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banks vs. exchanges
TSbazzaman
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Jun 24 2020, 09:01 AM, updated 4y ago
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New Member
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Now that Luno, Sinegy and Tokenize are officially approved can banks still refuse to transact with them. i.e. can banks close clients accounts because they are buying/selling cryptocurrencies? Anyone have recent experience of this? Are some banks more friendly to crypto than others? I think some people have found UOB to be friendly. Is this so? Any others that can be recommended?
This post has been edited by bazzaman: Jun 24 2020, 09:17 AM
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raynman
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Jun 25 2020, 09:01 AM
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I have been dealing with Luno and Sinegy with my Maybank account since they have been SC-approved and I have no issues with BNM or Maybank whatsoever. Their SC-approved Malaysian bank accounts are still operating as usual (Luno with Ambank and Sinegy with UOB).
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TSbazzaman
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Jun 25 2020, 01:24 PM
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New Member
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QUOTE(raynman @ Jun 25 2020, 09:01 AM) I have been dealing with Luno and Sinegy with my Maybank account since they have been SC-approved and I have no issues with BNM or Maybank whatsoever. Their SC-approved Malaysian bank accounts are still operating as usual (Luno with Ambank and Sinegy with UOB). Thanks for the feedback. I'll probably try Luno/Maybank.
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