Post
Topic
Board Politics & Society
Re: So.. Chase shutdown my College Checking account
by
bitsmichel
on 10/07/2014, 07:12:19 UTC
I'm 22 and I do local BTC transactions on the side.

**AUDIO**

http://vocaroo.com/i/s0u4rwNFT0A4

"I hate to say this, but it's best that you cooperate"

"Times have changed, to be honest with you, after 9/11 you have to disclose everything" (not in the audio, if someone really doesn't trust me on this part, I will upload it but it is hard to hear)

-Chase Manager


I was trying to do a withdraw at Chase, the teller called the manager over and she started taking a while. I asked if there was a problem, she wouldn't answer. I felt like I was being treated like a criminal.

The manager started asking me what I was going to do with my money, I politely told her that I value my privacy and would like to keep it to myself.

She told me that I am moving too much money for a college account and that college students usually do small transactions like food or books. She then brought up 9/11 and terrorism saying that they have to keep track of who has what money.


I have most of it recorded, but we are living in a total nanny state, it is disgusting.

In the end, she told me that they closed my account and that I would get a check in the mail with all of my money.

From now on, I am going to live on Cash and Bitcoin. I don't think I will be opening a banking account for a while. I know that might sound crazy, but I can manage.

Long live Bitcoin

ETA: I hope this is the right section

Sad that Chase does not support innovation. It is ridiculous that your account is blocked, as you are the owner of the money.
Do you at least get your money back?