Does any of the bitcoin friendly banks allow opening of accounts remotely?

[CryptoPanda]

For example Fidor bank seems to be on the front lines when it comes to bitcoin but their site doesn't even have an english version?
Do they or any of the other friendly ones actually work with foreigners?

[gondel]

For example Fidor bank seems to be on the front lines when it comes to bitcoin but their site doesn't even have an english version?
Do they or any of the other friendly ones actually work with foreigners?

Hi,
What do you mean with that "bitcoin friendly bank" May be they wil be friendly if you store your fisical BTC into their safe , dont see other way a bank to be friendly to BTC...
At least in Bulgaria bankers dont know bout BTC. I worked in a Bank for couple of years as a sales manager and now one from my co workers knew about BTC.

[arbitrage001]

By friendly I mean that they won't terminate your account because you are involved in bitcoin

All banks in all countries need to follow kyc and aml.

In this regard, there is no friendly bank that won't blacklist you if your fiat transaction exceed certain threshold.

[Bitcoinpro]

all banks are bitcoin friendly because it means nothing

banks are like all commercial real estate (empty buildings),

some still contain actors welcome to the age of

internet commerce

[haploid23]

all banks are bitcoin friendly because it means nothing

I hope you're joking. Go to Chase bank and open an account saying it's for a bitcoin business, see if they let you. If you already have a Chase account, go tell them you've had some transactions that related with bitcoin. They'll try to reverse those transactions, or close your account completely.

[jonald_fyookball]

some banks you can open accounts remotely, like GE savings

it is any coincidence that Chase (part of JP Morgan Chase group i assume)
is the part of the biggest banking group and is the most anti bitcoin?

[Bitcoinpro]

Well that's simply not true, there are lots of people that had their accounts terminated.

how does a bank terminate a bitcoin account

[LiteCoinGuy]

For example Fidor bank seems to be on the front lines when it comes to bitcoin but their site doesn't even have an english version?
Do they or any of the other friendly ones actually work with foreigners?

yeah they are the exklusive partner of bitcoin.de , the biggest german exchange. i dont know why they dont have an english website.

they are also working with Kraken.

[Ron~Popeil]

all banks are bitcoin friendly because it means nothing

I hope you're joking. Go to Chase bank and open an account saying it's for a bitcoin business, see if they let you. If you already have a Chase account, go tell them you've had some transactions that related with bitcoin. They'll try to reverse those transactions, or close your account completely.

Chase is notoriously anti bit coin. They also like to rake you over the coals with interest rates and fees on their credit cards so even if they became bit coin friendly they are one of my personal blacklist banks.

[Meuh6879]

Well that's simply not true, there are lots of people that had their accounts terminated.

+1

[Bitcoinpro]

all banks are bitcoin friendly because it means nothing

I hope you're joking. Go to Chase bank and open an account saying it's for a bitcoin business, see if they let you. If you already have a Chase account, go tell them you've had some transactions that related with bitcoin. They'll try to reverse those transactions, or close your account completely.

Chase is notoriously anti bit coin. They also like to rake you over the coals with interest rates and fees on their credit cards so even if they became bit coin friendly they are one of my personal blacklist banks.

you must have missed the point can you quote the whole post next time

[Ron~Popeil]

all banks are bitcoin friendly because it means nothing

I hope you're joking. Go to Chase bank and open an account saying it's for a bitcoin business, see if they let you. If you already have a Chase account, go tell them you've had some transactions that related with bitcoin. They'll try to reverse those transactions, or close your account completely.

Chase is notoriously anti bit coin. They also like to rake you over the coals with interest rates and fees on their credit cards so even if they became bit coin friendly they are one of my personal blacklist banks.

you must have missed the point can you quote the whole post next time

Just for the sake of posterity the original quote was actually cut off by the person I quoted. I actually tend to agree with the original post and your overall point.

[InwardContour]

all banks are bitcoin friendly because it means nothing

I hope you're joking. Go to Chase bank and open an account saying it's for a bitcoin business, see if they let you. If you already have a Chase account, go tell them you've had some transactions that related with bitcoin. They'll try to reverse those transactions, or close your account completely.

This is really not so much Chase bank but is more Operation Chokepoint. Chase is merely following orders from the DOJ and the Obama administration.

[DavidHume]

If anyone figure out a bitcoin friendly bank which let anyone open an account remotely, please kindly share the information.

[lihuajkl]

If anyone figure out a bitcoin friendly bank which let anyone open an account remotely, please kindly share the information.

very few. Transaction based on BTC threatens the banking industry which absolutely don't support the activities related BTC under its own banking system.
T

[Teka]

Basically most banks within the UK are friendly to Bitcoin, I've had transactions with the name Bitcoin come up multiple times and didn't hear a single word from both Barclays and Hsbc. In fact, I even mentioned that I use it for Bitcoins to HSBC and they didn't care at all but actually asked me to tell them a few more things about Bitcoin. Further some banks on the channel island have come out and said they want bitcoin.

[Teka]

Basically most banks within the UK are friendly to Bitcoin, I've had transactions with the name Bitcoin come up multiple times and didn't hear a single word from both Barclays and Hsbc. In fact, I even mentioned that I use it for Bitcoins to HSBC and they didn't care at all but actually asked me to tell them a few more things about Bitcoin. Further some banks on the channel island have come out and said they want bitcoin.

Does any of them open accounts for non-residents?

Hmmm that's a good question, the channel island is basically a tax haven so I would be surpised if they didn't

[Bitcoinpro]

Chase dosn't appear technically to be anti bitcoin, four months ago they had bitcoin rated as high risk you would need to work through these kinds of issues with any bank that puts this

type of category on an investment product.

[klmist]

Basically most banks within the UK are friendly to Bitcoin, I've had transactions with the name Bitcoin come up multiple times and didn't hear a single word from both Barclays and Hsbc. In fact, I even mentioned that I use it for Bitcoins to HSBC and they didn't care at all but actually asked me to tell them a few more things about Bitcoin. Further some banks on the channel island have come out and said they want bitcoin.

Does any of them open accounts for non-residents?

Hmmm that's a good question, the channel island is basically a tax haven so I would be surpised if they didn't

over the internet?

Most banks now take applications over the internet.. You will still need to show them a passport and proof of address which either means getting notarised copies and mailing them off, or if they have a branch in your country then maybe you can make an appointment and show the docs there.

[LavaWave]

I use Schwab bank (Charles Schwab) and haven't had any issues so far. Most if not all of my transactions are from Coinbase. I average between 5 - 10 transactions a month. So far so good. It's also nice because my brokerage account is linked to the checking account.