When a Bitcoin exchange says they have a "technical problem sending USD wires" what they mean is their bank has refused their wires.
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Replying to @patio11
Dumb question: What are the KYC requirements for *sending* wire transfers? I thought KYC was mainly between recving banks & their customers.
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Replying to @cperciva
Depends on the jurisdiction but generally the general flavor is "You need to know who is sending it, who is receiving it, purpose."
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For example if I wire JPY into USD from sending bank (JP) needs to know what I'll do and receiving bank (USD) needs to know source of funds.
7:52 AM - 26 Sep 2017
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