20 Apr '17, 4pm

Wire Transfer Problems Worsen for Digital Currency Exchange Bitfinex

Wire Transfer Problems Worsen for Digital Currency Exchange Bitfinex

Digital currency exchange Bitfinex can't send wire transfers abroad due to its ongoing banking issues, representatives said today. Responding to users on Reddit , a rep for the firm said that despite initial signs to the contrary, outbound wire transfers are unavailable in Swiss francs and Hong Kong dollars. Bitfinex later released a formal statement on the matter. Initially, the rep said, wire transfers denominated in CHF and HKD were going out – but then "the vast majority of these wires were rejected over the course of the last week". Bitfinex went on to say: "We were advised by our banks that we would be able to process outbound wires in HKD and CHF, and while we were able to successfully process several such transactions, we are now being told that the moratorium is being extended to these currencies, as well. Domestic transfers in all currencies within Taiwan, howeve...

Full article: http://www.coindesk.com/wire-transfer-bitcoin-exchange-bi...

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