Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
I know this is a little off topic but whatever.
I decided this seemed like it was the best method for a UK miner (like myself). So I went to my bank today to open a Euro account and they want to charge me to have this account open and i have to have a minimum of $2000 worth of Euros in it at all times! So I told them to stick it up their arse!
Back to square one
Unless... Does anyone know if you can do a sepa transfer of Euro's directly into a GBP current account?
I decided this seemed like it was the best method for a UK miner (like myself). So I went to my bank today to open a Euro account and they want to charge me to have this account open and i have to have a minimum of $2000 worth of Euros in it at all times! So I told them to stick it up their arse!
Back to square one
Unless... Does anyone know if you can do a sepa transfer of Euro's directly into a GBP current account?
Take a look at bitstamp.net or ibwt.co.uk.
Bitstamp allow you to cash out with wire transfers to sterling accounts.
ibwt.co.uk have actually just started allowing deposits straight in to sterling accounts - https://ibwt.co.uk/files/News%20Release%2007-01-14.pdf - low volume but hopefully this encourages people to trade there with £.
Your other option is to look at hsbc for an account, they have the lowest SEPA fees (£4 I think) but I'm not sure if you have to keep a certain amount of cash in the account.