# New/more-refined settlement methods? (clearXchange) **URL:** \ **Category:** Payment methods\ **Created:** [August 22, 2016, 10:25am UTC](https://bisq.community/t/new-more-refined-settlement-methods-clearxchange/511 "2016-08-22T10:25:00Z")\ **Posts on this page:** 20\ **Page:** 2
**Author:** ![ManfredKarrer](https://bisq.community/user_avatar/bisq.community/manfredkarrer/32/26_2.png) [@ManfredKarrer](https://bisq.community/u/ManfredKarrer)\ **Post date:** [August 26, 2016, 12:01pm UTC](https://bisq.community/t/new-more-refined-settlement-methods-clearxchange/511/21 "2016-08-26T12:01:11Z")
Yes right, will add it. ---
**Author:** ![ManfredKarrer](https://bisq.community/user_avatar/bisq.community/manfredkarrer/32/26_2.png) [@ManfredKarrer](https://bisq.community/u/ManfredKarrer)\ **Post date:** [August 26, 2016, 12:55pm UTC](https://bisq.community/t/new-more-refined-settlement-methods-clearxchange/511/22 "2016-08-26T12:55:50Z")
If any one use the new dev test release, please don’t publish offer with the new payment methods yet, as that would cause problems in the existing version! ---
**Author:** ![dmp1ce](https://bisq.community/user_avatar/bisq.community/dmp1ce/32/179_2.png) [@dmp1ce](https://bisq.community/u/dmp1ce)\ **Post date:** [August 26, 2016, 3:56pm UTC](https://bisq.community/t/new-more-refined-settlement-methods-clearxchange/511/23 "2016-08-26T15:56:23Z")
@ManfredKarrer clearXchange looks like a nice service, but isn’t the main part of bitsquare is that it is peer-to-peer. What about people, like me, who don’t want to add another organization as a third party to the transaction? ---
**Author:** ![ManfredKarrer](https://bisq.community/user_avatar/bisq.community/manfredkarrer/32/26_2.png) [@ManfredKarrer](https://bisq.community/u/ManfredKarrer)\ **Post date:** [August 26, 2016, 4:44pm UTC](https://bisq.community/t/new-more-refined-settlement-methods-clearxchange/511/24 "2016-08-26T16:44:31Z")
As far I understand clearXchange it is just a kind of payment processor on top of Banks. Their own Paypal if you like… I think if you have a bank account with one of the supporter banks you can actiavte it and do person to person transactions. They don’t know/see anything about Bitsquare, so it is the same liek wiht normal Bank transfers. Please correct me if my assuptions are wrong! ---
**Author:** ![dmp1ce](https://bisq.community/user_avatar/bisq.community/dmp1ce/32/179_2.png) [@dmp1ce](https://bisq.community/u/dmp1ce)\ **Post date:** [August 26, 2016, 8:54pm UTC](https://bisq.community/t/new-more-refined-settlement-methods-clearxchange/511/25 "2016-08-26T20:54:07Z")
I think your description of clearXchange is accurate. I just don’t want my transactions to be seen by yet another company if I don’t have to. ---
**Author:** ![BlueCustard](https://bisq.community/letter_avatar/bluecustard/32/6_22734026db12803ebb3e059622ac3534.png) [@BlueCustard](https://bisq.community/u/BlueCustard)\ **Post date:** [August 28, 2016, 6:02am UTC](https://bisq.community/t/new-more-refined-settlement-methods-clearxchange/511/26 "2016-08-28T06:02:36Z")
Hmmm interesting question. The site says you only have to know the recipient’s email or mobile phone number. There is a place to enter the name and that’s definitely where they should up in your QuickPay “address book”. I guess if someone else out there has a US Bank account we could do a small test transfer to see what happens if you put in something that isn’t the person’s name. That may be the best way to find out :-D. Any takers? Any US people out there with a bank account I can send to? ---
