if everything is good we will convert the EUR into BTC and send it to your bitcoin account.
So, if I understood you correctly, it is not possible to withdraw FIAT to a bank account! you have to reconvert the balance to BTC again to be able to withdraw it!
Excuse me for the dumb question, but what is the point of converting BTC to EURO in first place? also, aren't you going to suffer from huge losses whenever Bitcoin price drops?