Bitcoin payouts to my bank account

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  • mkm311
    SBR Hustler
    • 09-11-11
    • 65

    #1
    Bitcoin payouts to my bank account
    I have made several withdraws using Bitcoin. I have had no problems doing that. I have converted the Bitcoin to USD and deposited it into my bank account numerous times. I get a phone call last week from my bank saying that my bank account will be frozen. No problem really cause I have several different bank accounts. I was just curious has anyone else had an issue with the bank closing their bank accounts?
  • littlekona
    SBR Hall of Famer
    • 11-19-15
    • 5242

    #2
    interesting..they have to have some reason. did they tell you? I had a issue a while back when I was doing mega transactions back and forth and I had to fill out a KYC survey. It asked some pretty personal questions about the transactions. I then backed off and did minimal transactions using that account and they did not close
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    • jtoler
      BARRELED IN @ SBR!
      • 12-17-13
      • 30967

      #3
      Tell them to get a life.
      Comment
      • mkm311
        SBR Hustler
        • 09-11-11
        • 65

        #4
        They said that they dont deposit foreign currency, I told them that it isbitcoin that i converted to Usd. It was a small bank and probably not used to transactions like that.
        Comment
        • mkm311
          SBR Hustler
          • 09-11-11
          • 65

          #5
          Oh I told them more than that! Lol
          Comment
          • Optional
            Administrator
            • 06-10-10
            • 61506

            #6
            Originally posted by mkm311
            They said that they dont deposit foreign currency, I told them that it isbitcoin that i converted to Usd. It was a small bank and probably not used to transactions like that.
            A bank that doesn't accept foreign currency. What is this? Ma and Pa Kettles S&L operating out of their barn?

            And like you said, they are receiving US$ anyway.
            .
            Comment
            • mkm311
              SBR Hustler
              • 09-11-11
              • 65

              #7
              Originally posted by Optional
              A bank that doesn't accept foreign currency. What is this? Ma and Pa Kettles S&L operating out of their barn?

              And like you said, they are receiving US$ anyway.
              I live in Alabama so what do you expect! LOL!
              Comment
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