cryptocurrency wrote: » Don't like large deposits, don't like deposits to or from crypto exchanges, don't like mortgage applications even with a LTV of 26% even when admitting you can clearly afford it and your credit is fine but it's 200 miles from your work. Closing accounts because they have too much money in them. We bailed these morons out remember.
cryptocurrency wrote: » Closing accounts because they have too much money in them.
Ronaldinho wrote: » Did this happen to you?
cryptocurrency wrote: » I am stating fact when I say they write to people and demand they close their account in 7 days and remove the money.
Ronaldinho wrote: » Prove it.
cryptocurrency wrote: » I would say if you know anyone in one of the major banks and asked if this is done then you will have your proof. What are you looking for on after hours? scanned letters?
Ronaldinho wrote: » Just seems a bit outrageous is all. I call BS.
cryptocurrency wrote: » Call what you like, it would not take you long to find out this is not BS. Bank writes letter asking about funds, not satisfied write out of the blue months later a demands 7 day closure. Move funds to other irish bank.
Tangatagamadda Chaddabinga Bonga Bungo wrote: » Going by your username OP it seems like the bank doesn't want anything to do with cryptocurrency.
dxhound2005 wrote: » We guaranteed the deposits of those who held money in the banks, and bailed out those who had mortgages from them and were unable to make their repayments. Those who wanted to burn the bondholders were the morons, as everybody would have perished in the fire. Crypto is not legal tender. They are doing the right thing by not engaging with it.
JohnnyFlash wrote: » Banks don’t want ‘crypto bros’ as customers. Bitcoin is widely used for money laundering purposes. Crypto is also used for wild speculation (known as gambling). Gamblers don’t get mortgages. Not unique to Ireland, dude. Crypto is the sort of thing the banks can do without.
cryptocurrency wrote: » Man shows deposit to exchanges years ago and now wants to withdraw substantially more from same exchange years later. The funds didn't do much else other then make gains inbetween. Most normal banking nations take the deposits fine.
dxhound2005 wrote: » Get a mortgage from the Crypto people.
cryptocurrency wrote: » Actually I have closed that gap with one of them. It will be bought outright without them.
dxhound2005 wrote: » Are you going to commute 400 miles a day?
cryptocurrency wrote: » Nah, just weekends, like much of the country.
dxhound2005 wrote: » It seems like an economically illiterate approach to try to get a mortgage when you had the funds to buy it outright. Even in these ultra low interest rate times.
sabat wrote: » Cryptocurrency enthusiast who accuses banks of being economically illiterate literally doesn't know the meaning of the word economics... Did you mean "financially" op?
Salary Negotiator wrote: » The sperm bank. I’ve only ever been able to make a deposit, withdrawals aren’t allowed apparently. Disgraceful.