Bawal ang Cryptocurrency sa Security Bank - page 4.

aervin11

full member

Activity: 602

Merit: 103

Quote from: Dabs on October 23, 2018, 07:58:40 PM

A source of income is from employment, or from profits running a business.

Yes. But it's not what the banks are thinking o siguro nung teller. They just didn't understand the whole thing when you say that "You are accepting cryptocurrencies like bitcoin in exchange for your services". I hate to say this but they aren't as informed as they must be and they are looking into these cryptocurrency as a "Money Laundering" business. Hirap kasi wala kang payslip na maipakita lalo na pag bounty hunting yung trabaho mo o promotional posts thru social media.

Choii

full member

Activity: 658

Merit: 106

Quote from: sheenshane on October 21, 2018, 01:03:33 AM

Quote from: clickerz on October 20, 2018, 10:39:38 PM

Quote from: Dabs on October 20, 2018, 09:02:11 AM

Advice for all: never tell your bank anything they don't need to know. If they ask, make up a story.

I deal with BDO, Landbank, SecurityBank, HSBC, BPI, BPI Family, BPI Direct, Robinsons, RCBC, all the pawnshops, all the pera padala, even cell phone loads of Globe, Smart and their smaller companies.

I use both coins.ph and rebit.ph as well as some international exchanges in Asia, in Europe, and in North America.

The few times the banks have asked for info, I just tell them I have a job, and that's where I put my money, pambayad ng bills, pambayad ng credit cards.

Never say crypto, never say bitcoin, never say litecoin, never say ethereum, never say pinoycoin or whatever-coin. I don't deposit "coins", I deposit checks or bills or electronic transfers.

Walang problema except 400k pesos per day limit ko sa coins. and 500k pesos per day limit sa rebit.

Salamat sir sa tip. Same situation sa karamihan ang nagayri sa akin. Ending, di ako na approve sa Security bank. Sinabi ko na galing sa freelance/online work ang source tapos nung tinanong regarding sa crypto, sabi ko minsan nag tetrade din Cheesy

Red flag pala ... Grin

I never had open bank account kasi maliit lang din naman kininkita ko sa crypto but now i have an idea if ever mag open ako ng account. Usually, I used remittance to withdraw my fund from Coins.ph kahit na may fee mabilis ang transaction d tulad ng bank matatagalan kapa sa pag transact lalo na pag hollidays.
Plano ko rin mag open ng account through Bank pero yan nga kinatakot ko kung paano ang sasabihin sa kanila but now i have already an idea.

Buti nalang nakita ko itung thread na ito. Atleast may idea rin ako kung anu-anung ang dapat sabihin sa kanila, kasi balak ko rin mag open ng account i think BDO or Security Bank or BPI dito sa amin. And malaking tulung yung advice mo sir dabs sa amin na balak mag open ng bank account..

rjbtc2017

sr. member

Activity: 322

Merit: 252

I opened an account on BDO and i said na investment on Bitcoin and primary source of income ko , and it is okay. You work from a bounty then you got paid with that and then you converted it with peso and cashed in on your account on Coins.ph. There is nothing wrong with that, maybe wrong choice of words lang on explaining the source of income na meron ka. I still have work nung nag open ako ng account sa BDO. Iniiwasan kasi ng bangko yung Money laundering, specially kung malaking pera yung kina cash in mo or dinedeposit mo, kalmahan mo lang, maybe 20K per week, not bagsakan. 50K lang pinakamalaki kong na cash in sa bangko from coins.ph.

mongkie

full member

Activity: 630

Merit: 102

Quote from: congresowoman on October 25, 2018, 01:23:18 AM

One of the reasons wht red flag pa din ang bitcoin and cryptos ay dahil wala pang nagaganap at nafoformulate na formal regulation patungkol dito. Kaya naman ang mga bangko ngayon ay limitado lang ang kaaalaman tungkol dito na nagdudulot kung bakit ayaw nila as much as possible na magprocess ng transactions na may kinalaman sa cryptocurrency. Malaki kasi ang chance din na magamit ang bangko nila bilang kasangkapan sa money laundering nang wala silang kaalam alam. Pero aa amin naman na security bank account holders, nakakapag transfer naman kami from coins.ph to security bank savings account.

oo kasi as of now draft palang ang regulation ng crypto sa pinas. mas maganda sana kung may matigas na na statement ang Bangko Sentral sa cryptocurrency. at isa pa, mahirap magbigay ng legit proofs ang bounty at trading of bitcoins.

