[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 77 KB, 600x563, 1513589071650.jpg [View same] [iqdb] [saucenao] [google]
5218746 No.5218746 [Reply] [Original]

What banks do you guys use? I have BofA but I've heard they freeze accounts associated with depositing crypto gains from exchanges. I've heard USAA is invested in Coinbase and are pretty crypto-friendly. Anyone wanna chime in?

>> No.5218768

can confirm usaa has had no problems with triple digits coming in out of nowhere

>> No.5218808

>>5218768

Based.

>> No.5218864

I use Chase

But I've never cashed out....

so irrelevant

>> No.5218891

>>5218746
I've used chase, cashed out $1k and $3k with no issues.

>> No.5218934

>>5218891

I cashed out about $6k and there was a waiting period to get it deposited which scared the shit out of me... it took about 2 weeks. Normally when I withdraw from coinbase it will get deposited in a day or two. So I would not recommend cashing out more than that all at once to Chase.

>> No.5219017

>>5218746

US resident here, used BOA to cash out first time 10K this past week. No issues. I pulled it from coinbase in three parts. 4K 4K 2K

>> No.5219399

>>5218891

I'm talking large amounts of money deposited. Gemini has a $10K daily and $100K monthly limit. I don't want my bank questioning me and freezing my account.

>> No.5219496

>>5219017
You definitely got flagged for structuring.

>> No.5219584

>>5218746
I use Navy Federal Credit Union and have had zero issues with crypto exchange deposits

>> No.5219915

>>5219496

You really think he would have?

I’ve done a few coinbase deposits and transfers and it’s always between $4-7k. Never did it that was to avoid anything, it’s just the way my cash flow happened to work out. Wonder if I’m flagged too

>> No.5220030

>>5218746
i used wells fargo to cashout about 1.5k worth of bitcoin a few months ago and no issues. i would fucking rape their butthole if they froze my account.

>> No.5220126

>>5218746
i think it may depend on account age. a new account would probably have problems, but a several year old account with personal loans etc would probably be fine.

>> No.5220191

>>5220126

What if I contact them before opening an account and discuss the situation?

>> No.5220203

Small local bank. Only he like 8 branches all in four counties next to each other. The type of bank I can call and say "move $1000 from account a to account b" and they say "sure will."

>> No.5220217
File: 311 KB, 1280x1238, FDEA4182-E68F-4F95-A94F-132C44725283.png [View same] [iqdb] [saucenao] [google]
5220217

>>5218746
pic related faggot

>> No.5220233

>>5220191
i would definitely go in and talk to a personal banker in person, tell them hey, you have money in cryptocurrency (dont tell them how much) and you want to use them to store your investment. i think they freeze shit because crypto can and is used for illicit activiites so they just want to make sure theyre not supporting those kinds of activities.

>> No.5220310
File: 32 KB, 600x675, 1510472307438.jpg [View same] [iqdb] [saucenao] [google]
5220310

>>5218746
I use BofA deez nutz no problems here xDDDD

>> No.5220344

>>5220310

Yeah but are you cashing out large amounts? Or just a few Gs?