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Topic: List of Bitcoin Hostile (and friendly) Banks - page 2. (Read 171452 times)

jr. member
Activity: 154
Merit: 1
Nordea Bank (operates mainly in Northern Europe) has openly criticized Bitcoin and cryptocurrencies in general since 2014. It has now gone a step further to ban all of its employees from owning cryptocurrencies: Nordea Bank Forbids Employees From Owning Cryptocurrencies

All levels have been put on notice: tellers, secretaries, IT personnel, and even cleaners and support staff - it is a surprise that all employees are banned – it is one thing to ban those engaged directly in the bank’s transactions, but it is another thing to ban cleaners too.

Nordea is not the first bank to ban crypto for its employees. JP Morgan has also taken a tough stance on Bitcoin, and CEO Jamie Damon threatened to fire anyone even suspected of owning crypto.
newbie
Activity: 33
Merit: 0
Balls, I just tried to buy some crypto with my bank card and the bank rejected the transaction. I was irritated initially but was going to let it go. After reading this thread, i feel i need to close my accounts with them as a matter of self respect. I hate how much power we've given them with OUR money.
member
Activity: 94
Merit: 10
Crypto Scotland Investor Digital Currency
Banks do only what clients do allowthem to do.
Easy.
One rejected payment = close your account.
I did.


How would you call a bank without clients?
Still a bank?
Perhaps Empty Bank.


Come one people, have some balls, don't let them F*** you. It's THEM who need US, and not US who needs THEM. FIAT will stay alive, and will work WITHOUT BANKS. So would any and each coin.

Bank is a middleman of lazy. Use cash. Do not be lazy. Cash smells better than virtual numbers. But I must admit, coins smells even better, when on a bull ride.

Exactly one charge back or reversal account closed.....
newbie
Activity: 10
Merit: 0
Banks do only what clients do allowthem to do.
Easy.
One rejected payment = close your account.
I did.


How would you call a bank without clients?
Still a bank?
Perhaps Empty Bank.


Come one people, have some balls, don't let them F*** you. It's THEM who need US, and not US who needs THEM. FIAT will stay alive, and will work WITHOUT BANKS. So would any and each coin.

Bank is a middleman of lazy. Use cash. Do not be lazy. Cash smells better than virtual numbers. But I must admit, coins smells even better, when on a bull ride.
member
Activity: 94
Merit: 10
Crypto Scotland Investor Digital Currency
Hi,

Any updated banks for UK,  Was using Tide Digital Business Account but was shut down in 7 weeks.

Any update on the list as was trading Bitcoin on LocalBitcoin and now looking to find another Bank Account
hero member
Activity: 966
Merit: 500
September 16, 2017, 02:05:57 AM
My bank is technically hostile toward Bitcoin in terms of using it for business. However, they do not look much into it and are also invested in the blockchain, so probably better than most banks.
full member
Activity: 208
Merit: 103
September 10, 2017, 02:10:40 PM
I've been looking into crypto-friendly UK banks myself as I don't want my current account suddenly frozen. Up to now, I've used https://bittylicious.com/ to buy crypto, which involves sending a direct payment to an individual from your account (Lloyds for me, notoriously crypto-UNfriendly!); so this doesn't probably flag use of bitcoin etc. Though I'm rather a small player.

For me, it's converting crypto to fiat which is of most concern. Previously I've used Sweden-based https://safello.com/ who have wired fiat to my regular bank account.

(I'll concede that neither Bittylicious or Safello have especially competitive rates but they have worked for me.)

After doing a little research I've come up with https://www.fidor.com/ where you then exchange euros for pounds at your bank, or http://www.nationwide.co.uk/products/savings/limited-access-online-saver/features-and-benefits if you don't hold a current account with them.

A subreddit on the subject that might be of interest:

https://www.reddit.com/r/BitcoinUK/comments/626tqv/crypto_and_uk_banks/

Also keen to hear feedback from anyone else in the UK who can suggest crypto-friendly banks / building societies. Also, I notice someone earlier suggested credit unions as another possibility. Anyone tried yet?

One other option I'm considering is transferring BTC/ETH to a TenX debit card*, which of course can then be used via Visa to purchase items (or pay bills etc) using fiat; though there is likely to be a whole can of worms opened up there regarding tax! Still, I've ordered a card anyway through their app:

https://play.google.com/store/apps/details?id=com.onebit.app

*TenX:

https://www.tenx.tech/

https://www.reddit.com/r/TenX/
newbie
Activity: 17
Merit: 0
September 10, 2017, 01:35:30 PM
Anyone have information regarding which UK bank is the best for crypto related activites? Worried that if I actually do make any money and try to withdraw it, bank will freeze/suspend account and lock up my money...Anyone have experience with this? Please chime in, appreciate it.
sr. member
Activity: 460
Merit: 254
September 09, 2017, 10:51:20 AM
Op can you update a little.

