Topic: Have any one had experiences with banned bank/providers because of gambling? - page 4. (Read 579 times)

Lack of information. Better not to assume right away that it's because of gambling-related activities.

We can't just speculate things here or create a story without valid points. There should be a specific reason for that. Aside from that, if the bank account was banned or locked, it should notify their users on their registered email or phone number. What does the email say? Is the reason for the ban being mentioned there?

Come back here and share with us what the customer support told you.

Its not really new anymore on which most banks would really be that definitely be prohibiting gambling funds that would flow into someones bank account.Usually this is really something being that written or included into your terms and conditions on the papers or documents that you are signing up on which it is really just that right that you should really be that having that time on reading up with those terms on the first place
so that you wont really be that get shocked on the time that you would really be that able to experience those kind of prohibited or lock up with those accounts. For sure with these kind of lock up then the primary things which are needed by the banks would really be trying out to verify on where those funds came from and if they would be able to track it up that it do came from gambling then for sure you would be asked for some documents or whatever its been asked.

This is why it would really be that important that you should really be that mindful about using up your banks specially with gambling funds on which they are really that strict when it comes to this.
If you are really that making use of it then better be sure you would really be trying out not to make direct transfers from gambling sites so that you would really be able to
avoid out such situations that might happen into you.

It seems like it. If someone managed to steal a credit card and had sometime before the victim realizes, they would try to buy valuable stuff as soon as possible for them to sell later, though, criminals have realized that doing so would make easier for law enforcement to find them and charge then with financial crimes, so what they do is try to use the stolen card to buy cryptocurrency on an exchange or in a casino, as much as they can so they can try to withdraw it to a wallet under the sole power/influence.
I would also like to add that using a card on gambling sites and betting could block them, depends on the terms of services of the bank itself. There are some banks which frown upon gambling in general, because the economical repercutions it can have on their clients, so they cancel and block when they detect their users are partaking in gambling.

I have read about the concept of Halal banking before, basically banks which are owned by Muslins and do not like to get their finances involved with warfare, gambling, pork production, etc. but I am not sure their common policies are to block those card used personally by their clients to gamble/bet.

It's probably the gambling expenses, if it's a constant funding in the gambling fund, the bank will definitely suspend your account until you've done some explanation that it's you who's doing all this stuff and that your bank account isn't compromised. Or you're not telling us everything about the bank transactions OP, that there's some suspicious activity going on that got your account flagged and banned, that's the other way that can get someone's bank account banned.

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.

Great. And yeah, even the e-wallets can get strict too in transactions related to gambling, not because they think gambling is money-hungry but because they are also aware that money laundering can occur too here. And there are so many illegal gambling sites right now. They don't want to get involved on their operations because they are afraid that they may get sued too by the regulators or the authorities.

So, it's important to read their terms and conditions first before you use them in your gambling activities. It's professional if banks will provide a reason, just in case they do something negative in our account, and we are lucky if they have given us another chance.

No, I have never encountered a problem like this before. In fact, for a while, illegal betting was quite popular in Turkey and I also bet this way using a Turkish bank, during the period I mentioned many people who bet in this way were summoned by the police for a statement but I wasn't summoned for a statement in any way. Also, as I mentioned I didn't experience any problems with my bank account.

Additionally, although I have deposited money to some betting sites with Revolut in the last year, there have been no restrictions on my Revolut account. Of course, since I generally prefer cryptocurrency-based betting sites I haven't had any problems depositing money into betting sites.

That's your answer right there. Online gambling is not explicitly included in the bylaws that talk about legal gambling. And OP's kid just made the mistake of gambling in a gambling site which is considered illegal no matter how we look at it. the banking institution's not in the position to keep his business since that's going to cause them millions of dollars in lawsuits if they let this one thing pass. I say don't gamble beyond what's allowed. There's no real benefit to doing so anyway, since gambling's made in the first place with the premise that you're going to lose money, are you really that determined to lose your money that you're willing to get your bank account suspended? If you can't wrap your head around the logic behind gambling illegally just use that analogy lol.

At the end of the day, we're gamblers, not criminals. Don't do anything illegal, gambling or non-gambling related. Gamble within your means and within the expanse that your local jurisdiction allows. Tell that to your kid OP and next time, discourage him/her from gambling on such sites, heck discourage him/her from gambling at all clearly they have a problem for them to get noticed by the bank amongst the possible hundred thousands of users that they deal with on the daily lol.

Though I do not have any experience with banks prohibiting my transactions, I have a personal experience with my local exchange, stripping the features of my account and degrading the level of authenticity by two (2) levels, thereby decreasing my overall withdrawals due to being affiliated with gambling.

In my local exchange, the admins questioned the origin of my BTC funds and I clearly explained to them that I get the proceeds from a signature campaign representing a gambling website. Surprisingly, they told me that anything to do with gambling is not allowed, therefore, I was told that majority of the features of my account will be restored once I address this issue.

Fortunately, the only solution to that problem is to use another exchange and transfer such funds from that exchange to my local exchange; or/and to use Binance as my exchange in case I need to convert my BTCs to our local currency.

This is precisely the reason why people use crypto. It's an excellent way to bypass these silly restrictions without having to worry about your accounts getting restricted or banned.

I had a similar experience with using a gambling provided that accepted card deposits long ago. I just made a tiny deposit and two days later my bank was calling me for questioning just because they realized that this provided should have been under sanctions AFTER approving my transaction... You have to be careful where you use your main bank account at. Nevertheless banks are quite stupid.

