JOHNNY DOETHE LIFE WHISPERER

Receive BTC payments and withdrawal to bank account

rbmail

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rbmailNew MemberAuthor
Joined
Feb 2020
Messages
14

#1

Hello,

I sell digital products and my customers pay for these products with cryptocurrencies, what is the best solution for receiving payments from my customers (btc) and transferring the funds to my company bank account in my local country?

Regards

RB

JohnLockeOffshoreCorpTalk owner
Joined
Dec 2008
Messages
15,888

#2

We are using coinbase and their payment gateway to accept btc as well as other alt coin payments. Once received they get transfered to kraken to be finally withdrawn to the corporate account.

This has been working very well since the implementation last year.

rbmailNew MemberAuthor
Joined
Feb 2020
Messages
14

#3

Thanks for the information, I was thinking of using coinbase to receive payments and transfer them to my company's bank account, but I read in some topics that banks can block my account with these transactions because they are of "cryptocurrency" origin, that's true?

SpinatFake user - Alias of JohnLocke
Joined
Jan 2009
Messages
2,452

#4

Some banks can do that if you don't have any documents to support the transactions. But I have seen real local banks which accept payments from kraken without asking for anything.

rbmailNew MemberAuthor
Joined
Feb 2020
Messages
14

#5

blueweb said:

Some banks can do that if you don't have any documents to support the transactions. But I have seen real local banks which accept payments from kraken without asking for anything.

Thanks for the help ! :)

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