Muzika

sr. member

Activity: 980

Merit: 261

Quote from: camsjennerzxc on October 31, 2018, 06:25:11 AM

Sa tingin ko pwede naman kase yung tropa ko nakapag withdraw sya doon pero may limit eh siguro hanggang 3k to 5k lang pwedeng iwithdraw sa isang araw. Actually hindi naman sya risky kase dun mo naman sya wiwithdrawin sa ATM machine.

Pwede kang magcash out thru security bank kahit na wala kang account sa kanila, ang point ni OP magoopen kasi sya ng account na marahil nasabi nya na ang source of income nya e from cryptocurrency kaya di siya pinayagan mag open, actually sa lahat ng banks kapag yun ang source of income mo talagang di ka nila papayagan mag open ng account sa kanila.

camsjennerzxc

newbie

Activity: 40

Merit: 0

Sa tingin ko pwede naman kase yung tropa ko nakapag withdraw sya doon pero may limit eh siguro hanggang 3k to 5k lang pwedeng iwithdraw sa isang araw. Actually hindi naman sya risky kase dun mo naman sya wiwithdrawin sa ATM machine.

iarsenaux15

copper member

Activity: 99

Merit: 1

Naalala ko tuloy nung nag cash out ako ng almost 400K from bitstamp papunta sa union bank ko wayback in 2013. Nagtataka ako kase 2 weeks na wala pa din yung pera sa bank account ko. Tapos may nareceive ako na letter from union bank, pinapapunta ako ng general manager nila sa Madrigal branch. Naka hold pala yung pera ko. Nagkwentuhan lang kame about sa source of income ko , namention ko din yung bitcoin and blockchain. Buti na lang hindi pa ganun kahigpit that time. Nakuha ko din yung pera ko after a day. Tapos ang sabe lang nya saken, next time bago ko mag cashout, mag inform muna ko sa kanila na may papasok na pera from same source. Pero di ko na inulit, sa tao na lang ako nagbenta. Btw, banned na din pala ko sa western union. Umabot kase ng 400k yung binenta ko na bitcoins din that year. Na blacklist ako pero wala naman kasuhan na nangyare.

Muka lang ako bago pero na-hack kase yung old account ko. Eto yung luma kong account, https://bitcointalksearch.org/user/iarsenaux-138488
Ayaw ako pansinin nila Theymos e so gumawa na lang ako ng bago, no choice. XD

mhine07

full member

Activity: 560

Merit: 105

Kaya nag aalangan din ako magbukas ng account sa bangko kasi baka kapag nagtanong sila kung saan galing ang source of income ko at sabihin ko na sa bitcoin , ay bigla na lang nila irereject ang application ko. At bakit nga ba ayaw nila tanggapin ang mga nag aapply ng bank account kapag nalaman nila na konektado ang source of income nila sa bitcoin , at hindi naman pinagbabawal ng bangko sentral ng pilipinas ang cryptocurrency.

congresowoman

full member

Activity: 448

Merit: 103

One of the reasons wht red flag pa din ang bitcoin and cryptos ay dahil wala pang nagaganap at nafoformulate na formal regulation patungkol dito. Kaya naman ang mga bangko ngayon ay limitado lang ang kaaalaman tungkol dito na nagdudulot kung bakit ayaw nila as much as possible na magprocess ng transactions na may kinalaman sa cryptocurrency. Malaki kasi ang chance din na magamit ang bangko nila bilang kasangkapan sa money laundering nang wala silang kaalam alam. Pero aa amin naman na security bank account holders, nakakapag transfer naman kami from coins.ph to security bank savings account.

