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Topic: Barclays closing bank accounts related to Bitcoin - page 2. (Read 4014 times)

member
Activity: 146
Merit: 10
I'm very curious actually, I'm going to branch today. Hopefully they will clarify this matter.

I'll update this thread.
legendary
Activity: 952
Merit: 1005
--Signature Designs-- http://bit.ly/1Pjbx77
I believe they are spooked by the POSSIBILITY of money laundering. So, they would rather have one less banking customer then a fine in the millions  Cool

I don't bank with Barclays, but they shouldn't be that bad. Have you actually spoke to them in person? Just drop in, pay-in a cheque or something and ask what the problem is.
member
Activity: 146
Merit: 10
Hi,

Just want to share my Barclays experience with you guys here.

I opened an account in Barclays so that I can sell or buy coins at bitbargain.co.uk. They opened my account and after 3 days I received a letter that they will be closing my account soon. They haven't given me any specific reason.

Then I came across to this post.

http://www.reddit.com/r/Bitcoin/comments/1sgcm6/my_bank_has_frozen_my_account_because_i_sent/

I have another account with Natwest and I have been using that account for buying coins from localbitcoins. My guess is that they did some sort of history check and didn't like that I have been buying Bitcoins. 

 
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