Banks tightening deposit rules

Payment methods
1

https://www.reddit.com/r/btc/comments/7h315u/wells_fargo_bank_of_america_to_ban_cash_deposits/

4 Likes
2

Thanks for the information @coinstash :slight_smile:

3

I wish I had read this before I accepted an offer to buy via cash deposit to Bank of America. I can confirm that they will not accept third party cash deposits. Another trade going to arbitration…
Is there a warning when creating an offer that instructs the user to check if their bank actually allows the payment method?

4

Added a issue to add a warnign popup: https://github.com/bisq-network/bisq/issues/1814

1 Like
5

Thanks Manfred! Will that warning just be for the maker, or also for the taker? Just in case the maker didn’t actually check, I think it would be good to warn the taker also.

6

Here is a list of banks with already experimented bad issues:
https://gitlab.com/Gailt/doc/blob/master/banks-and-cryptos.adoc

7

FYI: I was finally able to make the deposit at Bank of America by depositing a money order instead of cash, which the seller agreed to.

1 Like