Swedbank is censoring SEPA transactions to Bitstamp

Hi, I wrote another post yesterday about how it has been more difficult to buy Bitcoin for me as a customer of Swedbank. And I thought it was just an error but no, Swedbank is actually censuring transactions to Bitstamp's IBAN number SI56070000002199468. I've been messaging with them then just got a straight "we're not going to do the transaction to that IBAN number."

Then I called them to get a clearer understanding why. And the girl I talked to really tried her best not to sound like a robot when she repeatedly said the same thing as they wrote in the messages. Then I talked to another girl who started saying cliché things like AML/KYC, anti-terrorist, that bitcoin is anonymous, untraceable, scams, "must protect the customers" and bogus shit which I couldn't help me to correct her.

I really tried to get a hang of if it was Swedbank who thought it was something shady with Bitstamp or if it they didn't like Bitcoin. I asked them to escalate it further so I know why they are refusing to send my money where I want it.

Also it was really shady of Swedbank to not display it a better way that Swedbank customer can't send money to the IBAN number and how I found out by getting a generic error message in the last step when adding receivers.

Luckily this doesn't stop me from buying Bitcoin, cheers and hodl!



Submitted July 26, 2019 at 02:00AM by DGimberg https://ift.tt/32TsroP

Comments

Post a Comment

Popular posts from this blog

No, Bitcoin is not controlled by a small group of investors and miners (A rebuttal to the TechSpot article)

https://preview.redd.it/vli0ofqwf6w71.jpg?width=3840&format=pjpg&auto=webp&s=2a704c47375637858c27216379ae8313dadf8be8 This could be a long read. Kindly bear with me. I write this primarily in response to the TechSpot article from yesterday ( r/technology mods told me they only allow “ mainstream articles with editorial oversight and fact-checking ” so I'm sharing this here). But I’d also like to take this opportunity to write about Bitcoin more broadly as someone who has been following it for more than a decade and I’ll try to do so without complicating the conversation for anyone unfamiliar with Bitcoin. The TechSpot article cites a non-peer-reviewed National Bureau of Economic Research (NBER) working paper from Igor Makarov and Antoinette Schoar. NBER claims to be non-partisan but it is a private NPO funded by the likes of Bill Gates foundation . The chairman of NBER, Karen Horn, is a former president of the Federal Reserve Bank of Cleveland and Head of Int...
Read more

Day 9: I will post this guide regularly until available solutions like SegWit, order batching, and Lightning payment channels are mass adopted, the mempool is empty once again, and tx fees are low. Have you done your part?

BACKGROUND Segregated Witness (SegWit) was activated on the Bitcoin network August 24 2017 as a soft fork that is backward compatible with previous bitcoin transactions ( Understanding Segregated Witness ). Since that time wallets and exchanges have been slow to deploy SegWit, and the majority of users have not made the switch themselves. On Dec 18 2017 Subhan Nadeem has pointed out that: If every transaction in the Bitcoin network was a SegWit transaction today, blocks would contain up to 8,000 transactions, and the 138,000 unconfirmed transaction backlog would disappear instantly. Transaction fees would be almost non-existent once again . Mass SegWit use alone could empty the mempool, result in blocks that are not completely full, and make it possible to include transactions with $0 fee once again. On Jan 11 2018 when BTC sends went offline at Coinbase the mempool began to rapidly empty. Later in the day when service was restored there was a sharp spike up in the mempool . Subse...
Read more