Bank stops all my payments to exchanges. Now what?

[WeThePe0ple]

Change the bank? I don't even know which one is fine for this.
I'm located in Belgium. I tried joining crypto groups on facebook. It seems that others had no problems a while ago. But they go for DCA or small amounts. Trying to stay under the radar while I want to be open about it. Buying BTC is not illegal in Europe. But banks treat you like it is.
My bank instantly blocked payments (6k) to Binance and Bitvavo.

Now I'm gonna miss out on the opportunity. I wish I could hold them accountable.

[noorman0]

Which do you want to keep, Bank or Binance? You will have to switch to another local bank or another exchange. Alternatively you can keep both if you use the P2P marketplace which you can find at kycnot.me, but that requires additional costs for service fees and sending your coins.

[hatshepsut93]

Did they deny your payments or freeze them and your account? If you can still move your money, you can send them to other bank that is more crypto-friendly. Ask some people from your country who have experience which banks they use and if they moved larger amounts. You can even try to open account in a bank of another country, but it would come with higher fees. Or use PayPal which also has larger fees. There's also p2p trading where you will make a bank transfer to another person, but that can be quite risky because banks treat such transactions as suspicious when large transactions happen.

[WeThePe0ple]

Did they deny your payments or freeze them and your account? If you can still move your money, you can send them to other bank that is more crypto-friendly. Ask some people from your country who have experience which banks they use and if they moved larger amounts. You can even try to open account in a bank of another country, but it would come with higher fees. Or use PayPal which also has larger fees. There's also p2p trading where you will make a bank transfer to another person, but that can be quite risky because banks treat such transactions as suspicious when large transactions happen.

Just denied.

All other transactions are fine. I just realized that PayPal is also a payment option for the Bitvavo exchange (not on Binance). The 2% fee on a 6k transfer costs me 120.

There may be some merit though. Typically PayPal takes the money out of the bank account. If the money isn't there, I have to pay a fee.
The advantage is that the money is transfered from my bank to PayPal, and not to the exchange. This means that my bank does not know that the 6k is a crypto investment, and so they can't flag it to the IRS. Or am I wrong about that? I don't know if PayPal has to disclose what the 6k was for.
It could be for furniture..

I'll reconsider tomorrow. I hope that BTC doesn't make more crazy pumps like it did last night. I freaked out when it jumped 8k in a heartbeat, just to get right back. I still don't know what happened there

[mk4]

Do you have a sort of "more-legally accepted" exchange for Belgium? Binance tends to stay in the gray area in terms of legality so things like this aren't really that surprising.

Also, since you already have a Binance account, have you tried their P2P exchange?

[Poker Player]

This is not uncommon for certain amounts, but the best thing to do would have been to talk to your bank and tell them to allow you to make the payment. They cannot block a payment of your money to buy a legal asset.

The moral of the story is that they are blocking money that is yours, which means that the money we have in the bank is less ours than we think.
 
The paypal option is not bad, but in any case if PayPal discloses what the money is for, they will send it to the tax authorities in your country, not to the bank.

[Taskford]

Change the bank? I don't even know which one is fine for this.
I'm located in Belgium. I tried joining crypto groups on facebook. It seems that others had no problems a while ago. But they go for DCA or small amounts. Trying to stay under the radar while I want to be open about it. Buying BTC is not illegal in Europe. But banks treat you like it is.
My bank instantly blocked payments (6k) to Binance and Bitvavo.

Now I'm gonna miss out on the opportunity. I wish I could hold them accountable.

Bank actually don't want their depositor to engage on any crypto currency activities that's why you need to be more careful dealing with it using your card. Much better if you find another merchant accepting fiat and exchange it to BTC or any crypto you want to be out on trouble.

Also to make all clear as stated by people here go to your bank and ask about that situation since they are the one who can make you understand about certain things that you want to know. Also much better if you avoid doing transaction using your bank account to any crypto platform since this might be illegal or unacceptable to them.

This is why I don't actually like to use bank because we can't decide for our own since they always have the full control of our money.

[m2017]

Change the bank? I don't even know which one is fine for this.
I'm located in Belgium. I tried joining crypto groups on facebook. It seems that others had no problems a while ago. But they go for DCA or small amounts. Trying to stay under the radar while I want to be open about it. Buying BTC is not illegal in Europe. But banks treat you like it is.
My bank instantly blocked payments (6k) to Binance and Bitvavo.

Now I'm gonna miss out on the opportunity. I wish I could hold them accountable.

