List of Bitcoin Hostile (and friendly) Banks

[501]

There was a post on the Bank of America blog a week or 2 ago that was very pro-bitcoin. Also, I've spoken to my banker at BofA a couple of times about bitcoin investments and she has never mentioned anything negative about bitcoin or restrictions against it, which I'm sure she would have done if they were hostile towards it. So in my experience they seem to be pretty friendly towards it.

Chase definitely hates bitcoin and is doing everything in their power to shut it down.

[1714137838]

1714137838

[1714137838]

1714137838

[perlboy]

You can add the following to this list as well:
- Currency Fair (www.currencyfair.com.au)
- World First FX (Worldfirst.com)

Both have denied any Bitcoin related business from using their services quoting "banking partners" and "unregulated environment". Doesn't make a whole lot sense since I was trying to send money TO an exchange and had supplied my company & personal identification but anyway.

Stu

[Isokivi]

http://www.reddit.com/r/Bitcoin/comments/1rqfjj/major_dutch_bank_rabobank_blocks_payments_related/

[alberthendriks]

Rabobank did allow btc transactions before, Oct 9 in this thread:

I have used my Dutch Rabobank and SNS Bank accounts to buy Bitcoins from both BitStamp and MtGox. So they are friendly for now

But it has changed. Isokivi's reddit link is supported by nu.nl:
http://www.nu.nl/internet/3634064/rabobank-klanten-kunnen-lange-tijd-geen-bitcoins-kopen.html
Due to a "malfunction" 99% of all payments to exactly two bitcoin providers were blocked.

"It had nothing to do" with a leaked document a couple of days later, in which it was uncovered that the "Rabobank ethical commission" advices to "not cooperate with bitcoin trade":
http://tweakers.net/nieuws/92881/interne-commissie-rabobank-niet-meewerken-aan-bitcoin-handel.html

Rabobank is still in the top 3 Dutch banks, with ING and Abn Amro:
http://en.wikipedia.org/wiki/List_of_banks_in_the_Netherlands#List_of_Major_banks

Isokivi is right, this is a no-brainer. The Dutch bank "Rabobank" should be added to the list.

[freedomno1]

I feel a bit proud our thread/article was mentioned by Global News

http://globalnews.ca/news/996853/as-bitcoin-surges-canadian-banks-make-converting-to-cash-difficult/

[Isokivi]

I'll just leave this here:

[joesmoe2012]

I've updated the list once again.

Thanks for all the updates everyone.

When i have a little time i'll try to make the list a bit more readable as well.

[darkmule]

I'll just leave this here:

Especially if you do substantial biz with an entity like this, and you see a message like this, and you can actually do it without substantial inconvenience, I advise you immediately cancel any account you have with them, and if you are in IT anywhere and have choice of vendor, dump them from there, too, and let them know that shit is exactly why you're doing it.  (Of course, for the latter, make sure you actually do have the final choice on that matter and you won't wind up in trouble yourself).

A penalty or a boycott is not effective unless the company in question knows why they're losing business.

[xmrk2]

I'll just leave this here: https://i.imgur.com/Zd9ZLrO.png

I just checked, and this check box only appears for GBP. So perhaps some British-only regulation?

[zimmah]

it's funny how OKpay decided to ban bitcoin, while bitcoin was pretty much the only reason anyone would ever even use OKpay n the first place.

[Isokivi]

cp from reddit : "I've just been told by my bank, The Commonwealth Bank of Australia, that they won't allow me to transfer money to bitstamp.net so I can start buying bitcoins and other alts. I think that this is diabolical behaviour and I'm going to close my commonwealth bank account over this. What I would like to know is, what is the most convenient way to buy bitcoins from Australia?"

http://www.reddit.com/r/Bitcoin/comments/1sdmrq/commonwealth_bank_of_australia_blocking/

[bobsmoke]

cp from reddit : "I've just been told by my bank, The Commonwealth Bank of Australia, that they won't allow me to transfer money to bitstamp.net so I can start buying bitcoins and other alts. I think that this is diabolical behaviour and I'm going to close my commonwealth bank account over this. What I would like to know is, what is the most convenient way to buy bitcoins from Australia?"

http://www.reddit.com/r/Bitcoin/comments/1sdmrq/commonwealth_bank_of_australia_blocking/

This is not good news!

[bitpop]

Bank of America disabled my wire transfers after I sent money to a couple exchanges

[bobsmoke]

Someone reporting issues with Barclays in UK - in the same thread there is someone who is claiming not having issues...
http://www.reddit.com/r/Bitcoin/comments/1sgcm6/my_bank_has_frozen_my_account_because_i_sent/

[bnjmnkent]

I'll just leave this here:

You do not use the funds to purchase or exchange for crypto.

You do use the funds to send them to an exchange, where you trade.

Big difference. OKPay just wants to stay out of trouble.

[joesmoe2012]

I'll just leave this here:

You do not use the funds to purchase or exchange for crypto.

You do use the funds to send them to an exchange, where you trade.

Big difference. OKPay just wants to stay out of trouble.

Which is actually a good thing. Maybe now that they aren't working with US people and they are proactively telling people not to exchange crypto-currency without alicense, maybe they'll be around a while.

[Desensitizer]

Does anyone know the status of Virginia Commerce Bank in the united states? I am going to be starting to wire transfer money to bitstamp or btc-e soon and I was wondering if anyone had a clue as to how they might react. If noone does I will end up calling them and add them to the list.

[joesmoe2012]

Does anyone know the status of Virginia Commerce Bank in the united states? I am going to be starting to wire transfer money to bitstamp or btc-e soon and I was wondering if anyone had a clue as to how they might react. If noone does I will end up calling them and add them to the list.

Should be fine if you'r just sending a wire. THis list for banks that aren't friendly to bitcoin businesses, not individual stuff.

i would -not- call your bank prior to wiring to tell them its for bitcoins.

[jeppe]

this is nice to know !! thanks for sharing

[NABiT]

Slightly inaccurate title as “The account belongs to a payment service provider called PacNet Services Ltd, which Bit121 works with. Barclays therefore does not have a direct relationship with the bitcoin exchange” but:

Barclays Bank Takes GBP Deposits For New UK Bitcoin Exchange Bit121
http://www.coindesk.com/barclays-bank-uk-bitcoin-exchange-bit121/