Have any one had experiences with banned bank/providers because of gambling?

[pawanjain]

I find this very frustrating when i see people complain about their funding bank/provider account being banned because of gambling related activities. My younger just called me and told me his raven account was banned and he has been using it to deposit dollars in his gambling platform and also paying for subscriptions online. I want to get this clear.

Is it because of the gambling activities that got his account banned or it is because of the legitimacy of the funds that raven are more concerned about?

Is there any gambling platform that needs to be avoided?

Since i woke up we've been trying to contact their support for complaint and no response yet. Is there anyone with similar experience?

I have read few times peoples' bank accounts getting frozen because they were using crypto to gamble on online sites.
It may not be because of gambling directly and may be because of using crypto but yet it becomes a headache when bank accounts are frozen.
May be your younger brother faced a similar issue. In such cases, it's better to open a different bank account which is more crypto friendly.

[Antotena]

I find this very frustrating when i see people complain about their funding bank/provider account being banned because of gambling related activities. My younger just called me and told me his raven account was banned and he has been using it to deposit dollars in his gambling platform and also paying for subscriptions online. I want to get this clear.

Is it because of the gambling activities that got his account banned or it is because of the legitimacy of the funds that raven are more concerned about?

I don't like to involve banks that are virtual for such kind of this stuff but why didn't make use of crypto instead like USDT for fast deposit to avoid this kind of headache because I'm not sure if they are going to give you sweet rate in conversion to local currency like P2P and also the big charges they will collect when buy and sell. I think the only answer to this is until you contact the said bank through the customer support like on the platform or Facebook and X

Is there any gambling platform that needs to be avoided?

Since i woke up we've been trying to contact their support for complaint and no response yet. Is there anyone with similar experience?

You should know better, there is a policy that guide every financial system and platforms and I think they gave you an condition to read and accept or reject but I guess you accepted. Try and go through the terms and banking policy, check whether allow gambling transactions or not. If it is too bulky, use CTRL + F to search for "gambling" or "gambler" perhaps you will get a lead from there as well but don't forget to ask customer supports.

[Mr.suevie]

I find this very frustrating when i see people complain about their funding bank/provider account being banned because of gambling related activities. My younger just called me and told me his raven account was banned and he has been using it to deposit dollars in his gambling platform and also paying for subscriptions online. I want to get this clear.

Is it because of the gambling activities that got his account banned or it is because of the legitimacy of the funds that raven are more concerned about?

Is there any gambling platform that needs to be avoided?

Since i woke up we've been trying to contact their support for complaint and no response yet. Is there anyone with similar experience?

Hmm, a really interesting story and I think I have heard couple of similar complaints from my friends but for myself, I haven't encountered such issue before. The recent one I had was a complaint from a close friend about his account ban on a popular local bookie here and I think for his own case he was actually guilty because he was an arbitrage bettor and I know to some extent most sport bookies and  casino frawn at such practices. Most times I think the fault is actually from the gambler as maybe they may have defaulted some rules of the casino that might have led to the account ban.

[Nwada001]

You should try asking your brother if there have been any means used to fund his Raven account recently that have been used by him before, or if there have been any payments made by him recently to any platform that might have been flagged unknowingly to him. I don't think any platform that allows its users to fund their gambling accounts through it can just wake up and ban the same account as a result of a service they permit.

The customer care of the banking service provider should have told him the reason why his account was banned. Since you have contacted the support group I suggest you should wait patiently for their response. But the usual reason for this kind of action is if the bank suspects that the customer is using the account for any illegal activities. Maybe they suspect that he is using it for money laundering or to clean up illegally acquired funds. Another reason might be because he has gone contrary to the provision of the terms of service.

Funny enough, not all platforms send their customers news of their accounts being disabled. Some just disable it for no reason and assume you are aware of the whole situation that resulted in that, while others will just send you brief information. With respect to your account being disabled, the best way to always know about the entire thing that could lead to the ban is when you contact a customer support agent, and if they are friendly enough, they will tell you the reason for the account closure and a possible solution for the account to be unlocked.

[jrrsparkles]

I find this very frustrating when i see people complain about their funding bank/provider account being banned because of gambling related activities. My younger just called me and told me his raven account was banned and he has been using it to deposit dollars in his gambling platform and also paying for subscriptions online. I want to get this clear.