Banks may have terms that restrict depositing any funds from gambling-related activity resulted into this ban.

If you are not aware of it, some crypto exchanges even have similar rules, for example if you deposit BTC or any crypto to coinbase account which is directly withdrawn from the casino's account then your coinbase account will be terminated.

You should try asking your brother if there have been any means used to fund his Raven account recently that have been used by him before, or if there have been any payments made by him recently to any platform that might have been flagged unknowingly to him. I don't think any platform that allows its users to fund their gambling accounts through it can just wake up and ban the same account as a result of a service they permit.


Funny enough, not all platforms send their customers news of their accounts being disabled. Some just disable it for no reason and assume you are aware of the whole situation that resulted in that, while others will just send you brief information. With respect to your account being disabled, the best way to always know about the entire thing that could lead to the ban is when you contact a customer support agent, and if they are friendly enough, they will tell you the reason for the account closure and a possible solution for the account to be unlocked.

Hmm, a really interesting story and I think I have heard couple of similar complaints from my friends but for myself, I haven't encountered such issue before. The recent one I had was a complaint from a close friend about his account ban on a popular local bookie here and I think for his own case he was actually guilty because he was an arbitrage bettor and I know to some extent most sport bookies and  casino frawn at such practices. Most times I think the fault is actually from the gambler as maybe they may have defaulted some rules of the casino that might have led to the account ban.

I don't like to involve banks that are virtual for such kind of this stuff but why didn't make use of crypto instead like USDT for fast deposit to avoid this kind of headache because I'm not sure if they are going to give you sweet rate in conversion to local currency like P2P and also the big charges they will collect when buy and sell. I think the only answer to this is until you contact the said bank through the customer support like on the platform or Facebook and X


You should know better, there is a policy that guide every financial system and platforms and I think they gave you an condition to read and accept or reject but I guess you accepted. Try and go through the terms and banking policy, check whether allow gambling transactions or not. If it is too bulky, use CTRL + F to search for "gambling" or "gambler" perhaps you will get a lead from there as well but don't forget to ask customer supports.

I have read few times peoples' bank accounts getting frozen because they were using crypto to gamble on online sites.
It may not be because of gambling directly and may be because of using crypto but yet it becomes a headache when bank accounts are frozen.
May be your younger brother faced a similar issue. In such cases, it's better to open a different bank account which is more crypto friendly.

I've never had a problem like that. It's just that when I try to make a deposit I always get a warning from the bank. This can happen because gambling admins carry out transactions very frequently so that their activities are suspected by the bank. But I also welcome the warning, because considering that currently there is a lot of fraud in online gambling.

And currently there are several countries that consider online gambling activities to be detrimental to society. Especially illegal gambling sites. So that the government, through the ministry responsible for this matter, carries out a clean sweep and also blocks accounts involved in online gambling activities.
And I think this is a good rule, so that illegal gambling activities can be limited. And in several related countries this rule has been implemented. However, in my opinion, before this rule is actually implemented in every bank, there must be a detailed explanation of the rule first, so that the bank can take appropriate action.

that's why it's necessary to check whether gambling is allowed in your country or not. or how is the license your gambling platform, whether it is legal or not, because banks are very sensitive to all transactions carried out by their customers. they are concerned that the money transacted by their customers comes from illegal activities which are not in accordance with bank/state regulations which could threaten their operations.

and since raven is a digital bank, it seems they are more sensitive to matters related to gambling and activities that do not comply with their regulations that could jeopardize their license. and unfortunately, when your account is banned/blocked you can't access your money until the problem is resolved. therefore, you need to explain this problem until it is resolved to the bank.

No, I haven't as I'm used to crypto gambling platforms solely. And that is why other gamblers should also seek for crypto casinos to play. It's very annoying to have issues with banks and local regulators due to gambling. It consumes a lot of time, energy and potentially money from the person. The risk of playing at a dollar or local currency casino, when the activity isn't allowed in your jurisdiction, just doesn't worth the mental exhaustion you may suffer later, and sometimes to not make any profit at all.

Gambling has to be an entertaining activity which will bring pleasure and stress relief for the gambler. However, if you have your banking account blocked and money seized, the effect will be completely the opposite. It's like travelling during the Holidays to a precarious and miserable region: instead of relaxing and having fun, which are the main goals of a tourist on Holidays, you are going to have a lot of headaches, frustrations and negative memories once you come back home. The same way a tourist has to choose wisely where to travel, a gambler has to choose wisely in which platforms he is going to place his bets, premeditating the possible outcomes* of his decision.

*not outcomes of games' results, but outcomes of transactions: deposits, withdrawals; plus gambling status on his region, and potential consequences of receiving a transaction from a casino platform if tracked by local regulators.

I have not experienced it but here in the Philippines we have an exchange site called coins.ph and in their terms and conditions that they implemented years ago, it is not allowed to send or receive funds to or from a gambling site.

as other members have already mentioned the most possible reason why the accounts were banned is due to breaking one of their rules. if you don't mind, would you update us when the getravenbank.com customer support replies to you and gives the reason as to why the account was closed?

I think you're brother most have gone against their rules, maybe because of the gambling activity that the account has been involved in, they're either suspected it to be fraudulent, which your brother needs to let them know, that's if he gets across to the customer service.
But at least they are supposed to do their own due diligence before taking such action on the account, or getting across to the customer to ask some questions as to whatever they suspect before going on to ban the account. I will advise to your brother should continue in trying to reach their customer service, they have a lot of explanation to make.