Given how hostile UK banks are to bitcoin it will be interesting to see if they even manage to open a GBP current account.
banks are not hostile to bitcoin..
my bank loves bitcoin. i know other people who's bank loves bitcoin.
what banks dont like is account holders saying they are selling 'advertising' through personal accounts and then the bank has to find out later they are selling bitcoins professionally.
its not the fault of bitcoin, it's the lie that causes funds to be frozen while they investigate.
as for the people that say "i phoned a bank and they do not open bank accounts that will be used for bitcoins." these people are talking to head office customer service reps, who have about as much experience of customer service as their previous job roles as shelf stackers at tesco. people need to organize a meeting with their local branch manager instead. sit down with said manager and talk about their business plan in a professional manner without lying.
personal accounts registered through a head office customer service rep, just wont cut it. if you have not spoke to a branch manager explaining your business operations, along with showing your knowledge of wire transfer regulations.. then that is where you(the people) have gone wrong.
(especially if you are going to do more then £800 in one lump or over £12k over a year)
and lastly. the foundation wont open a
GBP current account.
its a BUSINESS account they will open
rant over
