RE: Banks Ban Bitcoin! You Cannot Be Serious!

You are viewing a single comment's thread from:

Banks Ban Bitcoin! You Cannot Be Serious!

in cryptocurrency •  7 years ago 

Great post! My financial advisor at my bank advised me not to make random or too frequent deposits to my bank account, or I would be flagged as suspect for money laundering. I had direct transfers(Interac) cancelled to Coinbase and another broker, but they didn't ban me from the bank. I'm a little worried about the direction banks are taking, to be honest.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

So, what do you do? Infrequent, but larger deposits?

I didn't cash out yet, but my advisor told me to deposit the same day as my paycheck, or to get a business acccount. I can also use Bylls(located in Montreal) to pay any bills with Bitcoin.

Maybe just buy cash/visa cards with crypto and have those mailed to your house?