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RE: Bitcoin tensions rise as investors claim banks freezing their accounts

in #bitcoin7 years ago

I agree that the central banking system is not happy about crypto-currency. However, what I am also finding out is that people don't really know how to conduct banking. They are submitting to much money, too many times in one day which raises red flags for banks. Or they are dumping to MUCH money into accounts in one deposit which also raises red flags.

I learned this from working with finance departments of businesses, when there is a large amount of money to be placed into an account (large is considered $8,999 or more), then you should call your PRIVATE BANKER (the person you opened an account with) and let them know that a large amount is going to be deposited and if you need to do anything to make sure everything is alright. There will be questions you need to answer but giving them a heads up allows you to drop your cash into the account without the immediate RED FLAG rising.

If you have several deposits incoming in in one day (say like more than 4 or 5) give your bank a heads up. Alot of this could be elevated with a VISIT to your bank or a call to warn them of the activity of your account.

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