Quote from: dex1 on February 02, 2015, 08:08:49 PM

Do you mind telling us what order of magnitude the afore mentioned transactions were ?

With Halifax, it was probably about £10k.

With HSBC, it was probably less than that directly related to bitcoin. Other transactions were on that account but they were purchasing parts from retailers, all well above board.

Quote from: newIndia on February 02, 2015, 08:28:50 PM

Are they locking your fund with them or just closing the account after giving all your dues ?

No the funds in the account including any interest are just returned to me as a cheque.

Quote from: Meuh6879 on February 02, 2015, 09:38:53 PM

but, you can use localbitcoin and wire system (to a private seller).
or others exchange with thrid party (okcoin, etcs ...).

the bank never seen the direct exchange ... fee hell, well ... it's the game, now. Roll Eyes

Not true. With Halifax, I had transferred money to BTC-E through OKPAY.
However with HSBC, I hadn't, I had only sold / bought a few times on localbitcoins, direct to other user's bank accounts. Never any reference to Bitcoin.

Quote from: Valence on February 03, 2015, 01:21:19 AM

This is why the bitcoin community needs to stop waiting for the banks to accept bitcoin and crowd-fund our own fiat bank so we can move fiat to exchanges without getting our accounts closed. I'm not talking about a "bitcoin bank" or any such nonsense, but a regular fiat deposit bank owned by bitcoin users in the form of publicly traded assets. It costs about $12-20 million to start a bank in the USA. I started a thread arguing for this awhile ago:

https://bitcointalk.org/index.php?topic=916527.0

I really like that idea. I wonder why it hasn't been done already?
I suppose it's probably because any bank that sets up and is openly Bitcoin friendly will be shunned by other banks and not able to lend themselves, thus, failing at the first hurdle.

Quote from: phillipsjk on February 03, 2015, 04:51:33 AM

Quote from: j5d on February 02, 2015, 08:25:35 PM

This leads me to think a bank blacklist would be an interesting and useful idea, if it doesn't already exist. A bank doesn't play nice with users of bitcoin? Well now they're on the list. Lost business for them, more press for bitcoin "trying" to be "legitimate".

Here you go:
List of Bitcoin Hostile (and friendly) Banks

Very out of date now???