Is it because of the gambling activities that got his account banned or it is because of the legitimacy of the funds that raven are more concerned about?

Is there any gambling platform that needs to be avoided?

Since i woke up we've been trying to contact their support for complaint and no response yet. Is there anyone with similar experience?

Banks may have terms that restrict depositing any funds from gambling-related activity resulted into this ban.

If you are not aware of it, some crypto exchanges even have similar rules, for example if you deposit BTC or any crypto to coinbase account which is directly withdrawn from the casino's account then your coinbase account will be terminated.

[alani123]

This is precisely the reason why people use crypto. It's an excellent way to bypass these silly restrictions without having to worry about your accounts getting restricted or banned.

I had a similar experience with using a gambling provided that accepted card deposits long ago. I just made a tiny deposit and two days later my bank was calling me for questioning just because they realized that this provided should have been under sanctions AFTER approving my transaction... You have to be careful where you use your main bank account at. Nevertheless banks are quite stupid.

[qwertyup23]

Is it because of the gambling activities that got his account banned or it is because of the legitimacy of the funds that raven are more concerned about?

Is there any gambling platform that needs to be avoided?

Since i woke up we've been trying to contact their support for complaint and no response yet. Is there anyone with similar experience?

Though I do not have any experience with banks prohibiting my transactions, I have a personal experience with my local exchange, stripping the features of my account and degrading the level of authenticity by two (2) levels, thereby decreasing my overall withdrawals due to being affiliated with gambling.

In my local exchange, the admins questioned the origin of my BTC funds and I clearly explained to them that I get the proceeds from a signature campaign representing a gambling website. Surprisingly, they told me that anything to do with gambling is not allowed, therefore, I was told that majority of the features of my account will be restored once I address this issue.

Fortunately, the only solution to that problem is to use another exchange and transfer such funds from that exchange to my local exchange; or/and to use Binance as my exchange in case I need to convert my BTCs to our local currency.

[Casdinyard]

I find this very frustrating when i see people complain about their funding bank/provider account being banned because of gambling related activities. My younger just called me and told me his raven account was banned and he has been using it to deposit dollars in his gambling platform and also paying for subscriptions online. I want to get this clear.

Is it because of the gambling activities that got his account banned or it is because of the legitimacy of the funds that raven are more concerned about?

Are you talking about this Raven https://getravenbank.com/ ?

I look at their terms and conditions but it's not specifically mentioned that account will be banned if used in gambling. It did say this "we reserve the right to block and/or restrict your Raven Account on suspicion of illegal/fraudulent activities" so I checked the gambling situation in Nigeria. It seems only lottery, land-based casino gaming, and sports betting are allowed. Online games other than slots are deemed illegal. He must have deposited to an unregistered or online casino.

That's your answer right there. Online gambling is not explicitly included in the bylaws that talk about legal gambling. And OP's kid just made the mistake of gambling in a gambling site which is considered illegal no matter how we look at it. the banking institution's not in the position to keep his business since that's going to cause them millions of dollars in lawsuits if they let this one thing pass. I say don't gamble beyond what's allowed. There's no real benefit to doing so anyway, since gambling's made in the first place with the premise that you're going to lose money, are you really that determined to lose your money that you're willing to get your bank account suspended? If you can't wrap your head around the logic behind gambling illegally just use that analogy lol.

At the end of the day, we're gamblers, not criminals. Don't do anything illegal, gambling or non-gambling related. Gamble within your means and within the expanse that your local jurisdiction allows. Tell that to your kid OP and next time, discourage him/her from gambling on such sites, heck discourage him/her from gambling at all clearly they have a problem for them to get noticed by the bank amongst the possible hundred thousands of users that they deal with on the daily lol.

[BitcoinTurk]

No, I have never encountered a problem like this before. In fact, for a while, illegal betting was quite popular in Turkey and I also bet this way using a Turkish bank, during the period I mentioned many people who bet in this way were summoned by the police for a statement but I wasn't summoned for a statement in any way. Also, as I mentioned I didn't experience any problems with my bank account.

Additionally, although I have deposited money to some betting sites with Revolut in the last year, there have been no restrictions on my Revolut account. Of course, since I generally prefer cryptocurrency-based betting sites I haven't had any problems depositing money into betting sites.