**Author:** ![in-cred-u-lous](https://bisq.community/letter_avatar/in-cred-u-lous/32/6_22734026db12803ebb3e059622ac3534.png) [@in-cred-u-lous](https://bisq.community/u/in-cred-u-lous)\ **Post date:** [August 28, 2016, 9:40am UTC](https://bisq.community/t/new-more-refined-settlement-methods-clearxchange/511/27 "2016-08-28T09:40:36Z")
@BlueCustard I placed an offer now for buying BTC via clearXchange. Will be glad to test this with you. ---
**Author:** ![BlueCustard](https://bisq.community/letter_avatar/bluecustard/32/6_22734026db12803ebb3e059622ac3534.png) [@BlueCustard](https://bisq.community/u/BlueCustard)\ **Post date:** [August 29, 2016, 4:24am UTC](https://bisq.community/t/new-more-refined-settlement-methods-clearxchange/511/28 "2016-08-29T04:24:54Z")
Done! I’ve just sent the payment, and it seems it has been accepted 🙂 ---
**Author:** ![BlueCustard](https://bisq.community/letter_avatar/bluecustard/32/6_22734026db12803ebb3e059622ac3534.png) [@BlueCustard](https://bisq.community/u/BlueCustard)\ **Post date:** [August 29, 2016, 4:38am UTC](https://bisq.community/t/new-more-refined-settlement-methods-clearxchange/511/29 "2016-08-29T04:38:39Z")
I just sent payment for a transaction and for ‘Recipient name’ I just entered “in-cred-u-lous”, it seems the payment has gone through just fine, so though there is a place to enter the name, I don’t think it matters what you put in there. I also went back afterwards and could verify the payment via the web page. The redacted image: ![](https://bisq.community/uploads/default/original/1X/df88511a4f6c7146a31fecb42f53196af4b8496d.png) Note it says payment “hasn’t been completed” I guess this is the part where the actual transfer happens via ACH and will take some period of time. ---
**Author:** ![in-cred-u-lous](https://bisq.community/letter_avatar/in-cred-u-lous/32/6_22734026db12803ebb3e059622ac3534.png) [@in-cred-u-lous](https://bisq.community/u/in-cred-u-lous)\ **Post date:** [August 29, 2016, 5:53am UTC](https://bisq.community/t/new-more-refined-settlement-methods-clearxchange/511/30 "2016-08-29T05:53:51Z")
Three things: 1. The clearXchange offer (which above seems to have been accepted by BlueCustard) does not appear in my Open Trades tab and it still appears Available Offers under US Dollars (USD). So, my offer through BitSquare has not been accepted. 2. I have not received a notification by phone, email or online from my bank that is connected to clearXchange. 3. My clearXchange offer was for 0.1 BTC (~58 USD) but BlueCustard above has initiated a transfer of $290.30 ---
**Author:** ![ManfredKarrer](https://bisq.community/user_avatar/bisq.community/manfredkarrer/32/26_2.png) [@ManfredKarrer](https://bisq.community/u/ManfredKarrer)\ **Post date:** [August 29, 2016, 9:16am UTC](https://bisq.community/t/new-more-refined-settlement-methods-clearxchange/511/31 "2016-08-29T09:16:16Z")
I have seen 2 offers, it seems @BlueCustard has taken another offer. @BlueCustard could you check which trade ID you have? ---
**Author:** ![ManfredKarrer](https://bisq.community/user_avatar/bisq.community/manfredkarrer/32/26_2.png) [@ManfredKarrer](https://bisq.community/u/ManfredKarrer)\ **Post date:** [August 29, 2016, 9:16am UTC](https://bisq.community/t/new-more-refined-settlement-methods-clearxchange/511/32 "2016-08-29T09:16:31Z")
Great thanks for testing it! ---