Cases like this are a great reminder on whether or not you should keep your money in banks. Look, you can't even use/spend your money the way you want and the bank doesn't allow you to manage your assets the way you want. Who is the actual owner of this money? You or the bank?

The bank doesn't allow you to make transactions directly on Binance and Bitvavo. Ok. How to bypass this problem? What if you buy BTC, for example, through the exchanger's aggregator  Bestchange and transfer BTC to your account in Binance and Bitvavo? Won't this solve your problem?

[kentrolla]

Just want to clear one thing have they blocked the transaction or transfer only to these two exchanges you have mentioned? Better reaching out to bank to have a check why these transactions were blocked since bitcoin or crypto is not illegal in Belgium there should be a valid reason and if it's to do only with Binance and Bitvavo then go for other exchanges else if they say iits some rules they have implemented to safeguard their bank users as they use terms like safeguarding etc, then go for some other banks which don't have these restrictions post checking with crypto community based on Belgium.

[o_e_l_e_o]

This means that my bank does not know that the 6k is a crypto investment, and so they can't flag it to the IRS.

Any centralized exchange you used will be passing your details to your relevant tax agency, even if your bank aren't. If you use a centralized exchange your privacy will always be zero.

If your bank has blocked your purchases via centralized exchanges, then the best option for you would be to choose a decentralized or peer to peer exchange such as Bisq or AgoraDesk.

[Jegileman]

You’ve not missed out on the opportunity just yet. You can change the bank to the one that accepts cryptocurrency and allows you to transact crypto easily with them. The issue should be from your bank because all exchanges accepts payment from banks but not all banks allow purchase of cryptocurrency through their platform. Change the bank, transfer your money out and try buying through the new bank. This time it should work unless the bank is not crypto friendly too.

[Z390]

I am confused, how are you making payment to binance account? There shouldn't be any link that says you are buying crypto on binance, if I want to use Fiat to buy Bitcoin on binance I always use their peer to peer and I always send the Fiat to someone's account, it's just like sending a friend some money, there is no binance account involved, unless you proceed and write something about crypto in the transaction description.

Bitcoin was once ban in my country and they are freezing customers account that's involved with crypto transactions but mine was never freezed because I don't pay to any crypto platform account, not for once before, I think the best option is to find a P2P platform to make your purchases from now on, for example Bisq and few others.

You can also create a new bank account, there are many online banks available around the world today and use yout account to fund the new bank account then use it to buy crypto, remember, dont always add any words partaining crypto at all in your description.

[WeThePe0ple]

This is not uncommon for certain amounts, but the best thing to do would have been to talk to your bank and tell them to allow you to make the payment. They cannot block a payment of your money to buy a legal asset.

The moral of the story is that they are blocking money that is yours, which means that the money we have in the bank is less ours than we think.
 
The paypal option is not bad, but in any case if PayPal discloses what the money is for, they will send it to the tax authorities in your country, not to the bank.

I know that banks and governments will fight back with taxes and criminal sentences. This is why I will transfer the Satoshis (with the current price range I can only go for 1/4 BTC) to my mother in law who lives overseas. This is a present. Sending this to her and making her the lawful owner is legal and it bypasses all taxes they try to impose on us here.

[WeThePe0ple]

You’ve not missed out on the opportunity just yet. You can change the bank to the one that accepts cryptocurrency and allows you to transact crypto easily with them. The issue should be from your bank because all exchanges accepts payment from banks but not all banks allow purchase of cryptocurrency through their platform. Change the bank, transfer your money out and try buying through the new bank. This time it should work unless the bank is not crypto friendly too.

Agreed. But this way I have to know which bank I should transfer to.
I'm in a few facebook groups but none of these people are professional and the advice they gave me doesn't seem to work out. They said that there have never been problems but they only transfer amounts that are insignificant. I want to transfer 15-20k and 2 or 3 deposits.
I know a few people who are into this more professionally, but they are very secretive and don't help.

[WeThePe0ple]

Also to make all clear as stated by people here go to your bank and ask about that situation since they are the one who can make you understand about certain things that you want to know. Also much better if you avoid doing transaction using your bank account to any crypto platform since this might be illegal or unacceptable to them.

I know for a fact that at the moment, this is not illegal.
I was writing an email to them yesterday night, but I was very hesitant to click send and I ended up not sending.
It says in the disclaimer that they can use emails in legal battles. Every word I type can and will be used against me.
Most likely my email will be forwarded straight to the IRS. I'll officially be exposed as a crypto investor and I feel bad about that. It is an open invitation to a tax agent who will treat me like a criminal. They will come over to check all my tax declarations, also for my normal job. And they always find something to make people pay.

