Hi Bob, I know one or 2 people who have moved a reasonable amount of money through kraken.com
In my humble experience Kraken have been ok to deal with ... and seem cost effective enough compared to coinbase... they were faster to process verification than Bitstamp.. in our humble experience I hope this helps Tom Smyth On 16 February 2018 at 14:53, Bob Beck <[email protected]> wrote: > So, as some of you may know, the OpenBSD Foundation has accepted BitCoin > donations > for some time via BitPay.com > > BitPay was convenient for us since they will sell the BTC donations > immediately, and > convert to Canadian Dollars. We then periodically get bank transfers of > the balance, > and this works great. > > Obviously, for money laundering rules, we do need to provide them with some > documentation to prove the foundation's legitimacy, which we have > repatedly, and > this used to be not a problem. > > Lately they seem to have decided in spite of being in posession of > 1) A copy of two of our personal passports > 2) A copy of the Canadian Federal Incorporation documents for a not for > profit > 3) A copy of the Electric Bill for the address of record > 4) A copy of an invoice sent to the foundation at the address of record > 5) A copy of a bank statement from the foundation > > That they seem to be suspending our access to BitPay - this in spite of this > being the only documents they request from us and then they seem to say > they won't work - because apparently they don't understand Canada our > countries outside of the USA. > > So in short, bitPay has always been a bit of a pain for us, but now seems > to be > unable to be used by us. > > So, what I'm looking for is opinions on an online processor. Yes I am > aware they > charge fees, I am looking for convenience, basically, the ability to put a > button > on the foundation donation page that links to them. which will take a > donation > in BTC, convert it for us, and get it to us at a Canadian bank. What are > all you people using? > > For a number of reasons, we do *not* want to hold a bitCoin wallet > ourselves, and > be in the business of selling bitcoins, so please don't suggest this, and > No, we can't > have a bank account outside of Canada, so please don't suggest that either > :) -- Kindest regards, Tom Smyth Mobile: +353 87 6193172 The information contained in this E-mail is intended only for the confidential use of the named recipient. If the reader of this message is not the intended recipient or the person responsible for delivering it to the recipient, you are hereby notified that you have received this communication in error and that any review, dissemination or copying of this communication is strictly prohibited. If you have received this in error, please notify the sender immediately by telephone at the number above and erase the message You are requested to carry out your own virus check before opening any attachment.
