Looks like my Huntington branch bank closed all my accounts possibly due to BTC

[franky1]

How could they close your account without any notice ?

you questioning it like its not right....

so you are saying if your debit card was stolen you dont want them to prevent further transaction

so you are saying if a wire transer was spotted going to a bank account that was suspicious you wouldn't want them to stop it.

instead you would want them to type up a letter explaining that funds are moving out of your account, post it to you and wait 14 days for a response.... oh wait hackers and pickpockets have now raided you dry... and its gone

banks privilege is to halt any transaction they feel is 'iffy'. sometimes for our benefit, sometimes to cause us hassle. all in all when most of us are earning a wage in bitcoins and buying groceries and paying rent, all these little issues wont be a problem to us as we wont be using bank accounts at all.

but the point is, if you want someone else to look after your dollars.. expect them to do things without your permission or warning, afterall thats the service the banks give, love or hate it.

this is why western union, paypal gets business. for those who hate bank wire transfer rules, its also why bitcoin is getting popular. so either learn the banks FIAT rules and follow them to the letter. or take your money elsewhere if you cant follow their rules.

its your money, but its their service.

[Ron~Popeil]

How could they close your account without any notice ?

you questioning it like its not right....

so you are saying if your debit card was stolen you dont want them to prevent further transaction

so you are saying if a wire transer was spotted going to a bank account that was suspicious you wouldn't want them to stop it.

instead you would want them to type up a letter explaining that funds are moving out of your account, post it to you and wait 14 days for a response.... oh wait hackers and pickpockets have now raided you dry... and its gone

banks privilege is to halt any transaction they feel is 'iffy'. sometimes for our benefit, sometimes to cause us hassle. all in all when most of us are earning a wage in bitcoins and buying groceries and paying rent, all these little issues wont be a problem to us as we wont be using bank accounts at all.

but the point is, if you want someone else to look after your dollars.. expect them to do things without your permission or warning, afterall thats the service the banks give, love or hate it.

this is why western union, paypal gets business. for those who hate bank wire transfer rules, its also why bitcoin is getting popular. so either learn the banks FIAT rules and follow them to the letter. or take your money elsewhere if you cant follow their rules.

its your money, but its their service.

If more of us voted with our dollars instead of just putting up with it things might actually start to change. Unfortunately people have grown accustomed to this kind of stuff and to actually do it requires a little effort. 

[Maidak]

If they don't want your business take it somewhere else. How you move your money really isn't something they have a right to control. 

I took it else where and they were happy to take my SSN and tax ID # without questions. All in all just a bummer though I really loved there online banking features.

[Meuh6879]

We all know why as all my businesses and transactions are bitcoin related which is why they have closed my accounts.

yep.

In europe, too ... bankster powaaa (they will loose hard and die high !)

[Ron~Popeil]

If they don't want your business take it somewhere else. How you move your money really isn't something they have a right to control. 

I took it else where and they were happy to take my SSN and tax ID # without questions. All in all just a bummer though I really loved there online banking features.

That sucks. I use Fidelity for banking. As a brokerage they are a bit more liberal by nature with this kind of stuff.

[Moebius327]

Did they froze your balance ?

Balance was not frozen only full account closure of personal savings/checking and my business savings/checking without any notice as to why.

How could they close your account without any notice ?

May be you can find lawyer to do something about this ...

They can, he agreed.

[leopard2]

...and taxpayers around the world saved this scum...not next time, hopefuly 

[redwhitenblue]

If you have a large amount of Deposits and Withdrawals (including ACH credits/debits) when compared to the average account balance then your account may be closed.

The above is a red flag of money laundering and check kiting (http://en.wikipedia.org/wiki/Check_kiting)

If you were conducting a lot of BTC buy/sells (with coinbase and/or with arbitrage across exchanges and/or buying BTC low locally and selling high locally) then this could trigger these red flags and your account could be deemed too risky.

[Beliathon]

See my sig.

[freedomno1]

I should ask if you hit any of the red flags for wire transferring
Large volume transactions back and forth in the account etc.

[Musent]

I just withdrew everything from my account associated with them :/

[risingtide]

I use several different Banking Accounts now, my Coin bank account is used to purchase anything that I consider "Virtual": Amazon AWS payments, Servers, Domains, Video Games, Netflix, etc. I also use the same account to pay for a cheap credit card that the same bank issued to me, max this out once a month to have something that looks like you are "paying" off with the coin account. So from their perspective they have more to lose than just someone with a savings account.

So you just have one separate bank account that you don't care about losing that interfaces w/ Coinbase?