poiska7662

jr. member

Activity: 192

Merit: 1

Quote from: CryptoBry on October 13, 2018, 03:55:23 AM

Nagbukas ako ng account sa Security Bank noong nakaraang araw dahil kailangang kong magbukas ulit ng account sa PayPal at dahil malayo ang Union Bank sa lugar ko I decided na dito na lang ako sa banko na ito kasi authorized sya ng PayPal to handle transactions sa kanila. During the interview I was asked about my sources of income and the interviewer asked me if I am involved with Bitcoin and similar things and I honestly said yes but pointed out that this account is for PayPal and not for cryptocurrency transactions.

I was specifically told na bawal pala daw ang mag-deposit ng pera na galing sa Bitcoin o cryptocurrency na ang ibig sabihin bawal mag encash sa Coins.Ph at ipa-deposit sa account mo sa Security Bank... ang pwede eh yung kanilang eGiveCash na cashless withdrawal. Ang reason na binigay ng interviewer is that the Central Bank has warned them about Bitcoin and similar business transactions as banks are not authorized to handle the same and if ever I am caught depositing or sending money from Bitcoin encashment to my account then the bank can forfeit the same money that's why the warning.

Totoo rin ata to sa iba pang bangko lalo na yung mga sikat at malalaki though I was able to deposit money to my Metrobank account before from Coins.Ph. Siguro itanong ko rin ito sa coins.ph ano ba talaga ang clear situation...

Hindi naman lahat ng banko ay di na tumatangap BPI account holder ako at wala naman ganyan nangyari sakin nung nagopen ako ng account. ang pinaka walang kahirap hirap na pagcash out ay sa BPI matagal lang kung dumating subalit makaka cash out ka ng malaking pera galing sa coins.ph.

SuicidalDemon69

jr. member

Activity: 106

Merit: 2

Quote from: Muzika on October 24, 2018, 01:22:27 AM

di tlaga uubra kung crypto lang yung pinagkukunan mo kung magtatayo ka naman kahit na maliit na business madami pa din silang hahanapin sayo nasubukan ko na yan sinabi ko na may comp shop ako tpos hinanapan pa nila ako ng certificate ng business from baranggay at from DTI pero syempre kung yun ang papakita mo dapat kung magkano ang ipapasok mo sa acct mo yun din e magcocompliment sa kinikita mo sa shop mo.

Hindi na hiningi kung magkano ang kinikita ko sa pag-fre-freelancing ko eh. Siguro hindi rin nila hihingiin un kung may small business ka. Syempre kung milyon yung pinasok mo sa bank account mo, baka ma-redtag ka nyan at hahanapan ka talaga ng proof kung san nanggaling ung milyon na yon which is pag sinabi mong small business ay sisiyasatin na nila lahat ng earnings mo. Php10k-15k (which is according to new implemented tax law ay hindi ako magkakatax) lang naman kasi ang ipinapasok ko sa bank account ko kada month para hindi magduda. BIR at Bangko Sentral talaga ang magiging kalaban mo kung sakaling magpasok ka ng milyon sa account mo.

Muzika

sr. member

Activity: 980

Merit: 261

Quote from: SuicidalDemon69 on October 23, 2018, 10:42:38 PM

Quote from: Dabs on October 23, 2018, 07:58:40 PM

Bitcoin is not a source of income.

Philippine Pesos is not a source of income.

Cash is not a source of income.

Coins is not a source of income. (Unless you melt them.)

A source of income is from employment, or from profits running a business.

Ito na siguro ang pinaka rule of thumb pag mag-a-apply or mag open ng bank account. Yong kasama ko nag apply din nung isang araw, di rin tinanggap ang application buti nalang ako at may sideline which is Freelancing. Pero need parin nang proof which is "name of the company, contact number of the company and certificate of employment". Naging okay naman ang pag-open ko ng bank. Hindi talaga uubra kung pure crypto ang source ng funds. Siguro mag-start nalang ng small business tsaka mag apply sa banks.

di tlaga uubra kung crypto lang yung pinagkukunan mo kung magtatayo ka naman kahit na maliit na business madami pa din silang hahanapin sayo nasubukan ko na yan sinabi ko na may comp shop ako tpos hinanapan pa nila ako ng certificate ng business from baranggay at from DTI pero syempre kung yun ang papakita mo dapat kung magkano ang ipapasok mo sa acct mo yun din e magcocompliment sa kinikita mo sa shop mo.

