RBC closed my commercial bank account for having Bitcoin related activities.

[Lauda]

The banks aren't usually smart. Due to this you should avoid the ones like RBC.

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[freedomno1]

I just got a call from RBC (Royal Bank of Canada), they said that they closed my commercial bank account because my activities are related to Bitcoin.

I don't even sell or buy Bitcoins. I create physical encapsuler for physical cryptocurrencies (Not yet released).

I will close all my account at RBC and never deal with those scared crooks anymore.

I would suggest anyone having account with RBC and believing in Bitcoin to do the same.

Anyway, I needed to share that with you.

Curious on how old the account was with the Royal ?

[bitdigger2013]

Hi,

I am just going through the same issue, my accounts are 2 years old. My cross border account was shut down last week by RBC and now my accounts at RBC in Canada have been flagged and I was asked to stop bitcoin transactions or my banking relationship will be terminated. The branch manager informed me that they received instructions to close all RBC accounts (business or personal) that have any bitcoin or suspected bitcoin transactions. Very disappointed in the Canadian banks.

[cozk]

I just got a call from RBC (Royal Bank of Canada), they said that they closed my commercial bank account because my activities are related to Bitcoin.

I don't even sell or buy Bitcoins. I create physical encapsuler for physical cryptocurrencies (Not yet released).

I will close all my account at RBC and never deal with those scared crooks anymore.

I would suggest anyone having account with RBC and believing in Bitcoin to do the same.

Anyway, I needed to share that with you.

So what ? Last i heard bitcoin is legal and its none of their business.

Do they close accounts of shops selling dildos and stuff.