Have any one had experiences with banned bank/providers because of gambling? - page 3.

macson

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Quote from: Agbamoni on December 19, 2023, 05:58:34 AM

I find this very frustrating when i see people complain about their funding bank/provider account being banned because of gambling related activities. My younger just called me and told me his raven account was banned and he has been using it to deposit dollars in his gambling platform and also paying for subscriptions online. I want to get this clear.

Is it because of the gambling activities that got his account banned or it is because of the legitimacy of the funds that raven are more concerned about?

Is there any gambling platform that needs to be avoided?

Since i woke up we've been trying to contact their support for complaint and no response yet. Is there anyone with similar experience?

Do you play on crypto casino sites? what country are you from, if your country legalizes gambling then you will be able to get your money but if your country legalizes gambling then it will be difficult for you to get the money, but why do you have to make a withdrawal directly to your bank account, you should use an exchange to safeguard your money. Several banks have joined the anti-gambling campaign because there are many rumors spreading that money laundering is quite common on gambling sites, so banks quite often freeze money from gamblers who make withdrawals, but if you want to try asking the bank, please do so, you have to bear the risk.

Huppercase

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Quote from: EluguHcman on December 20, 2023, 12:15:34 PM

Could there had been something on phishing your younger was not telling you OP? I think the account has been on transaction tracks and was compromised because there could be some sorts of unwarranted/illegal transactions of the account via how the account is been funded and how the funds is being transacted out from the account.
I have seen situations where people hides there illegal indulgences with the formations of legalities such as scammers requesting for Bitcoin instead of the fiat from their victims with the use of crytop wallets that is not supported with KYC because they want to untraceable and anonymous.

This was what first came to my mind, most banks are aware of gambling and they even have that features on their banks app to for funding the platforms, I don't think any bank will make gambling to close an account unless the bank is of situation if the government has restricted people from gambling, in such situation, the bank see your gambling as breaking of law which can put them into trouble but as the Opay claims, they have been using it before and all of sudden, they suspended the accounts but no reason was attached to why they suspend the account.

It is possible that the brother has used the account for another thing that broke their law which is why they suspended the account or it is possible that they banned the account because they recieve money that was more than what the account can recieve. I have seen accounts locked immediately if the bank suspected an account reeive more than the limit they gave them and they don't upon the account until you provide an additional documentation before they can unfreeze the bank account.

AbuBhakar

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Quote from: Agbamoni on December 19, 2023, 05:58:34 AM

Is it because of the gambling activities that got his account banned or it is because of the legitimacy of the funds that raven are more concerned about?

Is there any gambling platform that needs to be avoided?

Since i woke up we've been trying to contact their support for complaint and no response yet. Is there anyone with similar experience?

It’s not about gambling platform you need to avoid but rather you should check your bank account policy about their stand about gambling activity. Some bank doesn’t allowed their customers to receive funds from gambling especially if your country doesn’t allowed online gambling.

This is the danger of using a centralized platform such as bank because they can freeze your account indefinitely if you failed to fully read their terms.

darkangel11

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I had no experience like that because I never use my bank account to send money to casino accounts. I play 100% using cryptocurrencies and I keep my bank account an my bitcoin separate so that nobody can link my identity to my bitcoin. I see this as an integral part of both being in crypto and gambling, despite none of these two being banned in my country. Politics change and what's legal one day can become illegal the next and I don't want my government to know how I spend my free time. It's not their business.
If you're having trouble with a bank, I guess there's not enough competition for them in your country and they think they can do anything and not care about their clients. When there's a lot of competing banks, the situation changes.

Tipstar

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Quote from: Agbamoni on December 19, 2023, 05:58:34 AM

I find this very frustrating when i see people complain about their funding bank/provider account being banned because of gambling related activities. My younger just called me and told me his raven account was banned and he has been using it to deposit dollars in his gambling platform and also paying for subscriptions online. I want to get this clear.

Is it because of the gambling activities that got his account banned or it is because of the legitimacy of the funds that raven are more concerned about?

Is there any gambling platform that needs to be avoided?