I considered typing in the email that this crypto currency will be gifted to my family overseas. I can literally prove this too and I do not have to pay taxes on it. Case closed on my part then, but I do have to handle the tax authorities when they come over.
In the facebook groups I'm in, there are cases of tax agents who demand to see crypto transactions of users.

[Findingnemo]

First of all, it is within the rights of banks to deny payments for particular services especially if their central bank is not interested in adopting cryptocurrency in any way. What you can do is buy via p2p platforms but in smaller amounts, at first and everywhere you need to submit KYC so that process is the same with exchanges and p2p.

I would say try Paxful and click the offers from trusted verified vendors only which means only accounts with huge trading volume will be visible and they are good to go as far as I know.

[LoyceMobile]

Have you tried the Dutch site Bitonic? Your bank may be less "afraid" if you keep it within Benelux.

[Porfirii]

I'm very sorry OP, your case was very common in Spain a few years ago when my interest in Bitcoin started, so the first thing I did was to ask my bank if there would be any problem with that.

In your case, I agree that your best option is to change your bank, and about the money, I guess that you'll have to wait a little bit to recover it but that it will be solved soon, so don't desperate.

[Franctoshi]

Even though in your country crypto is not illegal, Most banks seems they are at war with crypto and are not friendly with any crypto transactions.
Since you already got account with Binance, I will suggest you totally avoid using cards to buy Bitcoin and use the P2P platform instead, Using Bank cards puts your account in a radar and too Binance is a well known platform so any transaction linking to Binance will be on scrutiny by the Bank and that's why your transaction was blocked.

[cryptoaddictchie]

I'll reconsider tomorrow. I hope that BTC doesn't make more crazy pumps like it did last night. I freaked out when it jumped 8k in a heartbeat, just to get right back. I still don't know what happened there

Well its better to be prepared always. We dont know when the potential or heavier pump bitcoin will do so we must have bought now or earlier not like when its already been pumping. How about dex? Or p2p would you consider that if its banking not working for you.

[Shishir99]

I am glad I do not have such problems. Even though Bitcoin is banned in my country. I usually use P2P on centralized exchange to buy or sell, and I never get linked with the exchange. So, my bank doesn't even know if I am doing it to buy or sell Bitcoin. I guess you can try to buy crypto using the Binance P2P service and pay directly to the seller's bank account. But be aware of scammers. Always screen record your transactions so you can submit them to Binance if the seller tries to scam you. Always deal with people who have done 500+ deals and 100% success rate. The exchange will know that you are using the bank account. But the bank won't notice it if the other party does not inform them.

[WeThePe0ple]

I'll reconsider tomorrow. I hope that BTC doesn't make more crazy pumps like it did last night. I freaked out when it jumped 8k in a heartbeat, just to get right back. I still don't know what happened there

Well its better to be prepared always. We dont know when the potential or heavier pump bitcoin will do so we must have bought now or earlier not like when its already been pumping. How about dex? Or p2p would you consider that if its banking not working for you.

I thought about using PayPal. But I can imagine that they have to disclose what the payment was for, if my bank asks.
It's weird because it is perfectly legal to invest in BTC. They just hate that we turn to it and want to seek revenge by sending tax agents after us.

I've never used P2P and I might make big mistakes with it. Meanwhile the clock is ticking.
I don't feel comfortable sending 5k via P2P or dex. I wish I had a person of trust near me who could guide me in this. I know a bitcoin whale but he is secretive and doesn't really help.

[WeThePe0ple]

I am glad I do not have such problems. Even though Bitcoin is banned in my country. I usually use P2P on centralized exchange to buy or sell, and I never get linked with the exchange. So, my bank doesn't even know if I am doing it to buy or sell Bitcoin. I guess you can try to buy crypto using the Binance P2P service and pay directly to the seller's bank account. But be aware of scammers. Always screen record your transactions so you can submit them to Binance if the seller tries to scam you. Always deal with people who have done 500+ deals and 100% success rate. The exchange will know that you are using the bank account. But the bank won't notice it if the other party does not inform them.

I am very susceptible to these scammers, hence why I do not feel comfortable with this.
I don't know if my bank will report my transactions if I buy via PayPal. I can send 5k to PayPal with my first bank, transfer money to my second bank and then do another 5k with PayPal there. But I imagine that it would just cause my first bank to call the second one and scrutinize me. Tax agents have an overview of all bank accounts any citizen owns.

