We all know why as all my businesses and transactions are bitcoin related which is why they have closed my accounts.
So if you bank at huntington and use bitcoins proceed with caution.
So if you bank at huntington and use bitcoins proceed with caution.
is it a business/commercial/personal account
is your business registered with the state and IRS
are you abiding to the wire transmission regulations
I had a personal account to handle bills a business that was registered with the state and IRS and nothing with wires.
Did they steal any money from your account?
No funds stolen or frozen just all cards and debit cards cancelled and full closure of all personal and business checking and savings will be closed this monday apparently. Pretty shady if you ask me so does anyone know of any bitcoin friendly banks?
you might want to try looking at the fiat side of your business and see why banks hate your business.. your obviously doing something on the fiat side they dont like.
too many people blame bitcoin when infact its their fiat transactions that do not follow wire transfer regulations, let me guess you have moved more then $1000-$15000 in one lump/day to an entity. (meaning not a bill payment to another business)
Theres nothing wrong i've done on the fiat side that I'm aware of I've always carried a healthy balance informed my banker of any large payments that were transferred or wired and why. I also always carried a savings that had plenty of funds that was never even touched. I'm honestly believing that this is due to bitcoin related transactions and trades.
No big deal man, at-least they did not freeze or steal your funds. Its up to the bank whether or not they allow you, to let them hold your money, if they deem you are a risk its ultimately their decision. I will personally avoid this Huntington bank, and others will as well if this is true, sad thing is they are clearly in the wrong and going forward I bet they will reverse this stance if this was the case.
I do agree with what Franky1 is saying, if your just funneling thousands of dollars between banks and not using the account like a "normal" person, this might seem fishy. I use several different Banking Accounts now, my Coin bank account is used to purchase anything that I consider "Virtual": Amazon AWS payments, Servers, Domains, Video Games, Netflix, etc. I also use the same account to pay for a cheap credit card that the same bank issued to me, max this out once a month to have something that looks like you are "paying" off with the coin account. So from their perspective they have more to lose than just someone with a savings account.
Find another bank; all of them want the 25 dollar wire fee and for you too have limited access to your funds so they can profit!