Since i woke up we've been trying to contact their support for complaint and no response yet. Is there anyone with similar experience?

Not a permanent block or ban but in past I had problem with my skrill for withdrawing my gambling funds. If you don't know, Skrill was the most popular payment platform to get money to and from your bank and into and out of gambling sites. Paypal was always problematic and many gambling sites didn't supported it.
I had money from different sources and my bank in the skrill account, I deposited some amount to a popular gambling site to bet for the world cup. I made a decent profit and withdrew it to my skrill. It went without an issue but there were trouble from skrill on getting it to my bank as I had mixed my gambling euros to non-gambling euros. With months of trouble, I redeemed my cash but stopped using skrill.

Rufsilf

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Quote from: Agbamoni on December 19, 2023, 05:58:34 AM

I find this very frustrating when i see people complain about their funding bank/provider account being banned because of gambling related activities. My younger just called me and told me his raven account was banned and he has been using it to deposit dollars in his gambling platform and also paying for subscriptions online. I want to get this clear.

Is it because of the gambling activities that got his account banned or it is because of the legitimacy of the funds that raven are more concerned about?

Is there any gambling platform that needs to be avoided?

Since i woke up we've been trying to contact their support for complaint and no response yet. Is there anyone with similar experience?

As to answer your question, is there any gambling platform that needs to be avoided?
When gambling, it's important to read the terms and conditions carefully and assess the website's readability as some websites may be fraudulent, copycats, or other issues.

Is it because of the gambling activities that got his account banned or it is because of the legitimacy of the funds that raven are more concerned about?
The bank does, however, have a certain level of protection. Perhaps your younger brother has taken action against accounts that breach the rules of the website or game, particularly gambling, which may be subject to legal limitations. In addition, in order to prevent any problems down the road, your younger brother and other people must read and abide by the terms and conditions of their financial service providers. As for myself, I have never been blacklisted. I haven't personally been banned from any websites because I have only used other money transaction that work with the gambling platform. Gambling revolves in money and luck though.

Findingnemo

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The bank I am using is not having anything that says I can't deposit funds from casino or the source of funds can't be related to gambling but since we are talking about crypto gambling, you are not going to deposit the winnings to bank accounts, to cashout the place you deposit is exchanges where it becomes tricky so read the ToS completely to avoid your account getting banned.

For the safe option, you can pick p2p platforms that don't have restrictions and also your bank can't flag your funds coming from crypto and gambling.

babygun

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Quote from: Kakmakr on December 21, 2023, 08:44:45 AM

Banks will always work with the government to protect an out flow of their local currency, so they will block suspicious activity on your account. There are capital control restrictions and this gets reported to the government, if people regularly transfer money to international services, without following the guidelines for cross border transfers.

Gambling operations are also used by money laundering syndicates to "clean" dirty (criminal) money, so Banks will monitor those transactions and even block money that are going towards these kinds of sites. Roll Eyes

Bitcoin is border less... Wink

It depends on your local government also and how strict they are. The amount that you try to withdraw from a gambling site or exchange is also important; if you stay below a certain amount (couple of 1000$), you will not get flagged and have no issues but it is always good to be careful.

Odohu

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Quote from: Agbamoni on December 19, 2023, 05:58:34 AM

I find this very frustrating when i see people complain about their funding bank/provider account being banned because of gambling related activities. My younger just called me and told me his raven account was banned and he has been using it to deposit dollars in his gambling platform and also paying for subscriptions online. I want to get this clear.

Is it because of the gambling activities that got his account banned or it is because of the legitimacy of the funds that raven are more concerned about?

Is there any gambling platform that needs to be avoided?

Since i woke up we've been trying to contact their support for complaint and no response yet. Is there anyone with similar experience?

I think the issue is with Raven and not the gambling platform. It is possible they do not allow gambling activities and just noticed upon their routine check. I don't think it is the legitimacy of the funds because the chances of using illegal funds is slim.

What I feel is a weakness of Raven in this case is closing the account without notice. The right thing to do is to send an email explaining why they have to close the account. The best line of action is contacting their support like you have done and wait for what they will say is their reason for their action.