SuicidalDemon69

jr. member

Activity: 106

Merit: 2

Quote from: Dabs on October 23, 2018, 07:58:40 PM

Bitcoin is not a source of income.

Philippine Pesos is not a source of income.

Cash is not a source of income.

Coins is not a source of income. (Unless you melt them.)

A source of income is from employment, or from profits running a business.

Ito na siguro ang pinaka rule of thumb pag mag-a-apply or mag open ng bank account. Yong kasama ko nag apply din nung isang araw, di rin tinanggap ang application buti nalang ako at may sideline which is Freelancing. Pero need parin nang proof which is "name of the company, contact number of the company and certificate of employment". Naging okay naman ang pag-open ko ng bank. Hindi talaga uubra kung pure crypto ang source ng funds. Siguro mag-start nalang ng small business tsaka mag apply sa banks.

Dabs

legendary

Activity: 3416

Merit: 1912

The Concierge of Crypto

Bitcoin is not a source of income.

Philippine Pesos is not a source of income.

Cash is not a source of income.

Coins is not a source of income. (Unless you melt them.)

A source of income is from employment, or from profits running a business.

COCOMARTIN

jr. member

Activity: 153

Merit: 7

Oo bawal ang crypto currency sa Security Bank, Dahil maaring magamit ito para sa mga illegal na perang pumapasok sa mga account. Kaya naman binalaan sila ng bangko sentral. Siguro kung gusto mo na mag open account gumamit ka ng ibang dahilan pwede na mayroon kang business o kaya naman ay mag iipon ka ng pera.

Thebabybillionaire

jr. member

Activity: 78

Merit: 1

FUTURE OF SECURITY TOKENS

Quote from: tonbit1239 on October 22, 2018, 09:59:03 AM

Sana ay magkaron na ng Strict Regulations and Guidelines ang BSP para i-enforce sa mga BAnks, at hindi na selected or paiba-iba ang sinusunod nilang batayan para payagan o i-reject ang isang consumer na mag-oopen ng account dahil related sa crypto ang source of income.

Oo grabe nga sila, actually kaka open ko ng account at ang daming tanong sakin kung sino ang mag papadala, anong rason bakit Kanya padadalhan, anu bang trabaho nya sa ibang bansa ilang taon ng nagbtratrabaho sa ibang bansa at marami pa.
Pero tinanong ko kung ok lang bang mag padala Jan yung galing sa online biz ko like blogger or translator. Kailangan pabang mag submit ng form or proof? (Oo ang sabi, mag pakita daw ako ng proof ng blog ko at translation hahaha)
Kadalasan kasi ang sabi ko taga ibang bansa at Hindi ko kilala ang mag papadala jan. Kasi hinire lang nila ako as a translator.( eto ang sabi, pwedeng mag padala pero may limit kung gano kalaki ang ipapadala at Hindi dapat madalas kung mag padala, yan ang sabi ng banko)

tonbit1239

full member

Activity: 542

Merit: 100

Sana ay magkaron na ng Strict Regulations and Guidelines ang BSP para i-enforce sa mga BAnks, at hindi na selected or paiba-iba ang sinusunod nilang batayan para payagan o i-reject ang isang consumer na mag-oopen ng account dahil related sa crypto ang source of income.

DragonSlayer2018

newbie

Activity: 24

Merit: 0

Quote from: CryptoBry on October 13, 2018, 03:55:23 AM

Nagbukas ako ng account sa Security Bank noong nakaraang araw dahil kailangang kong magbukas ulit ng account sa PayPal at dahil malayo ang Union Bank sa lugar ko I decided na dito na lang ako sa banko na ito kasi authorized sya ng PayPal to handle transactions sa kanila. During the interview I was asked about my sources of income and the interviewer asked me if I am involved with Bitcoin and similar things and I honestly said yes but pointed out that this account is for PayPal and not for cryptocurrency transactions.