Banks seem to pretend that what I am doing is illegal. It is not.
They treat my money like it is theirs. I'm sure they act this way because the Ponzi scheme that they call a monetary system, is very vulnerable to liquidity. My money is lent out for other investments.

[Shishir99]

I am very susceptible to these scammers, hence why I do not feel comfortable with this.

I understand your problem. But, YI, you can filter the ads and deal more securely. I have used Binance to sell my USDT more than three hundred times and there were two or three scam attempts but each time the scammer was banned by Binance. Here is what you could do, you can try this with a small amount of money.

Go to trades and go to P2P. Click on Buy and then click on the filter Icon. Enable "Verified Merchant Ads only" which will show Binance verified merchants ads. Select bank transfer as payment method and click Confirm. Check the number of trades they did and check the completion rate. make sure the number of trades is over 500 and the completion rate is 100%.

[Rimueng]

Change the bank? I don't even know which one is fine for this.
I'm located in Belgium. I tried joining crypto groups on facebook. It seems that others had no problems a while ago. But they go for DCA or small amounts. Trying to stay under the radar while I want to be open about it. Buying BTC is not illegal in Europe. But banks treat you like it is.
My bank instantly blocked payments (6k) to Binance and Bitvavo.

Now I'm gonna miss out on the opportunity. I wish I could hold them accountable.

so, this depends on the country you live in, especially in Belgium, maybe your transaction is suspected by the bank because it is included in a large transaction. Just use an exchange like binance might be an alternative.

[Shishir99]

so, this depends on the country you live in, especially in Belgium, maybe your transaction is suspected by the bank because it is included in a large transaction. Just use an exchange like binance might be an alternative.

That's what I have suggested to him as well. Also, he might deal with reputed forum members and can start with a small amount of Bitcoin. He can use forum escrow's as well if he wants. The banks have never been crypto-friendly. Some banks started to accept crypto, but that's because they want to grab crypto users. As soon as they will get the desired number of accounts, once again, they will start behaving like it's illegal in their bank even though it's not. I am wondering if this countries have mobile banking like we have Bkash in Bangladesh and India has PayTM. People can use them and banks never ask for the transaction details.

[jrrsparkles]

I've never used P2P and I might make big mistakes with it. Meanwhile the clock is ticking.
I don't feel comfortable sending 5k via P2P or dex. I wish I had a person of trust near me who could guide me in this. I know a bitcoin whale but he is secretive and doesn't really help.

You shouldn't be trusting 5K via p2p trader in the first place unless the trading person has dealt with huge trading volume in the last 30 days. But you can try spilling them like 500 in 10 transfers which won't take that long to be honest but pick the right trader, trusted and KYC verified on the platform and just ignore all the offers that is providing deals at the discounted price that is too good to be true because its mostly coming from hacked bank account.

[2girls]

Change the bank? I don't even know which one is fine for this.
I'm located in Belgium. I tried joining crypto groups on facebook. It seems that others had no problems a while ago. But they go for DCA or small amounts. Trying to stay under the radar while I want to be open about it. Buying BTC is not illegal in Europe. But banks treat you like it is.
My bank instantly blocked payments (6k) to Binance and Bitvavo.

Now I'm gonna miss out on the opportunity. I wish I could hold them accountable.

You can also use other exchanges, BTW which exchange are you now using? I think Binance? If you are using the Binance then it doesn't' have any problem you can safely buy the bitcoin and deposit it wherever you want.

And if you are using the bank account you have, you can also change that account and shift to another account. So, may be they give you your money. That will be the second solution to your problem.

[Renampun]

Change the bank? I don't even know which one is fine for this.
I'm located in Belgium. I tried joining crypto groups on facebook. It seems that others had no problems a while ago. But they go for DCA or small amounts. Trying to stay under the radar while I want to be open about it. Buying BTC is not illegal in Europe. But banks treat you like it is.
My bank instantly blocked payments (6k) to Binance and Bitvavo.

Now I'm gonna miss out on the opportunity. I wish I could hold them accountable.

Have you received back the money that was blocked by the bank, because they will definitely hold your money based on suspicion that you used the funds for illegal transactions or other things, but if there are no regulations prohibiting buying crypto in your country, you should be able to get it. You can get your money back easily, by just showing proof that you didn't use the money for anything bad. In the future, if your bank prohibits you from purchasing crypto then you can use P2P trading, there are many options available now.

