Bitcoin Forum

Economy => Trading Discussion => Topic started by: dertin03 on July 09, 2013, 01:00:39 PM



Title: UK Buisness or any Bank Accounts letting you trade bitcoins
Post by: dertin03 on July 09, 2013, 01:00:39 PM
Okay so Lloyds tsb are pissed off I've been using my personal bank account as a bitcoin buisness but I barclays and Lloyds tsb denied me a buisness account is there anywhere that will accept me? They're must be as other people are still trading on localbitcoins and bitbargin what are you guys going?


Title: Re: UK Buisness or any Bank Accounts letting you trade bitcoins
Post by: tuheeden on July 09, 2013, 03:03:31 PM
Check out this:

http://www.coindesk.com/hmrc-uk-bitcoin-exchanges-dont-have-to-register-under-money-laundering-regulations/?fb_action_ids=145679408960512&fb_action_types=og.likes&fb_source=aggregation&fb_aggregation_id=288381481237582 (http://www.coindesk.com/hmrc-uk-bitcoin-exchanges-dont-have-to-register-under-money-laundering-regulations/?fb_action_ids=145679408960512&fb_action_types=og.likes&fb_source=aggregation&fb_aggregation_id=288381481237582)

It looks like the UK is moving to accept bitcoins more broadly..


Title: Re: UK Buisness or any Bank Accounts letting you trade bitcoins
Post by: DrGregMulhauser on July 09, 2013, 05:03:52 PM
Okay so Lloyds tsb are pissed off I've been using my personal bank account as a bitcoin buisness but I barclays and Lloyds tsb denied me a buisness account is there anywhere that will accept me? They're must be as other people are still trading on localbitcoins and bitbargin what are you guys going?

That's strange, since SpeedyBitcoin.co.uk uses Lloyds as their receiving bank. Maybe their gripe was with using a personal bank account for business transactions at all, rather than using a personal bank account for Bitcoin business transactions?

In case it's of any help, there's a separate list of banks reported to be hostile to Bitcoin (https://bitcointalk.org/index.php?topic=189917.0); although that doesn't answer your question, perhaps it could save you some time pursuing avenues that won't work out?


Title: Re: UK Buisness or any Bank Accounts letting you trade bitcoins
Post by: dertin03 on July 09, 2013, 08:30:41 PM
Just wanna say thanks a lot guys you've been really helpful. Much appreciated.


Title: Re: UK Buisness or any Bank Accounts letting you trade bitcoins
Post by: dertin03 on July 11, 2013, 07:49:50 PM
Hey just setting up with buisness account with cashplus anyone had any experience with them