BTC and Banking

Hey all, I've noticed a lot of 'businesses' that operate on Bitcoin exchange sites and was wondering how they're receiving/sending bank transfers for BTC because I've also read stories of people getting their UK banks closed due to BTC transactions.

Anyone know if there are any banks that permit it or any input on the topic?

(mainly regarding UK)

 

bump

 

You can always trade your bitcoins for PP or the other way around as you are trusted.

 

Can use sites like localbitcoins.com. It is a website where private people buy/sell bitcoins. You can take any payment method you like (national bank transfer/paypal/etc.)

You can also resell for over actual value (102-105%)

I have not heard about anyone getting their bank account compromised for it.

Add my skype if you need help figuring anything out (in sig)

 

added

Can use sites like localbitcoins.com. It is a website where private people buy/sell bitcoins. You can take any payment method you like (national bank transfer/paypal/etc.)

You can also resell for over actual value (102-105%)

I have not heard about anyone getting their bank account compromised for it.

Add my skype if you need help figuring anything out (in sig)