Bank transfer is 1% with minimum fee £50 and minimum transfer £1,000
You were right. That definitely should not be an option.
I somehow missed the 'not less than £ 50'-clause.
There are definitely exchanges with a lower fee (e.g. kraken with just a few cents in ) but for occasional purchases this is quite ok.
Not sure but....
https://support.kraken.com/hc/en-us/articles/360000411106Note that SWIFT (SMBC) withdrawals were disabled at 12:00 PM (JST) on March 27, 2018.
This does only apply to people using their bank in japan to fund their account (
https://support.kraken.com/hc/en-us/articles/360000427883).
But not from outside of japan.
But nonetheless, kraken does not offer GBP withdrawals unfortunately. EUR wire withdrawals are available for a fee of 0.09 .