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BTC-e Blames New US Policy for Wire Transfer Issues

European bitcoin exchange BTC-e is reportedly experiencing problems with US bank wires.

May 28, 2015 at 8:11 p.m. UTC
Updated Sep 11, 2021 at 11:42 a.m. UTC

BTC-e has announced that US dollar withdrawals and deposits sent via bank transfer could be delayed for as long as two weeks.

In a 28th May message posted by the BTC-e support team, the European digital currency exchange blamed “a new American policy” for the anticipated delays.

The message reads:

“Attention everyone who sends us US dollars and trying to withdrawal in US dollars through bank transfer. From tightened for a new American policy correspondence banks in relation to payment institutions deposits and withdrawals of US dollars delayed for 1-2 weeks.”

BTC-e did not immediately respond to a request for comment.

CoinDesk will continue monitoring this developing story.

Security image via Shutterstock

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