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RE: Banks Ban Bitcoin! You Cannot Be Serious!

in #cryptocurrency7 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.

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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.