Sending BitUSD to a fiat bank account

[mike623317]

obtaining a banking license takes time .. i have yet to meet an existing bank that is willing to go that route with bitassets

I agree and expected that. Hopefully more options will open up as time goes on.
So for now, openledger offer a debit card that you can preload dont they?

[xeroc]

obtaining a banking license takes time .. i have yet to meet an existing bank that is willing to go that route with bitassets

[yvv]

The only fiat ramps are currently provided by open ledger and transwizer. If you are not in EU or China, you are shit of luck.

[mike623317]

Hi Guys,

I was wondering if there has been any discussion regarding the ability to send fiat smartcoin value back to a fiat bank. I'm not sure how that would work, but im thinking about usability.

It would be great if at some point in the future we could take $5,000 of bitUSD and transfer it to someones account a fiat bank in payment for something.

Yes it would be great if the recipient had a bitshares address, but im just thinking about utility.

Thanks