Looks like my Huntington branch bank closed all my accounts possibly due to BTC

[Maidak]

We all know why as all my businesses and transactions are bitcoin related which is why they have closed my accounts.

So if you bank at huntington and use bitcoins proceed with caution.

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[franky1]

We all know why as all my businesses and transactions are bitcoin related which is why they have closed my accounts.

So if you bank at huntington and use bitcoins proceed with caution.

is it a business/commercial/personal account

is your business registered with the state and IRS

are you abiding to the wire transmission regulations

[Maidak]

We all know why as all my businesses and transactions are bitcoin related which is why they have closed my accounts.

So if you bank at huntington and use bitcoins proceed with caution.

is it a business/commercial/personal account

is your business registered with the state and IRS

are you abiding to the wire transmission regulations

I had a personal account to handle bills a business that was registered with the state and IRS and nothing with wires.

[bitsmichel]

We all know why as all my businesses and transactions are bitcoin related which is why they have closed my accounts.

So if you bank at huntington and use bitcoins proceed with caution.

is it a business/commercial/personal account

is your business registered with the state and IRS

are you abiding to the wire transmission regulations

I had a personal account to handle bills a business that was registered with the state and IRS and nothing with wires.

Did they steal any money from your account?

[Maidak]

We all know why as all my businesses and transactions are bitcoin related which is why they have closed my accounts.

So if you bank at huntington and use bitcoins proceed with caution.

is it a business/commercial/personal account

is your business registered with the state and IRS

are you abiding to the wire transmission regulations

I had a personal account to handle bills a business that was registered with the state and IRS and nothing with wires.

Did they steal any money from your account?

No funds stolen or frozen just all cards and debit cards cancelled and full closure of all personal and business checking and savings will be closed this monday apparently. Pretty shady if you ask me since they wouldn't give me any reason and the lady was very firm tone of voice like i was a criminal on the phone. So does anyone know of any bitcoin friendly banks?

[franky1]

We all know why as all my businesses and transactions are bitcoin related which is why they have closed my accounts.

So if you bank at huntington and use bitcoins proceed with caution.

is it a business/commercial/personal account

is your business registered with the state and IRS

are you abiding to the wire transmission regulations

I had a personal account to handle bills a business that was registered with the state and IRS and nothing with wires.

Did they steal any money from your account?

No funds stolen or frozen just all cards and debit cards cancelled and full closure of all personal and business checking and savings will be closed this monday apparently. Pretty shady if you ask me so does anyone know of any bitcoin friendly banks?

you might want to try looking at the fiat side of your business and see why banks hate your business.. your obviously doing something on the fiat side they dont like.

too many people blame bitcoin when infact its their fiat transactions that do not follow wire transfer regulations, let me guess you have:
1) moved more then $1000-$15000 in one lump/day to an entity. (meaning not a bill payment to another business)

2) put it this way, you deposit bank notes (no employment salary gets wired in) just cash deposits, which you then move to another account regularly, which does not belong to you. you show no sign of using the bank account for buying groceries, using at an ATM or even a gas station.

in both cases this would look suspct and has nothing to do with bitcoins

[Maidak]

We all know why as all my businesses and transactions are bitcoin related which is why they have closed my accounts.

So if you bank at huntington and use bitcoins proceed with caution.

is it a business/commercial/personal account

is your business registered with the state and IRS

are you abiding to the wire transmission regulations

I had a personal account to handle bills a business that was registered with the state and IRS and nothing with wires.

Did they steal any money from your account?

No funds stolen or frozen just all cards and debit cards cancelled and full closure of all personal and business checking and savings will be closed this monday apparently. Pretty shady if you ask me so does anyone know of any bitcoin friendly banks?

you might want to try looking at the fiat side of your business and see why banks hate your business.. your obviously doing something on the fiat side they dont like.

too many people blame bitcoin when infact its their fiat transactions that do not follow wire transfer regulations, let me guess you have moved more then $1000-$15000 in one lump/day to an entity. (meaning not a bill payment to another business)

Theres nothing wrong i've done on the fiat side that I'm aware of I've always carried a healthy balance informed my banker of any large payments that were transferred or wired and why. I also always carried a savings that had plenty of funds that was never even touched. I'm honestly believing that this is due to bitcoin related transactions and trades.

[HeliKopterBen]

you might want to try looking at the fiat side of your business and see why banks hate your business.. your obviously doing something on the fiat side they dont like.

too many people blame bitcoin when infact its their fiat transactions that do not follow wire transfer regulations, let me guess you have:
1) moved more then $1000-$15000 in one lump/day to an entity. (meaning not a bill payment to another business)

2) put it this way, you deposit bank notes (no employment salary gets wired in) just cash deposits, which you then move to another account regularly, which does not belong to you. you show no sign of using the bank account for buying groceries, using at an ATM or even a gas station.

in both cases this would look suspct and has nothing to do with bitcoins

Yes its his bank that should decide what he does with his own money.  I look forward to the day when these institutions are completely bypassed.

