List of Bitcoin Hostile (and friendly) Banks

[Mitchell]

Holland is not The Netherlands. It's a region in The Netherlands (Click). Please fix that.

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[kjlimo]

Well we certainly know how to fly under the radar of banks... put them all on a list with the word hostile!

I'm sure the (and friendly) will make up for the hostile accusations...

[BillieGin]

This is flawed. For the most part, Banks don't hate bitcoin - in fact they don't give a crap about BTC - they just review accounts monthly and if they see "money laundering" going on, they will shut the bank account down if it does not have the necessary regulations. That's most likely the case for Bitfloor's accounts and it was definitely the case for Intersango and for the 2 Canadian exchanges that just shut down.
For the most part banks and governments don't care about bitcoin yet. They just care about money laundering and so if you are operating an exchange, you'll need to get full fiat-world legal licensing for whatever jurisdiction you are in - or get accounts shut down after 30 days.

[NXTplayer]

for most of the bank and gov,bitcoin is not friendly.it's enemy.

[Guido]

is this list up to date?

what are the friendly banks?

personally never had any problems with nationwide in UK

[bitcoinboy163]

there is none for the Chinese ppl,they are so poor

[kehtolo]

Does anyone know what the status of Uni-Credit is, with regard to blocking transactions?
I am in Austria by the way.

I have a figure in mind of around €100k - has anyone had experience with this kind of transaction and this bank?

I had been thinking about just telling them there was a large figure to be transferred into my account sometime in x no. of days and to expect it, also that I am not anticipating any problems. But I don't want to even do this if it raises issues/questions. I was only going to tel them it was from the sale of some assets. But, like i said, i'm reluctant to even do this much, in case, well, you know.. banks!

[Maidak]

You can add huntington bank to this as a bitcoin (un)friendly bank.

[kjlimo]

You can add huntington bank to this as a bitcoin (un)friendly bank.

Oh noes!  Please do share what happened... if you'd rather it not be public, you can just PM me... or just PM me your phone number & I'll call you to discuss (without recording, hah).

Sorry to hear that.

[Maidak]

You can add huntington bank to this as a bitcoin (un)friendly bank.

Oh noes!  Please do share what happened... if you'd rather it not be public, you can just PM me... or just PM me your phone number & I'll call you to discuss (without recording, hah).

Sorry to hear that.

I made a quick post on it with a brief summary on my accounts with them here https://bitcointalk.org/index.php?topic=639144.0;topicseen

[Swordsoffreedom]

Noticed that Maidak already added it
Will agree that this looks like a hostile action from a bank
Sorry to hear that

[Harley997]

In terms of the US: many banks are hostile to bitcoin due to operation Choke Point.

I would not be surprised if other countries have been pressured to institute similar programs.

[kjlimo]

In terms of the US: many banks are hostile to bitcoin due to operation Choke Point.

I would not be surprised if other countries have been pressured to institute similar programs.

care to elaborate on Choke Point?  Is that a real thing?  Who's running it?

[Newar]

In terms of the US: many banks are hostile to bitcoin due to operation Choke Point.

I would not be surprised if other countries have been pressured to institute similar programs.

care to elaborate on Choke Point?  Is that a real thing?  Who's running it?

https://en.wikipedia.org/wiki/Operation_Choke_Point

[Harley997]

In terms of the US: many banks are hostile to bitcoin due to operation Choke Point.

I would not be surprised if other countries have been pressured to institute similar programs.

care to elaborate on Choke Point?  Is that a real thing?  Who's running it?

Here is an article on it
http://www.washingtonpost.com/news/volokh-conspiracy/wp/2014/05/24/operation-choke-point/

It is run by the DOJ (I believe). It basically is as attempt by the government to make banks not offer financial products/services (checking account, credit card processing, payment/ACH processing) to businesses that are legal but have "questionable" morals. Examples of businesses would be ones related to legal pot, porn, payday lenders, and bitcoin.

I use questionable in quotes because it is questionable by the government's own standards, and there is no accountability via congress. Congress has not passed any laws that make any of the types of businesses illegal.

[trix222]

Hello, here in France I do not have problem with "La Banque postale" (I can do transfers directly from the website of the bank) and I have a friend at "Crédit Agricole" which has no problem also (he must however move to his bank for each SEPA credit transfer).

We both use Kraken.

[tins]

If the OP would like to add to the list-
There are a chain of banks in the Midwest U.S.A. called Commerce Bank.
They are Bitcoin friendly. Accepting and processing transactions to and from BTC exchanges.

[cosmicapex]

Noticed Wells Fargo section is empty.

Have had Wells Fargo Checking Accounts & Loans for a few years now.  Lots of transactions with Coinbase & a few other Bitcoin related enterprises.  Never had any issues.

[Maidak]

In terms of the US: many banks are hostile to bitcoin due to operation Choke Point.

I would not be surprised if other countries have been pressured to institute similar programs.

care to elaborate on Choke Point?  Is that a real thing?  Who's running it?

https://en.wikipedia.org/wiki/Operation_Choke_Point

That is pretty absurd never knew about this until today or that some banks consider btc a "questionable" business.

[keithers]

Bank of America typically has no problems with debits and credits made from buying and selling BTC