Topic: Have any one had experiences with banned bank/providers because of gambling? (Read 521 times)

In fact, there are various ways that can be done so that the activities we carry out in gambling are not known by the government for every transaction we make.
If you use fiat casino, there is an official service or platform which is also digital wallet and on the gambling site there will be an admin who can help customers deposit or withdraw money directly into the digital wallet.
This transaction will read like normal transaction in general involving two people or transaction between users of the platform so that it is impossible to suspect or detect that the transaction was carried out with gambling site.
If you use crypto site, it will be even easier and of course you will understand the various ways that every gambler can use in transactions with crypto gambling sites.

But I don't think the bank will ever suspect users who have history of depositing large amounts of money as long as the amount doesn't reach fantastic figure, if it is very large amount, they will probably only be asked for additional tax.
This is what happens in my country, if an account user has deposit limit or balance of large amount, then tax will only be applied, the amount of which can still be said to be quite small.
They don't care what you did to get that much money as long as you don't have bad history like criminal or have history of fraud or anything that violates the law.

I always bypass to directly withdraw crypto to my bank account from the exchange of my choice.I use a "man in the middle" service (I know this mostly relates to network attacks) but in here I am talking about these three steps,1 withdrawing money to my wallet from my crypto casino,2 then I deposit to an exchange online which use semi automatic or automatic transfers to my VISA card and not to my bank account,since VISA card has a limit daily of 10.000 dollars then I am safe as I never have the chance to get that huge amount of money daily and 3 I wait for money to come to my VISA card which of course is linked to my bank account yet the bank does not know that the money comes from a crypto casino.

Casino usually use a regular account from proxy employees to transfer or receive funds from players since most of the casino operates internationally which means they don’t have any capability to open a bank account for their company to name under it. With that said, There’s no way for the bank to track the funds that it came from gambling unless the transaction is marked by the sender as gambling funds.

You’re right that user should read bank terms and also it’s common sense that bank will not allow it if the country law itself doesn’t allowed gambling.

This is for fiat, yeah. Actually with the huge number of depositors the bank has, they will not be able to check every transactions of their depositors. Only if there's an investigation or complaints regarding the user will they act upon.


This is very important, we should be responsible to follow the simple rules from our banks. Normally, it'sjust a general law that is guiding it's depositors with their transactions, anything that is illegal is something that should be avoided, because, you are right, when gambling is illegal in your country and you tend to deposit in a gambling site, your account will be tag for violating the law and your funds will be confiscated and you'll not be safe from lawsuit, it's you versus the government which the government normally win.

As i understand this, the we are talking about the fiat money here, as when the fiat money reaches the bank, they may checked that the money has reached to bank through a gambling channel and due to this they may have restricted the account.
Special care shall be taken in places where the gambling is prohibited and even in places where gambling is allowed, we should also check and read the terms and conditions of the bank and provider account too, to know if the bank allows the money transfer from the gambling and bookies.

Perhaps that's what gamblers should avoid, who still often use their bank accounts to deposit money into their gambling accounts and also withdraw their winnings. If your country allows gambling, it is not a serious problem. But if you are in a country that prohibits gambling, you can get sanctions from banks and the government because you have violated the regulations.

When someone deposits money and withdraws a large amount of winnings, it will make the bank feel suspicious and will investigate your account. Therefore, they should look for other solutions rather than being subject to sanctions from the regulator. So far, people who gamble using crypto have used crypto, so they don't need to use their bank accounts.

It may be both, banks do not want their client to use their platform as a means of funding a casino because they complied with their central bank, and some central banks prohibit linking to casinos because of money laundering issues, you have to confirm if this is the case and if possible ask them if the ban is permanent so you use other banks or platforms to fund the casino you're playing

No problem with the gambling platforms it's the bank that you need to ask if they allow linking to gambling platforms.

That's how the bank implement the AML policy in their bank that's why don't get surprised if something like that to happen since they also need to verify where the money came from especially if you are not known for depositing huge on your bank account. But if they know you are doing some huge transaction legally on their bank I don't think they ask this question since maybe they think that what you are doing still in line with legal transactions. I'm not pro bank since I'm into crypto and a gambler but I don't think they stole money from their depositor since their business might get ruined for that and they are been well monitored by local policies.

But I don't know on other banking system in some country so they need to know the terms of the bank they want to hide their money, so they can avoid getting questioned that's why its better to make all slow in gambling especially if their banks doesn't allow them to transact using the money what they earn from a casino.

Yes, as long as OP's sister doesn't feel that something has been violated, it's best to go to the bank to get a real explanation about reopening a bank account that was banned because of gambling. If she really wants to withdraw money from the bank, she should be able to resolve it properly with the bank because it's possible. There are third parties or governments who actually block gambling transactions because of legal regulations as an illegal act.

Of course, this case will look serious if gambling is illegal in his country because in my place there was also a similar case but he didn't have much money in his account so he left the money and left his account because he felt he had carried out a gambling transaction, which in my country is very gambling. prohibited due to illegal actions.

