Silk Road forums
Discussion => Security => Topic started by: gustono on May 11, 2012, 03:45 pm
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Just found out people in the UK can deposit via Barclays bank, and I have heard there being a limit on how much you can deposit by cash deposit before them asking for ID.
Certainly wouldn't deposit more than 100pound at once, but seeing as I need a larger amount than 100 pounds it will be annoying to keep on depositing 50 pound increments, not to mention suspicous.
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Just found out people in the UK can deposit via Barclays bank, and I have heard there being a limit on how much you can deposit by cash deposit before them asking for ID.
Certainly wouldn't deposit more than 100pound at once, but seeing as I need a larger amount than 100 pounds it will be annoying to keep on depositing 50 pound increments, not to mention suspicous.
Hi gustono,
Thank you for the heads up. I sell Bitcoins in exchange for cash in the mail to people in the UK (Please see link below for more info). I can change larger amounts of cash for you if needs be via a bank account I have set up.
Barclays do have deposit points where you can leave cash but of course they could simply decline to deposit the cash above a certain amount and this is quite a gamble to take!
V.
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Vladmir I'm quite frankly annoyed at your constant advertisement of btc for cash service, as subtle as it may be, whenever I try to get a proper answer or solution to my problems you come and wave your service in everyones face.
Anyone other than vladmir have helpful discussion or thoughts on this?
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hes just trying to help... read on mtgox website its not that hard
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Vladmir I'm quite frankly annoyed at your constant advertisement of btc for cash service, as subtle as it may be, whenever I try to get a proper answer or solution to my problems you come and wave your service in everyones face.
Anyone other than vladmir have helpful discussion or thoughts on this?
Alright firstly gustono, I am well within my rights to mention the fact I operate a service of this nature in the UK - I was not proposing this as the only solution. If you are having difficulties depositing cash without showing ID however using an exchange service is one of the few options open to you - as far as I know I am the only one offering this service in the UK so at the moment(!) using a BTC exchanger in the UK amounts to the same thing - of course I welcome any healthy competition!
Secondly, as you'll read from my 300+ posts (including those in this thread) I have gone out of my way to be as kind and welcoming to newcomers to Silk Road and have offered tips for amongst other things:
- Full Disk Encryption
- Plausible Deniability (as it applies to encryption)
- Viable PGP software
- Money Laundering theory (if not actual methods)
- The basis of Public Key Cryptography.
Hell, I even started a thread about using book ciphers to protect your passwords from which people didn't even stand to gain a penny.
I really couldn't give a damn if you find it irritating or not - the only two surefire ways to obtain Bitcoin in complete safety is either to sell goods or buy BTC using cash. Any other method entails a risk of your transaction being traced - if you don't believe me why don't you look at the other dozen or so threads on this subject.
V.
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hes just trying to help... read on mtgox website its not that hard
+1 to Prawl for some much appreciated support. I was treated very kindly when a newcomer to SR and have tried to extend that kindness to people who don't understand the nature of Bitcoin as fully, something about pearls before swine I fear...
V.
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no worries mate you are trying to offer a service, some people might see it as you trying to get more sales but in the long term your benefiting people by giving them access to coins :)
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no worries mate you are trying to offer a service, some people might see it as you trying to get more sales but in the long term your benefiting people by giving them access to coins :)
That's the beauty of the Neo-Classical theory of economics my friend - your individual greed can actually benefit everyone if you provided a much needed product or service! :-)
V.
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Apologies for not being able to answer your question, but how does one go about a direct cash deposit with Barclays? I am not with Barclays, and I assume I don't need to be.
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Apologies for not being able to answer your question, but how does one go about a direct cash deposit with Barclays? I am not with Barclays, and I assume I don't need to be.
You'll need to get the account details and ref # from Mt Gox, then just pop into Barclays, pick up a deposit slip from behind the counter, fill it in and give it to the Cashier along with your money. They can be a bit slow at Barclays so make sure that you have them put the Ref # in or else your money won't be linked to your account.
V.
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Thanks, I will look into this. If it seems like too much trouble, I will use your service :)
Apologies again to OP for not answering their question.
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Thanks, I will look into this. If it seems like to much trouble, I will use your service :)
Apologies again to OP for not answering their question.
Yeah it's REALLY complicated you'd better use my service :-D No, just kidding, it's actually quite simple in theory. The risk is that it's not quite as anonymous as cash in the mail as you'll still be caught on the bank's CCTV and you'll have to fill in the deposit slip in your own handwriting and sign it. If the OP is to be believed there may be ID required for larger amounts.
I have been able to circumvent this problem for my business but I have the benefit of being in an offshore jurisdiction - any problems feel free to ask. Despite what others have to say on the subject I'm more than happy to help someone who's decided to take their chances with the banks. :-)
V.