Post
Topic
Board Bitcoin Discussion
Re: RBC closed my commercial bank account for having Bitcoin related activities.
by
TheFootMan
on 05/03/2014, 20:42:24 UTC
Are you telling me that, if cavirtex sends me cash from bitcoins/litecoins mined... I can get my account closed ?

This would be total madness considering as someone who works full time, and deposits a steady income, has savings, mortgage and insurance with them...
My mining income is less than 5% of my work income...

It would be total madness.



To protect yourself you need to separate your bitcoin activities from everything else. Preferably use a completely unrelated bank. I've heard of people who had to move everything from their bank (imagine all that hassle), just because they did some bitcoin dealings.