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/biz/ - Business & Finance

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55465373 No.55465373 [Reply] [Original]

Bong bros, what are some crypto-friendly UK banks? Just had an email from GnatWest telling me they're going to start limiting my interactions with "areas of high risk of financial crime (such as cryptocurrency exchanges)" after September.

>> No.55465514

>>55465373
You know what to do. Sell! While you still can...

>> No.55465524

Hint: All on/off ramps will be closed

>> No.55465534

Do UKucks really name their bank Gnat? Sounds like the name you'd give a small animal in star wars kek

>> No.55465569

>>55465373
Revolut

>> No.55465804
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55465804

>>55465534
Yes

>> No.55465820

I'm with Nationwide and they are alright, only limit crypto purchases to £5k per day

>> No.55465858

>>55465373
Got the same email today from RBS - we'll be restricting deposits from crypto. WTF is going on? Operation Choke Point? How do we cash out? I've got £35k in crypto here and will cash out next bull run if these fuckers let me. I might cash it into an EU bank account though - got one in Germany and I wont pay any capital gains on it. Fuck this country.

>> No.55465899

>>55465373
buy from bittylicious with back transfer, done that for nearly a decade

>> No.55466702

>>55465820
Better than Natwest, they've put me on £1k max and more restrictions to come, the swine.

>> No.55466758

Santander also stopped crypto exchange transfers a while ago, the cunts.
Co-operative bank have let me transfer in the past to Binance, then put a hold on it until I called and told them to put it through. Dont know what their policy right now it though.

>>55465899
Tell us more mate
How does this work? Have you cashed out this way too?

>> No.55468706

I told you lot to get out of crypto two and a bit years ago but did you listen? NO.

>> No.55468733

Look into your local CU's
They are much more customer friendly and offer way better rates in most cases anyway. The smaller the better. Use multiple.

>> No.55468819

regulation is coming. banks will frontrun it by doing something so they don't end up on the front pages of the tabloids accused of negligence (see all the recent fuss over gambling companies)