Post
Topic
Board Exchanges
Re: www.BITSTAMP.net Bitcoin exchange site for USD/BTC
by
Lauda
on 27/11/2013, 22:59:39 UTC
No it does not have/use SEPA.

Just provide Bitstamp with IBAN and SWIFT/BIC (which predates SEPA) for your bank account and you'll be fine.

- Bitstamp will instruct their bank Unicredit to transfer you xx.yy USD
- Unicredit will perform a USD>EUR conversion at almost zero costs,
- Unicredit will send EUR to your bank
- Your bank will convert EUR to your local currency

The end.

IBAN is the number that you can find on the recipient when withdrawing from ATM right (aside from the document that you receive when making the account)?
Seems simple enough. Thanks.