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Showing 2 of 2 results by fatcatz
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Board Bitcoin Discussion
Re: Bitcoin Trading Banks United Kingdom - Shut Down By Tide Bank
by
fatcatz
on 01/02/2018, 04:56:07 UTC
I don't think any UK banks are friendly to crypto sellers regardless of whether you are using a business or personal bank account. It's too high risk for them, closing your account is more profitable than the hassle/cost of AML and KYC checks it will bring later on.

Why don't you buy from one of those big traders then you will know which bank account they are using? My guess is they switch between a few accounts and/or are using accounts which can hide the trades ie they have businesses with a lot of deposits from non cryptocurrency sales.

Not many banks use Faster Payment so it's not a long list anyway.
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Topic
Board Beginners & Help
Re: Where to buy BTC - UK
by
fatcatz
on 03/11/2017, 09:26:43 UTC
I've used coinfloor several times without any problem. Depositing via bank transfer, placing orders then withdrawing BTC to my desktop wallet.

The only thing to watch out for is their bank account is located in Poland so bank transfers, in my case, arrive the next working day. I'm using Barclays to make the transfers.