Bitcoin Forum

Dear Sirs!
I’m a new in crypto currency.

The case is that I have an Idea for business activity and its related to Bitkoin.
So, I've tri to open a corporative account in Bank and was refused number of times the cause of that was a business activity.
I searching allot for the bank that will tolerate to the business activity and will meet with all requirement that I've got to the Bank. Such as tariffs, distant procedure of opening the Corporate account, etc.

I've being thinking and searching above described Bank in the web, but sadly got more questions then answers :'(.

So, I kindly ask an honored community of bitcointalk.org to give a little advice about choosing the Bank for corporate account for business that attached to crypto currency.

Many thenks in advance.

I'm not sure if your trolling......

But register a business and have all credentials and I am willing to bet you can open a bank account.  Unless you are selling miners, or something bringing in income from others I don't see the advantage.  A personal account has a lot of protection.  It's only if your wanting like a LLC i could understand other account.

Once I tell to the Bank representative that the business activity attached to the Cryptocurrency the Bank tells me that my business activity is not acceptable.
I must confess that two banks agreed to accept above mentioned business activity but, my company didn't meet with their requirements such as (for example) registered office in the Country of the Bank.

So, I ain't "trolling".

why does the bank even have to know what your business is doing. I have opened a few business bank accounts, and none of them asked me what my business was or what it involved, i turned in the EIN and my SSN and they gave me an account number. no questions, no problems. I could have been selling crack for all they knew.

But maybe list the business as a computer networking business or even better a data processing center. problem solved and you are not lieing in either case.

Cyberpinoy, excellent idea but, if You provide the Bank with false information on your business activity they can shut your corporate account and then what ?
Aditionaly when You open corporate account according to KYC and AML policies any Bank required to ask You about Your company's business activity

Guys come on I didn't tell that I'm stupid I said that I have a problem with the Banks. Do You think that I thought through all the nuances and at once decided to write here? :)

I hope that someone will be more useful than previous two ;D

Why were you denied a bank account? Did the bank gave you reasons why?

"Bitkoin "

LOL  ;D

LOL.. Your business will be short lived - YOu dont know how to spell.

BitKoin made me giggle also, but he may be a non-English speaker. A lot of languages use K for the hard C sound.

The question the OP is asking is not a new one. Lots of people have trouble with bitcoin related bank accounts. I think they are just afraid to get involved with something they do not understand. You may have to just go down a list and try a lot of banks. I would focus on banks in countries friendly to bitcoin and foreign customers. You might even try tax havens like the Virgin islands, Dubai, Panama? I wish i had more specific advice, but you have run into a common problem.