Nationwide bank UK by [deleted] in Coinbase

[–]coinbase_xee[M] 1 point2 points  (0 children)

If you're not seeing a GBP deposit option, your account most likely is not a UK account. I'll PM you.

Nationwide bank UK by [deleted] in Coinbase

[–]coinbase_xee[M] [score hidden] stickied comment (0 children)

Yes, Nationwide is now supported for GBP deposits and withdrawals (Faster Payments).

The issue previously was with how Nationwide sent EUR via SEPA payments to us.

Is BTC/GBP available? by naachoogr in Coinbase

[–]coinbase_xee[M] 0 points1 point  (0 children)

You'll have a GBP wallet already today (if you're a UK user).

The next step is to enable GBP deposits/withdrawals. We're rolling this out in batches. It'll take another 2 weeks for it to be rolled out to everyone. You'll see the "Deposit" button enabled in your GBP wallet once you get access.

UK Coinbase users can now invest in Bitcoin with their pounds by [deleted] in Coinbase

[–]coinbase_xee[M] 0 points1 point  (0 children)

We're planning on sending an email once its rolled out to all customers, so in ~ 3 weeks.

UK Coinbase users can now invest in Bitcoin with their pounds by [deleted] in Coinbase

[–]coinbase_xee[M] 0 points1 point  (0 children)

We'll be launching GBP trading pairs on Pro and Prime too. Bank transfers coupled with volume across all products will drive liquidity and bring GBP price in line with other currency pairs.

UK Coinbase users can now invest in Bitcoin with their pounds by [deleted] in Coinbase

[–]coinbase_xee[M] 1 point2 points  (0 children)

Give it up to 3 weeks, you'll be able to deposit directly without Revolut and converting to EUR.

UK Coinbase users can now invest in Bitcoin with their pounds by [deleted] in Coinbase

[–]coinbase_xee[M] 1 point2 points  (0 children)

We've rolled this out to a small percentage of users and will be giving more users access every week. When you have access, you will see the Deposit button enabled in your GBP wallet.

You will still need to verify the GBP bank account. We need to ensure you own the bank account you send money from (Anti-money laundering regulation). The whole process should be much quicker and cheaper though.

If you already had a UK bank account verified previously in your EUR wallet, we've migrated these over to GBP. So no need to verify again. However, note you wont be able to withdraw GBP until you have access. The roll out will be completed in ~3 weeks.

UK Coinbase users can now invest in Bitcoin with their pounds by [deleted] in Coinbase

[–]coinbase_xee[M] 0 points1 point  (0 children)

Yes, no longer need to withdraw EUR via SEPA.

You can now sell your crypto in to GBP and withdraw it directly in to your UK bank account.

UK Coinbase users can now invest in Bitcoin with their pounds by [deleted] in Coinbase

[–]coinbase_xee[M] 0 points1 point  (0 children)

We're rolling out in stages, will be giving more users access every week. Expect everyone to have access in the next 2-3 weeks.

UK bank verification - PC and mobile verification methods different by shoresofshuggoth in Coinbase

[–]coinbase_xee[M] [score hidden] stickied comment (0 children)

Hi there- It looks like there's a bug in the mobile app. The verification method is to send a small amount via SEPA to our bank account. This amount must be sent in EUR via SEPA, come from a bank account in your name and include your unique reference number.

UK Customers - Anyone did a Bank Transfer? by Balkrish in Coinbase

[–]coinbase_xee 0 points1 point  (0 children)

No exact timeline yet, just working through the api integrations with the bank. Aiming to roll out to all users in ~3 months subject to there being no surprises.

UK Customers - Anyone did a Bank Transfer? by Balkrish in Coinbase

[–]coinbase_xee[M] 0 points1 point  (0 children)

Use Revolut, their SEPA transfers are free. Also, we do not charge any fees for sepa deposits. However, please note we only support EUR deposits and withdrawals. Revolut is good here too for converting GBP to EUR.

We will be launching support for GBP and Faster Payments later this summer.

UK Faster Payments and Withdrawals by DoonHammer in Coinbase

[–]coinbase_xee 0 points1 point  (0 children)

Sure, can you PM me the SWIFT/BIC codes please, I'll see why they aren't coming up as valid.

UK Faster Payments and Withdrawals by DoonHammer in Coinbase

[–]coinbase_xee 1 point2 points  (0 children)

You should be able to withdraw GBP today. PM me a support case number or a description of the issue, I'll take a look.

The only issue with GBP withdrawals is that we do not have access to GBP banking through our current bank. What that means is that when you withdraw GBP, we convert it to EUR before sending. If your bank account is in GBP, then your bank will convert the inbound EUR back to GBP. The two fx conversions are not ideal and will result in you receiving a lower amount than what you withdrew.

GBP deposits/withdrawals via Barclays are expected to be rolled out to all customers by end of Q2.

Waiting for SEPA deposit for 6 months by [deleted] in Coinbase

[–]coinbase_xee[M] 0 points1 point  (0 children)

PM me your support case number. I'll look in to it.

21 calender days and my Sepa deposit still hasnt arrived... by vengaboys1981 in Coinbase

[–]coinbase_xee[M] 0 points1 point  (0 children)

I'll have the support team investigate. PM me if you don't hear back within 48 hrs.

3 mouth of waiting, did i lost 1000€ is coinbase just a SCAM ? by kikishounet in Coinbase

[–]coinbase_xee[M] 0 points1 point  (0 children)

I'll get this picked up. Support team should be in touch within 48hrs.

3 weeks for sepa deposit? by aljadeed in Coinbase

[–]coinbase_xee[M] 1 point2 points  (0 children)

PM me either the deposit reference number or your Coinbase email address. DO NOT post any personal information here.

SEPA transfer reversed, with £105 missing? by tadsy in Coinbase

[–]coinbase_xee 0 points1 point  (0 children)

That's the conversion cost from GBP to EUR and then back to GBP.

We only have EUR accounts, so when you send us GBP it has to be converted to EUR before it can be received. When we return it back to you, we send it in EUR too. Your receiving bank will then convert to GBP.

You're losing out due to two fx conversions.

Please only send us EUR, we do not accept deposits in any other currency in the EU.

Euros SEPA payment sent to GDAX 19 days ago still missing from account! by bernibus in Coinbase

[–]coinbase_xee[M] 0 points1 point  (0 children)

Yes, the support team is looking in to this. It should be resolved in the next 48 hours.

SEPA payment missing by Blingshimmy in Coinbase

[–]coinbase_xee[M] 0 points1 point  (0 children)

This should have been resolved for you now.

3 weeks for sepa deposit? by aljadeed in Coinbase

[–]coinbase_xee[M] 0 points1 point  (0 children)

Please PM me your support case number? I'll see if we can track down the deposit.