Quote from: Agbamoni on December 19, 2023, 05:58:34 AM

Is there any gambling platform that needs to be avoided?

If you go through comments in this forum, you will see many gambling platforms that have acted in a way that is unprofessional. The best is to use reputable gambling platforms that have stood the test of time with unparalleled transparency.

Jawhead999

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I haven't experienced it, but can you share more information about the story?

1. Is your younger brother directly using fiat to gamble?
2. Is your younger brother use CEX to buy cryptocurrency, gamble it, withdraw and cashout through CEX?

These are two different scenarios, if your younger brother directly use fiat to gamble, then I won't be surprised since it's more obvious than you convert it through cryptos.

wallet4bitcoin

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Quote from: Agbamoni on December 19, 2023, 05:58:34 AM

I find this very frustrating when i see people complain about their funding bank/provider account being banned because of gambling related activities. My younger just called me and told me his raven account was banned and he has been using it to deposit dollars in his gambling platform and also paying for subscriptions online. I want to get this clear.

Is it because of the gambling activities that got his account banned or it is because of the legitimacy of the funds that raven are more concerned about?

Is there any gambling platform that needs to be avoided?

Since i woke up we've been trying to contact their support for complaint and no response yet. Is there anyone with similar experience?

Firstly, it depends on your local laws.

If your local laws makes room for gambling as a legal event then it is obviously not a direction to consider. It is a bank account and the last time I checked, accounts are more into chaos because of the inbound transactions and lesser because of outbound except in obvious cases of fraud.

He should locate the bank's customer care office(r) and lodge complaints, a walk-in visit will be better than an online form filling as the delay time may not be friendly.

alastantiger

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Since I discovered cryptocurrencies, it is my favorite medium to use in funding my casino account. I always pick this option because I know how erratic the internet network is in my country and I would not want to be have any issues or even a delay in funding my casino wallet.
If can use crypto in a casino rather than Fiat,

Kakmakr

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Banks will always work with the government to protect an out flow of their local currency, so they will block suspicious activity on your account. There are capital control restrictions and this gets reported to the government, if people regularly transfer money to international services, without following the guidelines for cross border transfers.

Gambling operations are also used by money laundering syndicates to "clean" dirty (criminal) money, so Banks will monitor those transactions and even block money that are going towards these kinds of sites. Roll Eyes

Bitcoin is border less... Wink

piebeyb

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Quote from: angrybirdy on December 21, 2023, 06:29:36 AM

I never experience being banned in my bank and I don't want to experiencs it either. It's a bank responsibility to inform their customers the reason why they got banned so that client will become aware of things that may be violated, This is the first time I heard that banks has been banned in conjunction of gambling activities but it's normal if a person doing online gambling while connected to a bank unless there's a illegal activities detected to a transaction history.

But sometimes if in a country that prohibits gambling and considers it an illegal act, I think it is possible to freeze bank accounts where the government cooperates with the bank to block any transaction related to illegal acts prohibited by the government, we also do not know about the law that is in the country of the OP and his sister, is it illegal or legal? because the OP didn't explain it in detail in this thread so there are still few other reasons that make sense.

If it is indeed prohibited in the country and considered illegal, I think we all know that the blocking and banning of bank accounts may be used for large transactions in gambling until they are frozen or suspended, but if you want to get a more detailed explanation, don't ask on this forum but directly just ask what the problem is at the bank to know more about the real problem.

angrybirdy

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Quote from: Agbamoni on December 19, 2023, 05:58:34 AM

I find this very frustrating when i see people complain about their funding bank/provider account being banned because of gambling related activities. My younger just called me and told me his raven account was banned and he has been using it to deposit dollars in his gambling platform and also paying for subscriptions online. I want to get this clear.

Is it because of the gambling activities that got his account banned or it is because of the legitimacy of the funds that raven are more concerned about?

Is there any gambling platform that needs to be avoided?

Since i woke up we've been trying to contact their support for complaint and no response yet. Is there anyone with similar experience?

