Post
Topic
Board Exchanges
Re: www.BITSTAMP.net Bitcoin exchange site for USD/BTC
by
wachtwoord
on 22/04/2014, 00:44:33 UTC
What is the maximum amount I can withdraw in fiat when I am verified on Bitstamp? Can't see it anywhere.. Thanks.

It depends on your bank, not on Bitstamp. They are more than happy if you do work through them. On the other hand your bank might not be impressed if it receives a 100k transfer.

Why is that? I never understood this. It's my money, the bank is merely allowed to hold it for me. Seriously, what do I pay those fuckers for?

They are the to inform the IRS if they see suspicious activity, and a 100k transfer is suspicious.

Okay so report it (even though I still have problems with that but okay). At least process the damn transfer instead of rejecting it.