joesmoe2012 (OP)
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December 17, 2013, 05:54:14 PM |
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okay, I have changed the format of the list a little bit as well. Instead of having two lists, one for good banks and one for bad, i've now made it so that its just one big list sorted by country.
what?
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bitpop
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December 18, 2013, 02:48:03 AM |
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lol
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johnyj
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Beyond Imagination
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December 18, 2013, 05:23:01 AM |
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OP should correct the original post, Swedish SEB bank just informed me to not use my account to do bitcoin related transactions
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bitpop
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December 18, 2013, 05:24:25 AM |
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okay, I have changed the format of the list a little bit as well. Instead of having two lists, one for good banks and one for bad, i've now made it so that its just one big list sorted by country.
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seventoes
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December 18, 2013, 08:02:42 PM |
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The new-ish online-only bank Simple are Bitcoin friendly! I asked the other day and their response was: Hi,
We won't close your account because of a transfer from Coinbase. I didn't even know until recently that people were having that problem at other banks! So weird. Anyway, you're safe making that transfer into Simple.
Have a good night!
-Caitlin The response specifically only mentions Coinbase while I asked about Bitcoin and exchanges in general, but based on their attitude towards everything else I'd say they're completely bitcoin-friendly.
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bitpop
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December 19, 2013, 08:46:28 AM |
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Too bad I just closed my simple But you have an oversight, they are not a bank, find the real servicer
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kik1977
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December 19, 2013, 11:22:04 AM |
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If interested, I used the following banks to fund accounts both with MtGox and Bitstamp:
Italy: Fineco Bank (Banca Fineco) Switzerland: UBS
No problems from them; last wire transfer done 1 month ago. Hope this helps. OP if you need more info you can PM me.
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We are like butterflies who flutter for a day and think it is forever
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Isokivi
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December 19, 2013, 03:00:24 PM |
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Bitcoin trinkets now on my online store: btc trinkets.com <- Bitcoin Tiepins, cufflinks, lapel pins, keychains, card holders and challenge coins.
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PolkRB
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December 31, 2013, 09:57:32 PM |
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Too bad I just closed my simple But you have an oversight, they are not a bank, find the real servicer
If you don't mind me asking, Why did you close it? I'm considering signing up with them and was wondering if there was anything you didn't like? thanks.
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qiwoman
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January 01, 2014, 08:42:28 PM |
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Des anyone know which banks in Canada allow bitcoin businesses to open business accounts? I have been approached by a U.K company wanting to expand in other countries to open a branch in Canada so anyone know which banks are Pro bitcoin business friendly please pm me or post here thanks. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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freedomno1
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Learning the troll avoidance button :)
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January 03, 2014, 01:30:49 AM |
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Des anyone know which banks in Canada allow bitcoin businesses to open business accounts? I have been approached by a U.K company wanting to expand in other countries to open a branch in Canada so anyone know which banks are Pro bitcoin business friendly please pm me or post here thanks. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) It's fairly difficult in Canada now with the Banks, I would say it depends on what type of business you want to create as you can see through the Virtex Thread, if you want to try perhaps do so with a Credit Union https://bitcointalk.org/index.php?topic=218435.380Someones complaint https://bitcointalk.org/index.php?topic=341066.0
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Believing in Bitcoins and it's ability to change the world
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Suikoden
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January 16, 2014, 09:38:46 AM Last edit: January 16, 2014, 09:49:47 AM by Suikoden |
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Anyone from the US able to chime in on banks that are friendly towards bitcoin? Specifically, to do deposits/withdrawals from Coinbase and Bitstamp with minimal fuss (amounts upwards of $10,000). Most of the information that came up in my search was a few to several months old. Just want to make sure that it's still accurate.
I've seen mention that Bank of America is pretty friendly towards it. Is this still true?
Any others that are known to not make a fuss about Coinbase/BitStamp with amounts up to $10,000? Perhaps the online banks (like Ally)?
EDIT: I should clarify. When I say minimal fuss, I mean that the bank won't constantly call me every time a deposit comes in, or worse, reverse the deposit, freeze my account, or outright deny me using my own money to purchase bitcoins from BitStamp/Coinbase.