[Baitty]

Banks are seeing the competition. but they cant beat them so why not join us?

[xinzark]

Did they froze your balance ?

[Maidak]

Did they froze your balance ?

Balance was not frozen only full account closure of personal savings/checking and my business savings/checking without any notice as to why.

[juju]

We all know why as all my businesses and transactions are bitcoin related which is why they have closed my accounts.

So if you bank at huntington and use bitcoins proceed with caution.

is it a business/commercial/personal account

is your business registered with the state and IRS

are you abiding to the wire transmission regulations

I had a personal account to handle bills a business that was registered with the state and IRS and nothing with wires.

Did they steal any money from your account?

No funds stolen or frozen just all cards and debit cards cancelled and full closure of all personal and business checking and savings will be closed this monday apparently. Pretty shady if you ask me so does anyone know of any bitcoin friendly banks?

you might want to try looking at the fiat side of your business and see why banks hate your business.. your obviously doing something on the fiat side they dont like.

too many people blame bitcoin when infact its their fiat transactions that do not follow wire transfer regulations, let me guess you have moved more then $1000-$15000 in one lump/day to an entity. (meaning not a bill payment to another business)

Theres nothing wrong i've done on the fiat side that I'm aware of I've always carried a healthy balance informed my banker of any large payments that were transferred or wired and why. I also always carried a savings that had plenty of funds that was never even touched. I'm honestly believing that this is due to bitcoin related transactions and trades.

No big deal man, at-least they did not freeze or steal your funds. Its up to the bank whether or not they allow you, to let them hold your money, if they deem you are a risk its ultimately their decision. I will personally avoid this Huntington bank, and others will as well if this is true, sad thing is they are clearly in the wrong and going forward I bet they will reverse this stance if this was the case.

I do agree with what Franky1 is saying, if your just funneling thousands of dollars between banks and not using the account like a "normal" person, this might seem fishy. I use several different Banking Accounts now, my Coin bank account is used to purchase anything that I consider "Virtual": Amazon AWS payments, Servers, Domains, Video Games, Netflix, etc. I also use the same account to pay for a cheap credit card that the same bank issued to me, max this out once a month to have something that looks like you are "paying" off with the coin account. So from their perspective they have more to lose than just someone with a savings account.

Find another bank; all of them want the 25 dollar wire fee and for you too have limited access to your funds so they can profit!

[BillyBobJoe]

Pretty shady if you ask me since they wouldn't give me any reason

So, you really have no idea why they closed your accounts.

Maybe you should fix the subject line.

[beetcoin]

is huntington branch bank a big one? seems like credit unions are less likely to shut you down.. maybe because they aren't not part of the oligopoly that big banks are... so they don't see it as much of a threat.

[RodeoX]

Pretty shady if you ask me since they wouldn't give me any reason

So, you really have no idea why they closed your accounts.

Maybe you should fix the subject line.

That's a good point. Did they mention bitcoin? In any case you definitely deserve a reason. 

[Maidak]

Pretty shady if you ask me since they wouldn't give me any reason

So, you really have no idea why they closed your accounts.

Maybe you should fix the subject line.

That's a good point. Did they mention bitcoin? In any case you definitely deserve a reason. 

I agree on the reason most certainly which I believe is bull. However all of these huntington accounts only dealt in bitcoin related transactions with coinbase, mtgox(over 2 years ago) and bitstamp. My personal accounts were used to hold net profits and pay for personal expenses. I really do not see any other reason why and until it is given i'm going to stand by the fact it is bitcoin related on why they closed them.

[Swordsoffreedom]

It's been a while since the hostile and friendly bank thread got an update think this is worth noting
Thanks for sharing

Edit In: You already did so good job ^^

[Maidak]

is huntington branch bank a big one? seems like credit unions are less likely to shut you down.. maybe because they aren't not part of the oligopoly that big banks are... so they don't see it as much of a threat.

I actually just moved to a local credit union bank however after this scare i'll be sure I keep X dollars in bank accounts I never thought they would have closed me after this long its been an account I've had for 4 years now.

[xinzark]

Did they froze your balance ?

Balance was not frozen only full account closure of personal savings/checking and my business savings/checking without any notice as to why.

How could they close your account without any notice ?

May be you can find lawyer to do something about this ...

[Ron~Popeil]

If they don't want your business take it somewhere else. How you move your money really isn't something they have a right to control.