**Author:** ![BlueCustard](https://bisq.community/letter_avatar/bluecustard/32/6_22734026db12803ebb3e059622ac3534.png) [@BlueCustard](https://bisq.community/u/BlueCustard)\ **Post date:** [August 29, 2016, 1:54pm UTC](https://bisq.community/t/new-more-refined-settlement-methods-clearxchange/511/33 "2016-08-29T13:54:50Z")
Uh-oh, yeah, sorry, I just took the first offer I noticed in the list and it was indeed for 0.5 BTC. Ooops! The trade I submitted a transaction for was ae6ad4af. ---
**Author:** ![BlueCustard](https://bisq.community/letter_avatar/bluecustard/32/6_22734026db12803ebb3e059622ac3534.png) [@BlueCustard](https://bisq.community/u/BlueCustard)\ **Post date:** [August 29, 2016, 2:11pm UTC](https://bisq.community/t/new-more-refined-settlement-methods-clearxchange/511/34 "2016-08-29T14:11:09Z")
Ok, so I guess your offer was to sell 0.1 bitcoin? I accepted that offer too, 1f73a3c1. Buy high, sell low! Ooops, wait, now that wasn’t it was it? ---
**Author:** ![in-cred-u-lous](https://bisq.community/letter_avatar/in-cred-u-lous/32/6_22734026db12803ebb3e059622ac3534.png) [@in-cred-u-lous](https://bisq.community/u/in-cred-u-lous)\ **Post date:** [August 29, 2016, 3:19pm UTC](https://bisq.community/t/new-more-refined-settlement-methods-clearxchange/511/35 "2016-08-29T15:19:34Z")
@BlueCustard Yeah thats what I thought but now I see I made a mistake and actually made an offer to buy 0.1 bitcoin. Well… lets test it both ways then. ---
**Author:** ![in-cred-u-lous](https://bisq.community/letter_avatar/in-cred-u-lous/32/6_22734026db12803ebb3e059622ac3534.png) [@in-cred-u-lous](https://bisq.community/u/in-cred-u-lous)\ **Post date:** [August 29, 2016, 7:29pm UTC](https://bisq.community/t/new-more-refined-settlement-methods-clearxchange/511/36 "2016-08-29T19:29:16Z")
@ManfredKarrer It is not possible to select and copy the Account holder name or Email/mobile no. when starting a clearXchange payment. Can this be fixed in a future version? ---
**Author:** ![ManfredKarrer](https://bisq.community/user_avatar/bisq.community/manfredkarrer/32/26_2.png) [@ManfredKarrer](https://bisq.community/u/ManfredKarrer)\ **Post date:** [August 29, 2016, 7:44pm UTC](https://bisq.community/t/new-more-refined-settlement-methods-clearxchange/511/37 "2016-08-29T19:44:37Z")
Upps… Yes will fix tha tfor the next version ---
**Author:** ![BlueCustard](https://bisq.community/letter_avatar/bluecustard/32/6_22734026db12803ebb3e059622ac3534.png) [@BlueCustard](https://bisq.community/u/BlueCustard)\ **Post date:** [August 30, 2016, 1:14am UTC](https://bisq.community/t/new-more-refined-settlement-methods-clearxchange/511/38 "2016-08-30T01:14:18Z")
Ummm, perhaps my email address should be obscured here? 😉 ---
**Author:** ![BlueCustard](https://bisq.community/letter_avatar/bluecustard/32/6_22734026db12803ebb3e059622ac3534.png) [@BlueCustard](https://bisq.community/u/BlueCustard)\ **Post date:** [August 30, 2016, 1:15am UTC](https://bisq.community/t/new-more-refined-settlement-methods-clearxchange/511/39 "2016-08-30T01:15:53Z")
Yup, looks like payment is in process so let’s see how long it takes to settle, I just “accepted” the payment and the bank says processing. Thanks! ---
**Author:** ![in-cred-u-lous](https://bisq.community/letter_avatar/in-cred-u-lous/32/6_22734026db12803ebb3e059622ac3534.png) [@in-cred-u-lous](https://bisq.community/u/in-cred-u-lous)\ **Post date:** [August 30, 2016, 5:50am UTC](https://bisq.community/t/new-more-refined-settlement-methods-clearxchange/511/40 "2016-08-30T05:50:08Z")
Oh crap, sorry about that! I took away the pic. [Previous page](https://bisq.community/t/new-more-refined-settlement-methods-clearxchange/511.md?page=1) [Next page](https://bisq.community/t/new-more-refined-settlement-methods-clearxchange/511.md?page=3)