I also got into trouble with the bank before and they suspected me of using criminal money, ironically it was a P2P transaction with a woman and then she was arrested for using money is inappropriate for any flagged online gambling activities. But the problem was resolved quickly when I declared specifically and they did not want to bother me further because I was just a passerby.

For some countries, gambling regulations are not always acceptable, so controlling money transfer activities through banks is also an understandable action to prevent money laundering activities, although there are risks. There are disadvantages, but imo, if people don't do anything wrong, just go directly to the bank to resolve the problem, it will be much faster if solve online/phone.

The bank system in many countries was not good,because the government always influenced the banking sector.This was the biggest problem in many countries created to the gamblers.If the gambler bank account was credited with 10,000$ at a time,the bank will check the bank transactions.If the transaction was made because of the gambling business,then the bank will do two things.One is they freeze the money and report to the government to get taxes for the transaction.Second is they will do the bank of your bank account and steal the money in your bank accounts.Then you need to file a case in the court and do some legal proceedings to recover the money.

If the central bank of the country didn't give banks the directive to disallow gambling, I don't see why a bank would restrict it. It will only amount to cheating itself because the customers of casinos will move their business to another bank. Banks are in for the business, which is why I know that there is more to this case. And of course, good or bad, banks would give reasons for the decline, but not in all countries as services are not the same everywhere.

As it is, if they are living in countries where gambling is forbidden, the OP wouldn't have bothered himself to ask this question. He must have known that it was because of that. And I don't know the person that gambling would be banned in his country and would still be using a bank account to fund it. This is why they move to cryptocurrency. However, certain casinos could be prohibited.

I know how the law in my country related to gambling activities, it is strictly prohibited so I always try to avoid using bank transfer for my gambling activities. I did it few times years ago but now the law becomes stricter due to the new rules where the government may ask the bank is there are accounts that are connected to online gambling activities. In the past, the banned/blocked accounts are those accounts from the casino side not from the gamblers but now it seems to be different in my country. All accounts no matter the account is associated to casino or owned by gamblers, the account can be banned/blocked. We should know the terms in the bank as well as the law by the government, better to avoid bank transfer for gambling activities if the situation is similar to where I live.

Banks might be strict, but it doesn't mean there's no way to get your funds back. I guess the banks already give an instruction to your younger brother, now did he tell you about the instruction?

This isn't really serious, but it becomes serious if you're live in a country where gambling is forbidden.

We can't tell you the reason as we don't work with the bank to know their etiquette but your brother can write the customer care to know why his account was banned and if it's because of him using it with a gamble sites, you should tell us so we can avoid the banks too when gambling. I haven't heard anything bad about the banks so I don't think they want to scam him by locking him out of his account therefore he should follow up the matter and he'll get solution.

I can't remember the last time I used fiats for gambling, I always use Bitcoin or other cryptocurrency and I only gamble on crypto casino as there are alot of things that fiats casino do that I don't like. If you deposit big amount of money through fiats, your account would be flagged, kyc will be requested and when you don't provide a convincing identity and source of income you can lose your account.

I have never heard of such, although it might be that I haven't seen a gambler that have bet over and over and over again even with people's money and borrowed money too, or some of the addicted gambler that I have seen have not gambled up to this extent.
However, my government aren't thinking of some better positions to place most things, what I am trying to say is that, they haven't thought of a way to help Gambling addicts to reduce their gambling habits but they frustrate the Bitcoin investors by making is hard to buy Bitcoin directly from their bank accounts.

Yeah, that's actually the solution but the thing is. Many of us are using bank to deposit through it for our gambling accounts and then upon withdrawal, the same process goes.

There are countries that have banks that are very strict with their policies and always check and ask their depositors where the money came from. If you answer that it's from gambling, you'd better be careful with your mouth because that's a red flag for them and might not allow you to continue that transaction.

In my case I have not had any, but I think it is because my deposits in bookmakers are small and not very frequent. Also when I can I withdraw, so it is not only money that goes to the casino, there is also money that comes back.

But in general the algorithms of the banks consider casinos as risky, and depending on your behavior patterns they can for example deny you a loan or charge you more expensive than if you did not gamble in casinos.

      -   In the first place, if you are hesitating about a casino here in the crypto business, the only thing to do is very simple: do not continue gambling in the casino that you doubt.

You should be in a casino where you feel comfortable playing. Now, when you say that you have a problem and that you are not immediately given answers to your concerns with them, just be patient and wait for them to answer your questions.

If I'm not mistaken, there are exchanges that are questioning the fund that came from a gambling site or even the withdrawals, better to confirm this to the support of the exchange that you are going to use before you proceed to avoid any inconvenience. I've experienced before about the bank questioning my source of income, and that was during the last bull run, maybe they become more strict and for sure they already know that crypto transactions exist.