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I have been trying to get a low 4 figure amount of money transferred from my Coinbase/GDAX account to some bank account I control since January 27th. The first
by njarboe 9y ago
I have been trying to get a low 4 figure amount of money transferred from my Coinbase/GDAX account to some bank account I control since January 27th. The first one failed because the first name on my 25 year old bank account was my nickname and not my official legal name. Ok, fine. After 9-11 we all need to make sure that our names are all the same everywhere and never change. But this has never been a problem for me before.
Then the transfer to my other bank account also failed. I can't say for sure why, as they never tell you what the problem is specifically, but I think it is because my other bank account does not have my middle name. First and last name match exactly. On further inspection, the Coinbase site has Legal Name with only two boxes and my first and middle name are put in the first box. Does this mean my first name has been incorrectly entered by Coinbase?
Also, giving my banking account name and password is not something I have done for any other site online ever. If I knew that was required for transferring funds to my checking account, I would have likely not have signed up.
Hopfully this gets cleared up at some point. Now that the price of bitcoin is not skyrocketing, they should have some slowdown in new accounts and can catch up a bit on the service side.