[wiss19]

I personally do not have any experience getting banned because I only used e-wallet that supports the gambling platform other than that could be risky. But I think the bank will send some notice for you to know what had happened on your account and what you should do to fix it or if not, your brother had to contact them or visit any branch to fix the issue. I think banks has it on their terms about "do's and don'ts" specifically using accounts on a gambling platform.

Great. And yeah, even the e-wallets can get strict too in transactions related to gambling, not because they think gambling is money-hungry but because they are also aware that money laundering can occur too here. And there are so many illegal gambling sites right now. They don't want to get involved on their operations because they are afraid that they may get sued too by the regulators or the authorities.

So, it's important to read their terms and conditions first before you use them in your gambling activities. It's professional if banks will provide a reason, just in case they do something negative in our account, and we are lucky if they have given us another chance.

[EluguHcman]

I find this very frustrating when i see people complain about their funding bank/provider account being banned because of gambling related activities. My younger just called me and told me his raven account was banned and he has been using it to deposit dollars in his gambling platform and also paying for subscriptions online. I want to get this clear.

Could there had been something on phishing your younger was not telling you OP? I think the account has been on transaction tracks and was compromised because there could be some sorts of unwarranted/illegal transactions of the account via how the account is been funded and how the funds is being transacted out from the account.
I have seen situations where people hides there illegal indulgences with the formations of legalities such as scammers requesting for Bitcoin instead of the fiat from their victims with the use of crytop wallets that is not supported with KYC because they want to untraceable and anonymous.

[CODE200]

It's probably the gambling expenses, if it's a constant funding in the gambling fund, the bank will definitely suspend your account until you've done some explanation that it's you who's doing all this stuff and that your bank account isn't compromised. Or you're not telling us everything about the bank transactions OP, that there's some suspicious activity going on that got your account flagged and banned, that's the other way that can get someone's bank account banned.

[Hispo]

It's probably the gambling expenses, if it's a constant funding in the gambling fund, the bank will definitely suspend your account until you've done some explanation that it's you who's doing all this stuff and that your bank account isn't compromised. Or you're not telling us everything about the bank transactions OP, that there's some suspicious activity going on that got your account flagged and banned, that's the other way that can get someone's bank account banned.

It seems like it. If someone managed to steal a credit card and had sometime before the victim realizes, they would try to buy valuable stuff as soon as possible for them to sell later, though, criminals have realized that doing so would make easier for law enforcement to find them and charge then with financial crimes, so what they do is try to use the stolen card to buy cryptocurrency on an exchange or in a casino, as much as they can so they can try to withdraw it to a wallet under the sole power/influence.
I would also like to add that using a card on gambling sites and betting could block them, depends on the terms of services of the bank itself. There are some banks which frown upon gambling in general, because the economical repercutions it can have on their clients, so they cancel and block when they detect their users are partaking in gambling.

I have read about the concept of Halal banking before, basically banks which are owned by Muslins and do not like to get their finances involved with warfare, gambling, pork production, etc. but I am not sure their common policies are to block those card used personally by their clients to gamble/bet.

[Fatunad]

I find this very frustrating when i see people complain about their funding bank/provider account being banned because of gambling related activities. My younger just called me and told me his raven account was banned and he has been using it to deposit dollars in his gambling platform and also paying for subscriptions online. I want to get this clear.

Is it because of the gambling activities that got his account banned or it is because of the legitimacy of the funds that raven are more concerned about?

Is there any gambling platform that needs to be avoided?

Since i woke up we've been trying to contact their support for complaint and no response yet. Is there anyone with similar experience?

Its not really new anymore on which most banks would really be that definitely be prohibiting gambling funds that would flow into someones bank account.Usually this is really something being that written or included into your terms and conditions on the papers or documents that you are signing up on which it is really just that right that you should really be that having that time on reading up with those terms on the first place
so that you wont really be that get shocked on the time that you would really be that able to experience those kind of prohibited or lock up with those accounts. For sure with these kind of lock up then the primary things which are needed by the banks would really be trying out to verify on where those funds came from and if they would be able to track it up that it do came from gambling then for sure you would be asked for some documents or whatever its been asked.

