I have accounts with 2 spanish banks and I received a message from one of then to explain why I sending money to Coinbase.
The account manager said that If I use the money to buy crypto they cannot authorize it and they will report to my tax agency (like IRS). I'm not doing anything illegal, it's money I've earned working, with taxes already paid and now I want to invest it in crypto.
Just do as this user. Go to your bank in person, and threaten them to pull your entire fund out of the bank. If they didn’t comply just do it
Wyatt Moore
banks are scared of losing power. open several new bank accounts at different banks until you find one that won't be a fucking asshole. then close your current account
David Edwards
you can use coinbase as a bank btw. your deposited euros will be in a euro bank account on coinbase
Angel Scott
Didn't paypal just hookup with coinbase?
Brayden Campbell
I have told my account manager, he has told me that this restriction is not exclusive to his bank. That is a regulation of the central bank of my country.
Jordan Wilson
Buy with locslbitcoins or credit card.
Cameron Cook
I have told this to my account manager*
Juan Robinson
then use coinbase as a bank. ;)
i bet negative interest rates are coming your way soon
Luis Carter
Pull out the money and buy on local btc.
Elijah Hall
This
Stop using a traditional bank. Just get a crypto debit card. Banks are basically useless now since they don't even give you positive intrest rates.
Adrian Young
local.bitcoin.com
Matthew Turner
Im using my other bank account without problems sending money to Kraken.
I worry that this becomes commonplace. Maybe the European Union wants to restrict access to crypto?
Thomas Ross
just ask him to cite the memorandum order or something info like this normally needs to be disseminated formally
Jeremiah Perry
He’s lying.
Hudson Peterson
the jew fears decentralized money
Anthony Hernandez
Im not lying, there are more customers in this situation
Elijah Cooper
Which bank? Spanish here
Christian Bell
Caixabank
Owen Martin
BBVA and Santander seem to work. I think BBVA invested heavily on Coinbase as well.
Christian Reed
Right, I do not have problems with my another account un BBVA.
Josiah Nelson
Bank account > Paypal > Coinbase
Zachary Cooper
In swedistan i just had to enable sepa bank transfers with my bank and provide reason (investments) and where I would send my money. A few days later I had 40 eth on my coinbase account @ 170usd/eth :)
Elijah Robinson
Why don't you guys use Bitstamp instead of this M*rrican p*ece of crap?
Levi King
dont buy it through coinbase. just use localbitcoins or something.
Carter Cook
Use lacaixa, no probs at all and they don't snitch your gains to the gov
Christopher Wood
Lacaixa + kraken ftw
Andrew Adams
>Coinbase
>Coinbase
>Coinbase
You guys are fucking cucks Coinbase is known for freezing accounts
MOVE YOUR FUNDS OFFLINE
Chase Fisher
OpenBank client reporting in. I've never had problems transfering money into Kraken. I always sent quantities around ~800€
Jacob Wood
this.
Cameron Robinson
I'd close my account with them, they're just trouble waiting to happen. They probably have already reported you to the IRS so be sure to keep your money off exchanges.