[Saint-loup]

Change the bank? I don't even know which one is fine for this.
I'm located in Belgium. I tried joining crypto groups on facebook. It seems that others had no problems a while ago. But they go for DCA or small amounts. Trying to stay under the radar while I want to be open about it. Buying BTC is not illegal in Europe. But banks treat you like it is.
My bank instantly blocked payments (6k) to Binance and Bitvavo.

Now I'm gonna miss out on the opportunity. I wish I could hold them accountable.

Could you name your bank? I think it's important to "name and shame" those banks to let know crypto users which ones they should avoid. Many banks are against cryptocurrencies and even CBDC, they fight against BCE and european legislator in order to prohibit cryptocurrencies and to delay and limit the use of future CBDCs the more they can.
N26 exists in Belgium AFAIK and they are rather crypto friendly but you could ask to belgian users at the dutch local board or the french speaking one to get other good banks.

[darkangel11]

Try other EU exchanges like kanga or bitpanda and maybe your bank won't block your transfers.
If it does, try to contact the bank and authorize these transfers. Ask why they money was blocked and say that you aren't being scammed but simply want to invest in the crypto space.
If all fails, change the bank and try to set up an account outside of Belgium.

I know that it's a problem in your country, since despite Eu regulations for crypto, it remains unregulated in Belgium. They seem to be a bit lazy when it comes to bitcoin, like they're afraid to touch it because it might infect them with libertarian opinions or something.

[Stable090]

Change the bank? I don't even know which one is fine for this.
I'm located in Belgium. I tried joining crypto groups on facebook. It seems that others had no problems a while ago. But they go for DCA or small amounts. Trying to stay under the radar while I want to be open about it. Buying BTC is not illegal in Europe. But banks treat you like it is.
My bank instantly blocked payments (6k) to Binance and Bitvavo.

Now I'm gonna miss out on the opportunity. I wish I could hold them accountable.

The first step that you should have taken is to visit the bank and ask why all your transactions are being denied. But I hope Bitcoin is not banned in your country? If it’s not, then when you visit the bank, they should be able to give a reason for denying your transaction. But if bitcoin is banned in your country, then it’s better you don’t even go close to the bank because you might end up making things worse for yourself. You are going against the country's rules. Since your bank blocks your transaction to your Binance account, it’s better you use their P2P service. The bank will think you are making a normal transaction, they won’t know you are purchasing crypto with the money. That’s a better alternative.

[TimeTeller]

Try other EU exchanges like kanga or bitpanda and maybe your bank won't block your transfers.
If it does, try to contact the bank and authorize these transfers. Ask why they money was blocked and say that you aren't being scammed but simply want to invest in the crypto space.
If all fails, change the bank and try to set up an account outside of Belgium.

I know that it's a problem in your country, since despite Eu regulations for crypto, it remains unregulated in Belgium. They seem to be a bit lazy when it comes to bitcoin, like they're afraid to touch it because it might infect them with libertarian opinions or something.

If he will try other banks, better deposit small amount first and do his transaction, see if it will go thru.
Otherwise, try looking for reputable p2p in his area. For sure there are services of that kind that he can find.
Also, don't know the reason why the OP's bank is blocking his binance transactions but crypto is still unregulated in his country.
So I have the feeling that this move depends on the bank itself. It is not overall protocol of the banks in his area.

[Huppercase]

Change the bank? I don't even know which one is fine for this.
I'm located in Belgium. I tried joining crypto groups on facebook. It seems that others had no problems a while ago. But they go for DCA or small amounts. Trying to stay under the radar while I want to be open about it. Buying BTC is not illegal in Europe. But banks treat you like it is.
My bank instantly blocked payments (6k) to Binance and Bitvavo.

Now I'm gonna miss out on the opportunity. I wish I could hold them accountable.

First, you said Bitcoin is not illegal in Europe and I know Belgium is under Northwestern Europe, then why will the banks hold your paymenyt? On what ground do they did that unless there is more to the story. If the Central Bank didn't give them that directive to confisticate transactions that are involved in cryptocurrency, I don't think they have the power to impose that monetary system to the people, unless I repeat they have the power from the government and the Central Bank.

If there is nothing like such of preventing people from doing crypto payments to exchange, kindly storm the bank and make your complaint to the customer service but if there is something like that guideline of crypto de-payment and facilitation to exchange, kindly abort because you don't know what they might do to you because you broke the law.

