Tuesday 22 September 2020

[PSA] Swedish bank IcaBanken cancelled my transfer to exchange.


For my fellow Swedish HODLers out there.I've been buying Bitcoin since 2012 no problem with this bank what-so-ever, doing regular investments and using SEPA transfers to get my fiat onto the exchange (Bitstamp).Today was different, they cancelled my payment and referred to their terms of service which says private individuals can't use their account to buy other currencies. This is the first time I ever heard of a Swedish bank blocking people from buying Crypto.Needless to say I will switch bank ASAP, I've also let them know that I will be doing so, while telling them this is exactly why Crypto will win against traditional banks long term.screen shot of message: https://bit.ly/3kC1gqP (swedish) via /r/Bitcoin https://bit.ly/2S1FSzb

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