Which banks do the most and least "fraud checks" when you make direct bank transfers?

[Zopiclone bandit]

People a few months ago were saying I was mad etc when I'd say about what The World Economic Forum have openly said. I'd even post links from WEF website and YouTube links from Neoliberal channels of Mr Klaus speaking about The Great Reset but people skipped over that for some reason

Welcome to Agenda 2030 folks, The National Socialist leaders at the end of World War 2 weren't all taken to The Hague to stand trial & Operation Paperclip wasn't just for the rocket scientist lot.

 

[Zopiclone bandit]

NatWest sure aren't great, I had my account closed down and have a permanent mark against me for the "crime" of taking out several grand over the space of a few weeks in cash. Mark my words all banks are the same & the government are too nosey.
The more older I get the more I fly my yellow flag with Mr Snake on it

"Don't Tread On Me"

"It is dangerous to be right in matters of which the establishment authorities are wrong" - Voltaire.

 

[Bleaney]

NatWest sure aren't great, I had my account closed down and have a permanent mark against me for the "crime" of taking out several grand over the space of a few weeks in cash. Mark my words all banks are the same & the government are too nosey.
The more older I get the more I fly my yellow flag with Mr Snake on it

"Don't Tread On Me"

"It is dangerous to be right in matters of which the establishment authorities are wrong" - Voltaire.

If you take out several grand in cash, that is going to raise questions, across all banks.

There seems to be a large variance across the different banks, in their attitudes to cryptocurrencies, as per that article I linked earlier in this thread. And some seem to have much more severe interrogations over bank transfer "fraud checks" than others. My old bank never over-ruled my own free will and right to make my own decisions with my own money. But this new bank has already done that to me within my first couple of days of being with them. This is completely unacceptable.

If I have to go through another round of interrogations for "fraud checks" I will keep my cool and give all the right answers. If they still refuse my own transactions I will immediately put in a request to transfer to another bank the day after I get paid, later this month. One that is crypto friendly certainly, so I'll be able to fall back on that if these fraud checks are going to be ramping up across the board. I can't be sure but it may be the case that the checks are a lot more restrictive for new customers of any bank.

At this stage, moving accounts seems to have been a massive blunder. Obviously I had no way of knowing in advance that all this was going to happen though.
.

 

[assclass]

central banks

 

[LoginNotSecure]

I’ve had to speak to the fraud department in the bank many times when withdrawing large sums of money. Usually because the cashier has asked me what it’s for, and I’ve politely told her it’s none of her business.

The usual speil you get back is that if I don’t tell her (it’s always a woman in my experience) then I’ll have to speak to the fraud department.

Fine, get em on the blower. They ask me what it’s for, I tell them it’s none of their business, it’s my money and I have requested it. They then OK it and the cashier gives me the evils while counting out the money. Happy days.

 

[Zopiclone bandit]

I’ve had to speak to the fraud department in the bank many times when withdrawing large sums of money. Usually because the cashier has asked me what it’s for,

To buy pure cocaine I can freebase then buy tokens on chaturbate.

I know nothing about this filthy behaviour may I add folks. (Weird crackling noise in the background from a converted Ganja pipe)

 

[axe battler]

Cheeky cunts! Good on you @LoginNotSecure for sticking to your guns.

 

[thujone]

most of the bigger banks earn their revenues through other activities and couldn't care less about losing you as a customer because your business is worth less to them than the cost of fines for not obeying regulations.

credit unions will generally provide you with better customer experience, although their services may not be as flexible as the bigger fish that have more connections to the financial networks.

Bitcoin will never block your transaction for regulatory reasons, but it's easy to lose your money through carelessness.

It's possible to find local "ATMs" dispensing Bitcoin for cash (no ID required), or buying from trusted people (e.g. shopkeepers) face to face.

for the uninitiated, the information in this thread should still be mostly relevant - https://bluelight.org/xf/threads/ceps-bitcoin-mechanics-primer.820570/

some of the links may be defunct but the fundamental nature of Bitcoin has remained the same.

 

[Jackal]

I’ve had to speak to the fraud department in the bank many times when withdrawing large sums of money. Usually because the cashier has asked me what it’s for, and I’ve politely told her it’s none of her business.

The usual speil you get back is that if I don’t tell her (it’s always a woman in my experience) then I’ll have to speak to the fraud department.

Fine, get em on the blower. They ask me what it’s for, I tell them it’s none of their business, it’s my money and I have requested it. They then OK it and the cashier gives me the evils while counting out the money. Happy days.

Nothing better than having an irresponsible amount of cash in a crispy roll in one's pocket

 

[Jackal]

If you take out several grand in cash, that is going to raise questions, across all banks.

There seems to be a large variance across the different banks, in their attitudes to cryptocurrencies, as per that article I linked earlier in this thread. And some seem to have much more severe interrogations over bank transfer "fraud checks" than others. My old bank never over-ruled my own free will and right to make my own decisions with my own money. But this new bank has already done that to me within my first couple of days of being with them. This is completely unacceptable.