To avaid this problem next time, you can used an exchange like Binance to buy your crypto through P2P transaction but when you intend to send the payment to the seller, make sure you don't include the crypto related words in the transaction reference, your name is enough as proof of payment and as soon as your paymet is comfirmed by the merchant seller, he/she is going to release your crypto for you which you can see on your funding wallet and you can withdraw it to external wallet of your choice, a win win for you, the bank, the seller and the exchange without any problem and I think p2p attract zero charges.

[pawanjain]

Change the bank? I don't even know which one is fine for this.
I'm located in Belgium. I tried joining crypto groups on facebook. It seems that others had no problems a while ago. But they go for DCA or small amounts. Trying to stay under the radar while I want to be open about it. Buying BTC is not illegal in Europe. But banks treat you like it is.
My bank instantly blocked payments (6k) to Binance and Bitvavo.

Now I'm gonna miss out on the opportunity. I wish I could hold them accountable.

Binance also has a P2P feature which you can try. It is monitored by Binance and so it's better in case of any disputes.
You can also change your local bank and deposit an amount in it which you want to buy crypto for.
Or if there is any other local exchange in your country then you can deposit money there and then transfer your coins to your wallet.

[Crypt0Gore]

1. Don't use any bank cards, e.g Master Card or others.

2. All eye are on you, they already know that you are into crypto investment, I think you should find another bank and stop buying crypto directly with your bank account, you can consider peer to peer purchase, where you only need to send money into someone else account, no crypto related and you will get BTC in return.

3. Even if this isn't happening, it's not safe to link your bank account with crypto, the idea is many believe that once you have relationship with crypto you are a millionaire, and this days even bankers are criminals, remember, they have your home address and information.

Why not do your own research on peer to peer means of buying Bitcoin and other crypto? Keep your involvement as secret, we don't know what will come up tomorrow, you can easily become a target if your government decide to go again crypto adopter, the chances is slim but its possible.

[Dunamisx]

Change the bank? I don't even know which one is fine for this.
I'm located in Belgium. I tried joining crypto groups on facebook. It seems that others had no problems a while ago. But they go for DCA or small amounts. Trying to stay under the radar while I want to be open about it. Buying BTC is not illegal in Europe. But banks treat you like it is.
My bank instantly blocked payments (6k) to Binance and Bitvavo.

Now I'm gonna miss out on the opportunity. I wish I could hold them accountable.

The Banks cannot just take actions on anything like that without having directives from the government, maybe you should try and know the current status of bitcoin or cryptocurrency accounts related with the use of banks if the banks are still allowed to make crypto payments or not, using a p2p network is the best means of sending money or your account, that is if KYC is mot the reason behind your denial, but i just wish you get your money out from them.

[Nheer]

The moral of the story is that they are blocking money that is yours, which means that the money we have in the bank is less ours than we think.

That’s my major problem I have with the banking system, the centralization is killing and that’s why we need financial freedom so we can do what pleases us with our money. I dislike the fact that they try to control the way we spend our money and limit us to some certain things which makes me wonder if the money is really ours.
 
Since most countries don’t support the use of cryptocurrency i think the safest way to purchase a coin is to avoid direct purchases from your bank using bank cards or any payment method that involves transaction from your bank and use P2P transaction to purchase your bitcoin. P2p option allows you to exchange assets (make a trade) with other people while transferring money to their accounts directly without involving any crypto related terms in the transaction. This way it is difficult for banks to detect if the transaction is related to cryptocurrency.

[moneystery]

i wonder why your bank is worried about the transactions you make to the crypto exchange even though in belgium crypto is not an illegal asset to trade and customers should be free to make transactions wherever they want. unless crypto in your country is banned, then they can refuse your transaction, but there are no regulations for crypto in belgium so their reasons cannot be accepted.

you should consider changing your bank because it doesn't seem crypto friendly. in belgium there should be a bank that is not too strict about things related to crypto, because maybe in the future that bank could give you new obstacles in making deposits or withdrawals to your account.

[Bobrox]

Seems all countries are supported with P2P transaction you buy stable USDT coins there with payment to seller trough your local bank, its not directly withdrawing or deposit fiat trough Bank but you make transaction with the same person in your country buying USDT to purchase bitcoin.  I think is most effective way when Bank in your country have block access for deposit fund in cryptocurrency exchange, but have questionable are your country restrict with cryptocurrency exchange operation like Binance, Huobi, Kucoin and other exchange have feature with P2P transaction?
Have another way if PayPal legal currency in your country you can convert with some exchange are support to bitcoin and find the website with easily way converting PayPal balance to your bitcoin address.