bitserve
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November 13, 2018, 10:57:25 PM
Last edit: November 13, 2018, 11:15:04 PM by bitserve

Update on my bank situation. I can no longer deposit fiat. Like, at all. No idea how to even pay the fucking rent once the money in my account runs dry.

I can, however, sell coins on kraken and withdraw to my bank from there. No problem at all. It's almost like they want me to get rid of them.

IIRC, I tried to warn you your usage of the bank and localbitcoins activity could led to "problems".

You can not mix/convert "cash money" with/into "banking money" unless you have a very good cover (ie a real business account) and everything perfectly documented and justified. Banks do not like repeated unjustified cash deposits... Well, they do, but with current AML/KYC laws and regulations they know it could led them to problems and avoid it like shit.

Not that I agree with that shit, but that's how things are nowadays.

P.S.: As for paying the rent, just ask your landlord for his bank account and deposit the cash directly into one of his bank's branch offices. Which is something you should had been doing already to avoid having to deposit CASH into YOUR OWN (suspicious) bank account.