Dear Diary: Now I Have To Go To My Bank Because My Bitcoin Wallet Account Got Limited

in #ulog7 years ago (edited)

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I received an email today now right after that I had gone for my dialysis stating that I have to complete my enhanced verification procedure so that I can conform with my online Bitcoin know-your -customer (KYC) protocols to financial institutions in my country.

Luckily our central banks here isn't that strict in cryptocurrencies but the law states that local online wallet providers/exchangers must comply with the law for anti-money launderiing so since I exchange my BTC to a local fiat for the reason that I can't use BTC to buy my medicine and other medical necessities locally here I must go to the system and comply with the law lest I won't be able to use cryptos for my own needs.

Here are those lists and I have decided to go for the Bank Statement

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I have nothing of the most documents listed here that they want me to submit except maybe the Bank Statement. Now my other bank always usually give me a bad hard copy of Bank Statement so I will go to the other bank which I hope the hard copy would be sufficient to fulfill my online wallet enhanced verification needs.

I also hope that they would accept my ID as i do not look anything like what is in the ID but the last time I have submitted they have not pointed it out for me so in that issue I may not get a problem. The only problem for me is going to the bank because my branch of account is quite far from my home and it wears me down by just sitting in a car going there.

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It sucks when these things happen but I have to accomplish this issue because it involves managing my money for my important medical needs. This is why I told my brother to make his own wallet because he has some complete documents to submit because he is employed and has a real property documents and most of the items listed above. But he would not listen to me as I think he really doesn't believe in cryptos, now I will just have to manage all my finances by myself.

Image credita: FB Gifs

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This is a sad new to hear dear, but i surely believe everything will work out, please try harder to convince your brother because crypto is real and safe if you know how to go about it, perhaps you can help link us to him so we can talk to him

yeah, these probelms are every where especially in undeveloped countries...it sucks when a 5 minute work takes hours of time.

again sad.....you should talk banker and problem this solution.

you have to be calm, everything has a solution ... seek support with an expert and you will soon find the solution

Oh no my friend please take my upvote as help raising alternative funds. I hope you are well.

Aww... I really sorry for you. Poor guy. Don't stress, God will provide.

oh really sad, you should talk about banker..

Dont worry everything will be fine from now onwards hope you will feel better

again sad
you should talk banker

Do not take any tension @cryptopie, this is very hard situation for you. ypu should talk the banker about this problem.