<p>The factors that matter for any cash-out decision are:</p>

<ul>
<li>Where are you located (country)? (you mention UK)</li>
<li>How much are you looking to trade?</li>
<li>What type of cash are you looking to receive? (you mention bank transfer or PayPal)</li>
<li>How soon do you need access to the proceeds?</li>
<li>Is privacy important?</li>
</ul>

<p>Specifically for cash-out to PayPal, options include:</p>

<ul>
<li><a href="http://www.FastCash4Bitcoins.com" rel="nofollow">http://www.FastCash4Bitcoins.com</a> (among the lowest fees, funds not always available though)</li>
<li><a href="http://www.VirWoX.com" rel="nofollow">http://www.VirWoX.com</a> (BTC --> SLL, SLL --> USD)</li>
</ul>

<p>BitBargain is probably your best method:</p>

<ul>
<li><a href="https://bitbargain.co.uk" rel="nofollow">https://bitbargain.co.uk</a></li>
</ul>

<p>Or, of course, you have many local cash out methods:</p>

<ul>
<li><a href="https://localbitcoins.com/postal_code/uk/london/" rel="nofollow">https://localbitcoins.com/postal_code/uk/london/</a></li>
</ul>

<p>And there are local traders who will buy your coins:</p>

<ul>
<li><a href="http://bitcointalk.org/index.php?action=profile;u=65105" rel="nofollow">http://bitcointalk.org/index.php?action=profile;u=65105</a></li>
<li><a href="http://bitcointalk.org/index.php?topic=130949.0" rel="nofollow">http://bitcointalk.org/index.php?topic=130949.0</a></li>
</ul>

<p>You might be able to find someone willing to trade over-the-counter (OTC) but you only want to do this with a trusted counterparty.  The #bitcoin-otc marketplace's Web of Trust (WoT) will help as it has a trust history.</p>

<ul>
<li><a href="http://www.Bitcoin-OTC.com" rel="nofollow">http://www.Bitcoin-OTC.com</a></li>
<li><a href="http://webchat.freenode.net/?channels=#bitcoin-otc-foyer" rel="nofollow">http://webchat.freenode.net/?channels=#bitcoin-otc-foyer</a></li>
<li><a href="http://webchat.freenode.net/?channels=#bitcoin-otc-uk" rel="nofollow">http://webchat.freenode.net/?channels=#bitcoin-otc-uk</a>  &lt;-- Specific to UK</li>
</ul>

<p>Here are more cash-out options:</p>

<ul>
<li><a href="http://en.bitcoin.it/wiki/Selling_bitcoins" rel="nofollow">http://en.bitcoin.it/wiki/Selling_bitcoins</a></li>
</ul>

CC BY-SA 3.0
2013-03-07T22:20:43.413Z
Where are you located (country)? (you mention UK) Yep UK

How much are you looking to trade? It will be small amounts to start till I get my mining rigs up

What type of cash are you looking to receive? (you mention bank transfer or PayPal) Either of those would be great

How soon do you need access to the proceeds? if it takes a week it would not bother me.

Is privacy important? meh 50/50 really. Also I live about 6 hours from london so sites like that don't work for me.
Humanxlemming
CC BY-SA 3.0
2013-03-07T22:25:55.580Z
Sorry forgot to add this bit and the other comment looks horrible not worked out the proper spacing in comments on this site yet. I can't use http://www.fastcash4bitcoins.com/ because it is made for american transfers only.
Humanxlemming
CC BY-SA 3.0
2013-03-07T22:29:38.107Z
`not worked out the proper spacing in comments on this site yet` I like to surround the part I'm quoting in tilde marks, like \`this\`
Nick ODell
CC BY-SA 3.0
2013-03-07T21:45:52.660Z
2013-03-07T21:57:45.677Z
2013-03-07T21:57:45.677Z
Stephen Gornick
<p>I would sell them on LocalBitcoins. The current link is <a href="http://localbitcoins.com" rel="nofollow">http://localbitcoins.com</a> That way, the buyer's money is transferred directly to your U.K. bank account.</p>

