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This seems reasonable to me, but does Ukraine not have banks that accept wire transfers? Can’t I just log into my US bank and do an international transfer to a

• wnzl 4y ago
  Speaking as person who lives in country next to UA. Yes you can - without problem. You can even deliver package without any single issue other than a bit higher cost. I do not understand how bitcoin would be better over bank controlled transaction.
  • lfodofod 4y ago
    > I do not understand how bitcoin would be better over bank controlled transaction. Because you get cash in Kiev within the hour, instead of in a couple of days.
    • prepend 4y ago
      An international wire transfer has been instantaneous when I’ve used them in the past. I’ve never sent to Ukraine, but have to UK, Nepal, Uganda, Tanzania, Kenya, Romania, Switzerland, Korea, and Australia. I haven’t timed it, but recipients all got the money same day. Does it take a long time in Kiev to process transfers? How does the recipient spend butcoin anyway? Wouldn’t they need to transfer it to a local bank before withdrawing as cash or whatnot?
      • lfodofod 4y ago
        > Wouldn’t they need to transfer it to a local bank before withdrawing as cash or whatnot? There are a bunch of exchange desks that will immediately exchange to paper USD. Want half a million dollars in cash within the hour? No problem.
• lfodofod 4y ago
  > but does Ukraine not have banks that accept wire transfers Of course they do, it’ll just take at least a day for the money to arrive.