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joesmoe2012 (OP)
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January 16, 2014, 04:11:50 PM |
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Anyone from the US able to chime in on banks that are friendly towards bitcoin? Specifically, to do deposits/withdrawals from Coinbase and Bitstamp with minimal fuss (amounts upwards of $10,000). Most of the information that came up in my search was a few to several months old. Just want to make sure that it's still accurate.
I've seen mention that Bank of America is pretty friendly towards it. Is this still true?
Any others that are known to not make a fuss about Coinbase/BitStamp with amounts up to $10,000? Perhaps the online banks (like Ally)?
EDIT: I should clarify. When I say minimal fuss, I mean that the bank won't constantly call me every time a deposit comes in, or worse, reverse the deposit, freeze my account, or outright deny me using my own money to purchase bitcoins from BitStamp/Coinbase.
Try IAFCU.
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Suikoden
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January 17, 2014, 05:35:20 PM |
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Try IAFCU.
They're still bitcoin-friendly (or at least neutral)? They were one of the first ones I looked at due to this thread, and the articles I saw had said they were backing away from bitcoin. These were dated back in September/October or so. Is/was that not the case? Anyone using IAFCU for buying/selling bitcoins still? I suppose I'll give them a call today to see if I can get a straight answer.
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KSV
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January 21, 2014, 02:49:52 PM |
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OP should correct the original post, Swedish SEB bank just informed me to not use my account to do bitcoin related transactions
confirming this - they appear to be bitcoin friendly, its a pretence. They are not - thats the truth.
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sidehack
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Curmudgeonly hardware guy
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January 21, 2014, 08:01:58 PM |
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Just spent about half an hour at my local USBank to withdraw some money, most of which came from a CoinBase deposit. I was told that if I made too many more deposits from there, they would probably close my account. For my protection, apparently - something to do with transaction reversals. The bank manager probably didn't understand that bitcoin transactions aren't reversible, and that the exchange is basically buying and selling as a commodity so as long as their dollars aren't recalled (which is a risk with any deposit from any source ever, and accounted for in the process) the deposit is just as guaranteed as anything else. Not too happy about that.
Hopefully the other, local bank where my business accounts are will be a little more polite about it.
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skivrmt
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January 21, 2014, 08:05:16 PM |
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Anyone from the US able to chime in on banks that are friendly towards bitcoin? Specifically, to do deposits/withdrawals from Coinbase and Bitstamp with minimal fuss (amounts upwards of $10,000). Most of the information that came up in my search was a few to several months old. Just want to make sure that it's still accurate.
I've seen mention that Bank of America is pretty friendly towards it. Is this still true?
Any others that are known to not make a fuss about Coinbase/BitStamp with amounts up to $10,000? Perhaps the online banks (like Ally)?
EDIT: I should clarify. When I say minimal fuss, I mean that the bank won't constantly call me every time a deposit comes in, or worse, reverse the deposit, freeze my account, or outright deny me using my own money to purchase bitcoins from BitStamp/Coinbase.
I use a national KeyBank account with Coinbase and have never had any issues with them. I've never asked them about it, but I do a lot of transactions in and out of the account and those transactions are just part of the daily transactions. Yet. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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cp1
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January 21, 2014, 08:05:34 PM |
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The internet credit union is located in NJ, not CA.
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prasnik
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February 01, 2014, 02:48:53 PM |
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Can anyone shed light on direct experiences with major US banks that have been bitcoin friendly? we're a US based start-up looking to find someone who won't screw us over just because we work in the btc space.
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joesmoe2012 (OP)
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February 01, 2014, 10:32:56 PM |
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The internet credit union is located in NJ, not CA.
This is not correct. It's the Internet Archive Federal Credit Union (IAFCU) and their first branch and ATM are located in san francisco area. They are bitcoin friendly, I've seen the people who build the bank speak at multiple bitcoin conferences/other events specifically about this. It's one of the main reasons they built this bank. Pretty much any US bank isn't going to have an issue with an occassional coinbase transaction. HOwever since coinbase doesn't batch their transactions, if you make a couple dozen transactions in a day, you're going to have a couple dozen ACH to/from your bank account - your bank won't like that.
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