I was specifically told na bawal pala daw ang mag-deposit ng pera na galing sa Bitcoin o cryptocurrency na ang ibig sabihin bawal mag encash sa Coins.Ph at ipa-deposit sa account mo sa Security Bank... ang pwede eh yung kanilang eGiveCash na cashless withdrawal. Ang reason na binigay ng interviewer is that the Central Bank has warned them about Bitcoin and similar business transactions as banks are not authorized to handle the same and if ever I am caught depositing or sending money from Bitcoin encashment to my account then the bank can forfeit the same money that's why the warning.

Totoo rin ata to sa iba pang bangko lalo na yung mga sikat at malalaki though I was able to deposit money to my Metrobank account before from Coins.Ph. Siguro itanong ko rin ito sa coins.ph ano ba talaga ang clear situation...

Yes tama po sila sir indi po pwedi na mag deposit galing sa coins to security bank. Bakit indi pwedi? kasi one reason is pwedi po sila ma attack nang ma nga hacker 2nd centrallize po si coins.ph sa block chain kaya open source po yung data nila pwedi po ma crack yung data pa punta sa banko na de depositohan 3rd seguro hindi pa handa ang ma nga banko na pumasok sa blockchain kasi alam nila hindi pa ma syadong secure yung network system nila isang butas lng dyan nang network nila 100percent bankcrap sila sa hacker

jomz

member

Activity: 420

Merit: 10

Quote from: clickerz on October 20, 2018, 10:39:38 PM

Quote from: Dabs on October 20, 2018, 09:02:11 AM

Advice for all: never tell your bank anything they don't need to know. If they ask, make up a story.

I deal with BDO, Landbank, SecurityBank, HSBC, BPI, BPI Family, BPI Direct, Robinsons, RCBC, all the pawnshops, all the pera padala, even cell phone loads of Globe, Smart and their smaller companies.

I use both coins.ph and rebit.ph as well as some international exchanges in Asia, in Europe, and in North America.

The few times the banks have asked for info, I just tell them I have a job, and that's where I put my money, pambayad ng bills, pambayad ng credit cards.

Never say crypto, never say bitcoin, never say litecoin, never say ethereum, never say pinoycoin or whatever-coin. I don't deposit "coins", I deposit checks or bills or electronic transfers.

Walang problema except 400k pesos per day limit ko sa coins. and 500k pesos per day limit sa rebit.

Salamat sir sa tip. Same situation sa karamihan ang nagayri sa akin. Ending, di ako na approve sa Security bank. Sinabi ko na galing sa freelance/online work ang source tapos nung tinanong regarding sa crypto, sabi ko minsan nag tetrade din Cheesy

Red flag pala ... Grin

ganyan din ang inaakala ko kung magiging honest tayo at sasabihin natin na galing sa cryptocurrency ang income natin ay walang magiging problema pero mainit pala ito sa mata nila Cheesy

buti ngayon may idea na ako sa mga sasabihin ko kung mag bubukas na ako ng sariling acc. ko sa banko.

aervin11

full member

Activity: 602

Merit: 103

Quote from: Dabs on October 20, 2018, 09:02:11 AM

Advice for all: never tell your bank anything they don't need to know. If they ask, make up a story.

On my experience, I did also make up a story but not that convincing so I end up telling the truth para mas madali. Ang problema ko po kasi sa "story" ko is hinahanapan ako ng kaunting proof and wala akong proof na maipakita, all I got was remittance center receipts which come from coins.ph. Siguro dapat pinagplanuhan ko muna ng mabuti para makalusot pero siguro ay ayos nadin baka din kasi magtaka sila pag medyo malaki na ang maideposit ko tapos i-hold nila kapag nalaman nilang sa crypto pala galing ang pera ko.

Topic: Bawal ang Cryptocurrency sa Security Bank - page 4. (Read 1543 times)