This is why it would really be that important that you should really be that mindful about using up your banks specially with gambling funds on which they are really that strict when it comes to this.
If you are really that making use of it then better be sure you would really be trying out not to make direct transfers from gambling sites so that you would really be able to
avoid out such situations that might happen into you.

[goinmerry]

Is it because of the gambling activities that got his account banned or it is because of the legitimacy of the funds that raven are more concerned about?

Lack of information. Better not to assume right away that it's because of gambling-related activities.

We can't just speculate things here or create a story without valid points. There should be a specific reason for that. Aside from that, if the bank account was banned or locked, it should notify their users on their registered email or phone number. What does the email say? Is the reason for the ban being mentioned there?

Come back here and share with us what the customer support told you.

[Johnyz]

Banks are prohibiting any gambling transaction in our country, and this is why we are not using this directly and even when accepting crypto, there’s still a chance for you to get investigated and your account will be freeze. Banks are quiet strict when it comes to this one and you can’t do anything about it because its their policy and your only choice is either to follow it or you will start looking for alternative so you wont experience the same problem.

[goaldigger]

Banks are prohibiting any gambling transaction in our country, and this is why we are not using this directly and even when accepting crypto, there’s still a chance for you to get investigated and your account will be freeze. Banks are quiet strict when it comes to this one and you can’t do anything about it because its their policy and your only choice is either to follow it or you will start looking for alternative so you wont experience the same problem.

Its’s more on about your whole transaction and I’m sure those bank will still investigate and will not just ban your account without any reason. Some casinos don’t have the bank feature though and I can say that this can be a good option as you will not be tempted to use your bank accounts instead you’ll use your crypto wallet to do the transactions. Make sure to know the policy and terms and conditions before you register, so you can know if it can work with your or not.

[decodx]

I don't have any experience with this yet, but it sounds like if you're from a country where gambling is illegal, trying to transfer money from your local bank account to a gambling site could potentially get your account blocked.  Banks likely monitor for these types of potentially illegal transactions. 

Personally, I tend to stick to crypto gambling platforms as I find them safer than dealing with traditional banks.  With crypto there's no central authority that can freeze your account if you run into issues.

If your bank account does get blocked, try talking to your bank first to plead your case.  Explain why you tried transferring to a gambling site, apologize, and ask politely if there's any way for them to reconsider unblocking you. Remaining calm and constructive in that conversation will go a lot further than getting upset at the bank employee who likely didn't set the policy themselves.

[Crypt0Gore]

Lesson of the day, always read terms and conditions of any platform you plan to use, either it's online banking or casinos, unless there is no deposit of money involved, if you are going to risk money on any platform its wise to do your own diligent research first.

I have never seen this happen to anyone around me before since I don't use Fiat for gambling, and right now in my country banks are really misbehaving, doing anything the feel like with customers fund and others so many people are getting wiser, moveinh money out of bank accounts into Bitcoin and stable coins, it keeps getting worse and worse.

If your account get blocked you are to reach out to tell and solve the problem out, they should be able to unlock it and accept your apology, it's not as if they will never return the money you have worked your whole life for, they just want to take their rules very serious.

[EarnOnVictor]

I find this very frustrating when i see people complain about their funding bank/provider account being banned because of gambling related activities. My younger just called me and told me his raven account was banned and he has been using it to deposit dollars in his gambling platform and also paying for subscriptions online. I want to get this clear.

Is it because of the gambling activities that got his account banned or it is because of the legitimacy of the funds that raven are more concerned about?

Is there any gambling platform that needs to be avoided?

Since i woke up we've been trying to contact their support for complaint and no response yet. Is there anyone with similar experience?

There could be two considerations to this in my thought. The first one is that, it is either the bank suspected a fraudulent activity or they are warned by regulators not to deal with such casinos (it is not everything that is being revealed). Either way, the bank should effectively communicate with their customers to advise them appropriately.

The second consideration is that, since it is the USD we are talking about, the conversion issue might be the reason here. There are banks that are suffering from USD liquidity, and if they must continue to honour such transactions, they will be compelled to pay the USD equivalent to the beneficiary bank account. For this, they can decline. Still, they should have communicated the reason for the declined transaction to him.

However, it is not too late, the bank is the only one that can shed accurate light on this. Your brother should take it up with them.