Take your bussiness else where. My bank isn't trying to "Debo" me.

switch banks.. easy way to not deal with the bs

politely tell them thank you for your service but i will be taking my business else where. then ask for them to release your funds to you and take them elsewhere.

 

Originally Posted by shallowcal

politely tell them thank you for your service but i will be taking my business else where. then ask for them to release your funds to you and take them elsewhere.

I am worried they are going to file a report of suspicious activities. I pay taxes but I would prefer to just not have to deal with all this bs. Everything that makes online poker more related to the government and being "wrong" in my household leads to my parents totally turning on me if I decided to take a year off and play full time before law school.

 

Originally Posted by Turt22

i belong to [bank name removed]. never had any problems cashing out e-checks. they weant big withdrawls usually maybe 80 to 100 bucks at a time. but nothing was ever said

ding ding on the bank I use.
my withdraws were bigger but I had never had a problem before either.

 

Originally Posted by apology7

there's nothing you can really do, as IT IS ILLEGAL FOR YOUR BANK TO PROCESS YOUR WITHDRAWALS...and so they have the right to stop serving you. I would not do another transaction and go to another bank

FYP

also, if your cashouts have been over I think it's 5k they've already gotten you into a zillion federal databases that look into terrorist/ money laundering activities. 10k deposits get reported, everyone knows that, but the smaller threshold (like I said 5k or maybe even 3k, I don't remember) triggers new post 9-11 rules governed by IIRC a government agency called fincen.

cliffs.
1) Bank is doing it's job correctly
2) get another bank
3) government is tracking you like a mofo already, nothing you can do about it.

 

Originally Posted by bonflizubi

FYP

also, if your cashouts have been over I think it's 5k they've already gotten you into a zillion federal databases that look into terrorist/ money laundering activities. 10k deposits get reported, everyone knows that, but the smaller threshold (like I said 5k or maybe even 3k, I don't remember) triggers new post 9-11 rules governed by IIRC a government agency called fincen.

cliffs.
1) Bank is doing it's job correctly
2) get another bank
3) government is tracking you like a mofo already, nothing you can do about it.

They were all 5ks. So is my solution then to switch banks and to cash less money out at a time? It seems to me that if this is illegal for every american bank the more pertinent solution would be to make a foreign bank account, that way i dont constantly have to switch banks and hope that this one doesnt catch me?

I currently work for [bank name removed] and worked for [bank name removed] before that and the problem with your deposits are the amounts that are being wire transfered bc its like a cash deposit inside the bank itself. I forget the timeframe but any CASH deposit over 3000 or CASH deposits totaling 3000 over a week is flagged. Any cash over 5000 or and the person usually has to fill out a form. Both are to prevent money laundering and other stuff. Best bet is to switch banks since they already flagged the merchant thats making the transfer as online gambling and with your new bank keep it to like 2500 xfers and if I can remember the exact timeframe to keep it from getting flagged I'll pm you. Or just deposit checks and they will put a hold until it clears but wont flag em

 

Originally Posted by okse54

i disagree

pretty sure withdrawing funds from poker sites are 100% legal

You aren't doing anything illegal but the bank is

I'm 27 and have worked at a bank for over 3 years. I can tell you from experience that any unusual or suspicious activity, especially when you open an account is a no no. These bank wires definitely fit that pattern. Switch banks and figure out another way to withdraw your funds or wait awhile before doing so many wire transfers. I've been doing echecks forever and never had any problems.

You are not doing anything illegal. It is a grey area for them they are just protecting themselves like others have said.

I dunno if its the wires or not but I have yet to have this problem with a bank but I just get checks , takes longer but not too long (If I need the money NOW I am not planning right imo).

Def take your business elsewhere and switch up your methods/amounts getting a nice round 5000$ every time you cash out is gonna set off some flag I would think as it isnt that common for such round numbers to come out in banking. You might have the same problem with checks (but I think there is a reason the checks all come under a certain size, to avoid flags) I dunno I guess it depends on the diligence of the individual banks.

They can't confiscate your funds, or sic the coppers on you so don't panic.

I just clicked on FTP withdrawal. I don't see where you can get sent a check in the mail. Not an option anymore? Is a bank account neccessary now?

 

Originally Posted by JLizard

You are not doing anything illegal. It is a grey area for them they are just protecting themselves like others have said.

I dunno if its the wires or not but I have yet to have this problem with a bank but I just get checks , takes longer but not too long (If I need the money NOW I am not planning right imo).

Def take your business elsewhere and switch up your methods/amounts getting a nice round 5000$ every time you cash out is gonna set off some flag I would think as it isnt that common for such round numbers to come out in banking. You might have the same problem with checks (but I think there is a reason the checks all come under a certain size, to avoid flags) I dunno I guess it depends on the diligence of the individual banks.

They can't confiscate your funds, or sic the coppers on you so don't panic.

Yeah I am not in any hurry at all to cash it out, moreso just dont like being a situation that feels criminal (even though it is clearly not).
Cashing out 300$ at a time seems so absurd. I am not a baller at all so realistically I could do it, but how on earth would someone who binked a 100k + score (cant even imagine a 1mill) possibly do this?

 

Originally Posted by bonflizubi

you get a bank wire.

and these are tracked less than premium bank wires? I am kind of a noob when it comes to banking so bear with me.

 

Originally Posted by Pghfan987

I think I am you from the future.

Haha well then pm me and let me know if you are happy with your decision / things you would do differently.... or really any advice at all for that matter, as I cant think of anyone that would be more helpful than me in the future.

 

Originally Posted by Mournval

I'm always a bit surprised that not more people open offshore accounts if they withdraw frequently to avoid these issues.

It's remarkably difficult to do assuming you are a US citizen who lives in the US and can't establish a legitimate (ie not poker) reason for opening one - and you need significant coin to do so as well.

If you live in the EU as you do for instance, there are a lot more legit reasons for opening an offshore account and much less money required to do so.