If I have to go through another round of interrogations for "fraud checks" I will keep my cool and give all the right answers. If they still refuse my own transactions I will immediately put in a request to transfer to another bank the day after I get paid, later this month. One that is crypto friendly certainly, so I'll be able to fall back on that if these fraud checks are going to be ramping up across the board. I can't be sure but it may be the case that the checks are a lot more restrictive for new customers of any bank.

At this stage, moving accounts seems to have been a massive blunder. Obviously I had no way of knowing in advance that all this was going to happen though.
.

As I mentioned earlier in this thread simply use P2P services to cash in and out

This means there won't be any crypto exchange related transactions on your bank record

Because it's peer to peer

I frequently use Binance p2p. It has a convienient escrow function so one does not get ripped off.

 

[CFC]

As said, all banks are just variations of the same garbage. HSBC is trash, Natwest is trash, Halifax is trash, Lloyd's is trash, TSB is trash, Barclays is trash, and so on. To get better banks, we need to have rulers who care a bit about us and make laws commensurate with customer interests.

 

[Bleaney]

As I mentioned earlier in this thread simply use P2P services to cash in and out

This means there won't be any crypto exchange related transactions on your bank record

Because it's peer to peer

I frequently use Binance p2p. It has a convienient escrow function so one does not get ripped off.

I mentioned earlier too that many UK bans have an outright ban on Binance and Coinbase.

There is a comprehensive article on it.

Which UK Banks will let me buy Cryptocurrencies? (2023) - Crypto Buyers Club UK

Cryptocurrencies are legal in the UK. However, not all UK Banks treat Crypto equally. Using with crypto-friendly banks can make trading easy.

cryptobuyersclub.co.uk

If you search "binance" or "coinbase" they are both mentioned many times as banned by many banks.

In any case, it was finally and 3rd time lucky with my bank, and the required transaction has finally gone through.

Thank Fuck for that!

I hope all this doesn't happen every time.

 

[Bleaney]

As said, all banks are just variations of the same garbage. HSBC is trash, Natwest is trash, Halifax is trash, Lloyd's is trash, TSB is trash, Barclays is trash, and so on. To get better banks, we need to have rulers who care a bit about us and make laws commensurate with customer interests.

Certain things which come from government legislation can swing on a pendulum from one extreme to another. The pendulum has definitely swung far too much in favour of the restrictive fraud checks right now, at huge inconvenience and stress to the customer. The assumption seems to be that everyone is a gullible, naive, clueless numpty, that hasn't got a clue about how scams operate, and that the customer needs nannying by the bank. I hope something can be done to re-balance the pendulum a bit more appropriately, but I do fear this is a sign of things to come, and that they will only get worse.

Over-ruling a customers own decisions with their own money, and calling it "consumer protection" against fraud is an insult to a persons intelligence.

 

[Jackal]

I mentioned earlier too that many UK bans have an outright ban on Binance and Coinbase.

There is a comprehensive article on it.

Which UK Banks will let me buy Cryptocurrencies? (2023) - Crypto Buyers Club UK

Cryptocurrencies are legal in the UK. However, not all UK Banks treat Crypto equally. Using with crypto-friendly banks can make trading easy.

cryptobuyersclub.co.uk

If you search "binance" or "coinbase" they are both mentioned many times as banned by many banks.

In any case, it was finally, and 3rd time lucky with my bank, and the required transaction has finally gone through.

Thank Fuck for that!

I hope all this doesn't happen every time.

Which means nowt, as it's a P2P transaction. There's no trace of binance involved as far as your bank is concerned

 

[benson7]

Even the so called friendly crypto banks are now being awkward, with payments being held up for no obvious reason and transactions which previously took a few minutes now taking 48 hours.

 

[Bleaney]

Even the so called friendly crypto banks are now being awkward, with payments being held up for no obvious reason and transactions which previously took a few minutes now taking 48 hours.

God damn, that's not good. That was going to be my plan B if my new bank continues to block my transactions. Which bank is giving you trouble with crypto if you don't mind me asking?

Feel free to PM me if you don't want to state publicly for any reason.

 

[Jackal]

Don't use banks, use P2P. . .

 

[Bleaney]

That means a whole new thing to have to learn, although it might be as simple as watching a couple you tube videos about it, and a bit of trial and error.

Fortunately my new bank seem to have stopped being super Nazis and have allowed a 2nd successful bank transfer transaction to go straight through without any phone calls to interrogate me, and not even any texts. Hopefully they will be good from now on and it can be back to business as usual.

I'll put learning about P2P Binance on the backburner for the time being, but i'll look into it if I continue to have problems with the bank.

 

[Opi_Kid_Rock]

HSBC has been known as one that tends to turn a blind eye I’ve heard. Unless the internal culture has changed.