08-13-2021, 01:13 PM
I just called my bank to ask why they’ve declined a transaction to binance.
<!-- SC_OFF --><div class="md"><p>Apparently I have exceeded my limit which is in place to protect customers. I queried to what the timeframe and amount of this limit is. They replied “We do not discuss limits to the general public.” I asked if there were any limits in place to protect customers from gambling addictions to which she replied I’m unaware. Given that she was quite clued up on the rules around crypto but not around gambling says a whole lot. I made a complaint and left it at that. My conclusion, the banks are scared.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Fivebag"> /u/Fivebag </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p31rz3/i_just_called_my_bank_to_ask_why_theyve_declined/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p31rz3/i_just_called_my_bank_to_ask_why_theyve_declined/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Apparently I have exceeded my limit which is in place to protect customers. I queried to what the timeframe and amount of this limit is. They replied “We do not discuss limits to the general public.” I asked if there were any limits in place to protect customers from gambling addictions to which she replied I’m unaware. Given that she was quite clued up on the rules around crypto but not around gambling says a whole lot. I made a complaint and left it at that. My conclusion, the banks are scared.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Fivebag"> /u/Fivebag </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p31rz3/i_just_called_my_bank_to_ask_why_theyve_declined/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p31rz3/i_just_called_my_bank_to_ask_why_theyve_declined/">[comments]</a></span>Kind Regards R