Australian Bitcoin Investors Claim Banks are Shutting Down Their Accounts.

[cryptoislove]

Is it true? I heard that Australian Bitcoin Investors Claim Banks are Shutting Down Their Accounts. Bitcoin investors in Australia have claimed that major banks including National Australia Bank, ANZ, the Commonwealth Bank of Australia and Westpac Banking Corporation, have started to freeze the bank accounts of cryptocurrency traders without prior notice.

[LeGaulois]

See the discussion here Bitcoin Accounts Frozen As Australia Banks Crack Down on Crypto



https://twitter.com/BitcoinBabeAU/status/946575047254204417/photo/1

Commonwealth Bank’s June 2017 terms and conditions for CommBiz accounts specifically excludes this activity, saying it can refuse to process an international money transfer or an international cash management transaction “because the destination account previously has been connected to a fraud or an attempted fraudulent transaction or is an account used to facilitate payments to Bitcoins or similar virtual currency payment services

http://www.smh.com.au/business/bitcoin-tensions-rise-as-investors-claim-banks-freezing-their-accounts-20171229-p4yy3z.html