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Hello fellow hodlers For some the day is near, others need/want to wait, but ultimately some of us will sell our zerps and convert back to fiat. I want to collect some thoughts on this process. The only regulated exchange I know is Bitstamp and apparently they are OK, but I haven't transferred to them amounts beyond five-figure. I've never transferred fiat back from them to my bank either. I understand that nobody with a sane mind will post here and say: "Sure it works, I transferred back and forth a couple of millions of EUR already", but I hope we can share some insights. I know some of the old time hodlers here have become very rich 7-9 figure rich, that is. So, how do you plan on handling the issue? Technically, Bitstamp, and any other fiat accepting exchange are pure exchanges, matching my sell order with buy orders, so they should HAVE my cash, and not just on paper, but in their accounts, since somebody (multiple people) will have bought my XRP. I'm more concerned with the exchanges playing funny games and stuff. I consider this a very serious topic and I don't want any FUDsters posting market cap nonsense. I will cash out $ millions one day and so please stay away if you have nothing practical and applicable to contribute. How will you people handle this? Also: Bitstamp told me they'll ask fore "additional info", should they need to make a large payment. When I asked what kind of info, they refused to tell me. Has anybody been subject to their additional due diligence yet? Thank you.
About two weeks i'm waiting on my transfer of EUR to my bankaccount from the Gatehub wallet. Still nothing recieved. My TX hash seems to be allright and the transfer has been done, but still nothinh in my bankaccount. I've send several e-mail to the Gatehub support with all the info i have about the payment. But still no response. Are they non-existing or is there something else going on. A complete silence. Someone has similar experiences ? Any tips ? Help ? It's about a lot of money that's missing right now. And that for two weeks allready. Help !?
Launching Instant payment in Belgium 2018 is one of the headliners in news bulletin in Belgium today. But in november coming SEPA will launch it already. See link: https://www.europeanpaymentscouncil.eu/what-we-do/sepa-instant-credit-transfer Is this backed by Ripple and will this be announced on SWELL? Also found a reddit thread:
Hi, I watched the videos below but I have some questions. Could you please tell me if my understanding is correct and answer some questions? They have a USA bank associate with him (Bank of America) and they also have a Fidor account. EUR gateway: software that Ripple Labs developed. Fidor sync: - plugin that listen to both sides; - listens for new transactions; - initiates a SEPA transfer using that information; - update status to successful QUESTIONS: 1) So SEPA don't know and doesn't need to know about Ripple network? It just execute a bank transaction created by Fidor? But in order to do this, Fidor actually needs to debit from one of its real bank accounts to transfer to the beneficiary, right? Because Fidor actually didn't receive euros, only issuance in euros. 2) How does it create an issuance from its USA dollars? Would it need to buy the issuance from some gateway? But from whom the first gateway bought issuance from?????!!!!! Thank you very much!!!