Hi
Newbie here. I hope someone can help. I'm trying to pay money to Bitstamp to buy Bitcoin and cant find a bank that will allow more than £5k a month. Starling and Chase don't allow any payments, Monzo on allow £5k a month.
Do you have any suggestions?
Hey, welcome to the forum!
Yeah, this is a common issue these days. A lot of UK banks have started limiting or outright blocking crypto-related payments, especially to exchanges like Bitstamp, Binance, etc.
You might want to look into Revolut — some users have reported success with higher limits there, though it's hit-or-miss depending on the account type. Wise used to be crypto-friendly too, but they've tightened up recently. Another option is using open banking via Faster Payments if Bitstamp supports it and sometimes that works around the card limits.
It’s frustrating, I know. Hopefully more banks start being clearer with their policies. Curious to hear what solutions others here have found too.