importantly who gave you the best rates and was the least hassle to deal with.
Other people say they had no issues and no one has said anything.
Have you have any problems and more importantly who gave you the best rates and was the least hassle to deal with.
I've been wondering this myself, If you invest and make lots of money or have a significant amount of BTC, you can't exactly just drop it into your bank and have a large sum of Tax free FIAT. I guess we can hope that in the near future companies start to accept it BTC/Alts as payment for assets (Big/Small). I currently use Coinbase which seems quite user friendly with my bank (RBS) but I've only put money in so far (SEPA Payments), I was planning on doing a trial withdrawal but I didn't want to take any money out haha. So I still don't know what I will do in the future to cash in, if the worst comes worst, Lamborghini accept Bitcoin as payments i think
Good luck in your transactions and I hope they don't freeze your account!!!