<p>Another site that does the same thing is BitBargain.  The link is <a href="http://bitbargain.co.uk" rel="nofollow">http://bitbargain.co.uk</a>.</p>

CC BY-SA 3.0
2013-10-24T11:09:10.277Z
2013-10-24T12:52:52.937Z
2013-10-24T12:52:52.937Z
zkilnbqi
<p>Bitstamp allows international withdrawals as long as you have a bic and swift code. YOU CAN Withdraw a minimum of $10 usd</p>

CC BY-SA 3.0
2015-03-12T22:00:42.367Z
2015-03-12T22:00:42.367Z
nayyan
<p>Does anyone know the best way to change bitcoins into pounds (GBP), then do a bank transfer or paypal transfer? I've found some, but they take a week.</p>

<buy-bitcoins><sell-bitcoins><wire-transfers>
How do I transfer bitcoins into a United Kingdom bank account?
Humanxlemming
# How do I transfer bitcoins into a United Kingdom bank account?

(Asked by: username_0 on 2013-03-07)

Does anyone know the best way to change bitcoins into pounds (GBP), then do a bank transfer or paypal transfer? I've found some, but they take a week.

**Tags:** buy-bitcoins, sell-bitcoins, wire-transfers


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## 3 answers

### Answer by username_1 on 2013-03-07. Score: 1

The factors that matter for any cash-out decision are:

* Where are you located (country)? (you mention UK)
* How much are you looking to trade?
* What type of cash are you looking to receive? (you mention bank transfer or PayPal)
* How soon do you need access to the proceeds?
* Is privacy important?

Specifically for cash-out to PayPal, options include:

* <http://www.FastCash4Bitcoins.com> (among the lowest fees, funds not always available though)
* <http://www.VirWoX.com> (BTC --> SLL, SLL --> USD)

BitBargain is probably your best method:

* <https://bitbargain.co.uk>

Or, of course, you have many local cash out methods:

* <https://localbitcoins.com/postal_code/uk/london/>

And there are local traders who will buy your coins:

* <http://bitcointalk.org/index.php?action=profile;u=65105>
* <http://bitcointalk.org/index.php?topic=130949.0>

You might be able to find someone willing to trade over-the-counter (OTC) but you only want to do this with a trusted counterparty. The #bitcoin-otc marketplace's Web of Trust (WoT) will help as it has a trust history.

* <http://www.Bitcoin-OTC.com>
* <http://webchat.freenode.net/?channels=#bitcoin-otc-foyer>
* <http://webchat.freenode.net/?channels=#bitcoin-otc-uk> <-- Specific to UK

Here are more cash-out options:

* <http://en.bitcoin.it/wiki/Selling_bitcoins>

> **Comments:**
> **username_0**: Where are you located (country)? (you mention UK) Yep UK  How much are you looking to trade? It will be small amounts to start till I get my mining rigs up  What type of cash are you looking to receive? (you mention bank transfer or PayPal) Either of those would be great  How soon do you need access to the proceeds? if it takes a week it would not bother me.  Is privacy important? meh 50/50 really. Also I live about 6 hours from london so sites like that don't work for me.  
> **username_0**: Sorry forgot to add this bit and the other comment looks horrible not worked out the proper spacing in comments on this site yet. I can't use http://www.fastcash4bitcoins.com/ because it is made for american transfers only.  
> **username_2**: `not worked out the proper spacing in comments on this site yet` I like to surround the part I'm quoting in tilde marks, like \`this\`  

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### Answer by username_3 on 2013-10-24. Score: 0

I would sell them on LocalBitcoins. The current link is <http://localbitcoins.com> That way, the buyer's money is transferred directly to your U.K. bank account.

Another site that does the same thing is BitBargain. The link is <http://bitbargain.co.uk>.


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### Answer by username_4 on 2015-03-12. Score: 0

Bitstamp allows international withdrawals as long as you have a bic and swift code. YOU CAN Withdraw a minimum of $10 usd


---