For Hungary citizens announcement. OTP bank is know that accepted bitcoin payment not they dont, but there is a catch.
Open credit card account in this bank you can receive 2000 dollars a day max without any checking from bank and transactions are instant, with no trace that is from bitcoin exchange.


Well the acceptance of the bitcoin is now increasing in a lot of countries bitcoin is acceptable and it is increasing the price more and more…I wanted to inform anyone looking well forgo is hostile. I  conformed with a source working for the well forgo the use to see the both owned and the business accounts related to the bitcoin be the risk but some of friends are using the open banks in their country.
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
September 07, 2017, 06:18:29 AM
Op can you update a little.

For Hungary citizens announcement. OTP bank is know that accepted bitcoin payment not they dont, but there is a catch.
Open credit card account in this bank you can receive 2000 dollars a day max without any checking from bank and transactions are instant, with no trace that is from bitcoin exchange.

newbie
Activity: 35
Merit: 0
Hi,

Would like to share this info:
HSBC in Hong Kong declined to open a bank account for us. They took 1 and a half weeks to tell us this while we were waiting for the account opening documents.

Noncetech will start pre-orders for its first official bitcoin mining rigs and cards next week, so HSBC has really inconvenienced us.



HSBC has a global policy against customer's crypto-trading. Following their $1.8 billion SEC-fine for laundering money for Mexican drug cartel, they are likely to remain on the sidelines for years to come.
newbie
Activity: 51
Merit: 0
which banks in the US are bitcoin friendly?
newbie
Activity: 34
Merit: 0


Did some research and it looks like the problem is on the Bitstamp side. Actually it seems like OTP is rater Bitcoin friendly:

https://translate.google.hu/translate?hl=en&sl=hu&u=https://www.otpbank.hu/privatebanking/Hir%3Fid%3D45546&prev=search

Just because one of their worker drones wrote an article about a hot topic on their pathetic private banking website doesn't mean they can't be blocking BTC related transfers as a policy.
I do not (yet) have any evidence to confirm Bitstamp's claims but a hostile OTP would be a blow Hungarians as they are the biggest bank in the country. They also happen to handle EUR/SEPA for a host of smaller institutions.
sr. member
Activity: 434
Merit: 252
You can add to your list Payza. They also support bitcoin. They do the conversion of course through the exchanger but so do all. I'm not interested in the recognition of bitcoin by the government or banks. We always have the opportunity to use our coins.
hero member
Activity: 2744
Merit: 761
Burpaaa
wow~~

thanks a lot, this is great useful to me!

Unfortunately,we were still in that unknown country, we doesn't have bank still that accepting btc,but there are banks that are easy to do cashout some can be for hour waiting confirmation to do cashout but there is one bank or security bank were too few at the moment that can do it instant not long waiting confirmation ,no need for card too.
full member
Activity: 236
Merit: 100
wow~~

thanks a lot, this is great useful to me!
sr. member
Activity: 420
Merit: 255
Bitcoin users will never trust the banking system. Even if the authorities of some countries recognize bitcoin and allowed banks operations with cryptocurrency. The very concept of bitcoin is contrary to the usage in the banking system.
hero member
Activity: 812
Merit: 501
Wow war banks vs bitcoin. I think this is an interesting thread. banks will not loose their market because new financial system. The blockchain system has caused banks think because the users of bitcoin are growing. As we know most bitcoin or cryptocurrency holders not depend on banking, that's the fact that banks not like bitcoin users.
hero member
Activity: 686
Merit: 500
If you are trading, and even if your percentage is as high as ours, there is a chance of loss.  If the bank stops your funds, then your chance of winning a lawsuit is 100% and that is a step up from the trading floor.
If it is about government and bitcoin debate then Bitcoin will definitely win.Bitcoin is crypto currency which is famous all around the world. If government even ban the bitcoin in a country but country cannot stop people to invest. There are many ways to cash out bitcoin. So bitcoin is best and never defeated. So i will prefer that there is now law created for to stop bitcoin.
sr. member
Activity: 1002
Merit: 254
Tontogether | Save Smart & Win Big
If you are trading, and even if your percentage is as high as ours, there is a chance of loss.  If the bank stops your funds, then your chance of winning a lawsuit is 100% and that is a step up from the trading floor.

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