I never experience being banned in my bank and I don't want to experiencs it either. It's a bank responsibility to inform their customers the reason why they got banned so that client will become aware of things that may be violated, This is the first time I heard that banks has been banned in conjunction of gambling activities but it's normal if a person doing online gambling while connected to a bank unless there's a illegal activities detected to a transaction history.

EarnOnVictor

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Quote from: Agbamoni on December 19, 2023, 05:58:34 AM

I find this very frustrating when i see people complain about their funding bank/provider account being banned because of gambling related activities. My younger just called me and told me his raven account was banned and he has been using it to deposit dollars in his gambling platform and also paying for subscriptions online. I want to get this clear.

Is it because of the gambling activities that got his account banned or it is because of the legitimacy of the funds that raven are more concerned about?

Is there any gambling platform that needs to be avoided?

Since i woke up we've been trying to contact their support for complaint and no response yet. Is there anyone with similar experience?

There could be two considerations to this in my thought. The first one is that, it is either the bank suspected a fraudulent activity or they are warned by regulators not to deal with such casinos (it is not everything that is being revealed). Either way, the bank should effectively communicate with their customers to advise them appropriately.

The second consideration is that, since it is the USD we are talking about, the conversion issue might be the reason here. There are banks that are suffering from USD liquidity, and if they must continue to honour such transactions, they will be compelled to pay the USD equivalent to the beneficiary bank account. For this, they can decline. Still, they should have communicated the reason for the declined transaction to him.

However, it is not too late, the bank is the only one that can shed accurate light on this. Your brother should take it up with them.

Crypt0Gore

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Lesson of the day, always read terms and conditions of any platform you plan to use, either it's online banking or casinos, unless there is no deposit of money involved, if you are going to risk money on any platform its wise to do your own diligent research first.

I have never seen this happen to anyone around me before since I don't use Fiat for gambling, and right now in my country banks are really misbehaving, doing anything the feel like with customers fund and others so many people are getting wiser, moveinh money out of bank accounts into Bitcoin and stable coins, it keeps getting worse and worse.

If your account get blocked you are to reach out to tell and solve the problem out, they should be able to unlock it and accept your apology, it's not as if they will never return the money you have worked your whole life for, they just want to take their rules very serious.

decodx

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I don't have any experience with this yet, but it sounds like if you're from a country where gambling is illegal, trying to transfer money from your local bank account to a gambling site could potentially get your account blocked. Banks likely monitor for these types of potentially illegal transactions.

Personally, I tend to stick to crypto gambling platforms as I find them safer than dealing with traditional banks. With crypto there's no central authority that can freeze your account if you run into issues.

If your bank account does get blocked, try talking to your bank first to plead your case. Explain why you tried transferring to a gambling site, apologize, and ask politely if there's any way for them to reconsider unblocking you. Remaining calm and constructive in that conversation will go a lot further than getting upset at the bank employee who likely didn't set the policy themselves.

goaldigger

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Quote from: Johnyz on December 20, 2023, 05:22:54 PM

Banks are prohibiting any gambling transaction in our country, and this is why we are not using this directly and even when accepting crypto, there’s still a chance for you to get investigated and your account will be freeze. Banks are quiet strict when it comes to this one and you can’t do anything about it because its their policy and your only choice is either to follow it or you will start looking for alternative so you wont experience the same problem.

Its’s more on about your whole transaction and I’m sure those bank will still investigate and will not just ban your account without any reason. Some casinos don’t have the bank feature though and I can say that this can be a good option as you will not be tempted to use your bank accounts instead you’ll use your crypto wallet to do the transactions. Make sure to know the policy and terms and conditions before you register, so you can know if it can work with your or not.

Johnyz

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Banks are prohibiting any gambling transaction in our country, and this is why we are not using this directly and even when accepting crypto, there’s still a chance for you to get investigated and your account will be freeze. Banks are quiet strict when it comes to this one and you can’t do anything about it because its their policy and your only choice is either to follow it or you will start looking for alternative so you wont experience the same problem.

Topic: Have any one had experiences with banned bank/providers because of gambling? - page 3. (Read 524 times)