Post
Topic
Board Project Development
Re: [ANN]Cryptopay - UK bitcoin payment processing
by
facade
on 27/10/2013, 21:21:27 UTC
Hi facade


I'm looking for a solution exactly like that and exactly in UK for my hardware project. Yet I know that in UK any bitcoin-related business is likely to get rejected by the local banks, or shut down after short time operating (like IBWT was shut down just recently).

So what bank you're using and are they aware of your services and business model? How reliable is your bank relationship?


Regards,
Alex

Hi Alex,

Thanks for your questions. We have been working with several UK banks at the moment (Barclays and HSBC) and we have provided all the paperwork, which satisfied the business department, because according to the business model we are acting as an intermediary without dealing with Bitcoin to fiat conversion directly.

As we are aware, that this kind of activity is highly unwanted among banks here we have setup a backup plan with both Hong Kong and German banks, who were happy to assist us.



I have found some bugs and have some improvements for your website - Could you please send me your e-mail? Or should I post it here?

Hi CryptCard, I've sent you an email via PM. Do not hesitate to contact me. Thanks