the one u register is HSBC personal acc or biz acc?

so public bank account cannot receive fund from binance p2p? Will cause close account?
if i want receive from p2p binance, which bank should i use for safety?

This post has been edited by Invulnerability: Jun 14 2021, 05:15 PM

if u are cashout like once perweek don need to worry la bro

any bank account will do except public bank.

p2p buyer/ seller not suppose to reveal crypto activity
risky grey zone

where got profit so fast

if u buy last week for sure already up how many time already lowest 31k and right now 41k already 32% increase

Sorry to hear your situation OP
Hope the bank unfrozen your account

Also a reminder to others not to accept 3rd party transfer, though it is actually quite common. I usually look for those with long and good trade history to p2p

What if I cash out to Public Bank from exchanges approved by Securities Commission Malaysia. Account still will be close?

How do they know the money is from p2p binance ?

Just avoid putting weird transaction reference like : btc / crypto / usd etc.

Never had issue so far (Hong Leong and Maybank)

For p2p is difficult to control the transaction reference, I put in p2p message that never put crypto-like word but still got user put

Hong Leong called to ask what are those transaction, I just gave honest answer. But the officer seems like not know cryptocurrency

Ah. This is kinda new. So he just asks and you answers, then I think he accepts the reason and did not ask you further? Is that a large amount? Wonder why he called you at the first place.

30-40k in one transaction, a few similar transactions with different name (because p2p) in different days. Is a she, she asked, I answer, I think she kind of write it down I think?

Reason for calling is she said suddenly got large amount transaction going into account

Hopefully Hong Leong is still crypto friendly, but earlier replies mentioned the opposite

HL is not friendly. May be they will close your account.

if they do, will they give me time to take out my money? how many days they give?

they will send you letter and inform you about the date of closure and you can take out then or after the mentioned date, they will send you cashier order.

how you know is the bank?...
ask that bank do deal with your bank la..

also... you just need to deal with your bank. If got proof and trail... don need worry.

Also thats why i dont buy or do p2p trades in exchanges... the hassle, risks and stress is just there...

I only buy from LUNO but I time my buying... at RSI below 30 (5mins chart). Buy the time i transfer... it would be up again and you don't loose much..
At least you can sleep at night knowing nothing is wrong. Want to cash our also same thing... as long as not shown in crypto you're trading or frequency of buy sell is not that often... you can cash out properly..

so u normally accumulate the MYR in Luno wallet and seldom cash out?

I buy crypto in luno...
and i transfer out...
but other cryptos in then store in own wallet.

I cash out every couple of months if i need the cash...
now crypto is down.. so just keep...

I do hear that a lot of scam issues on p2p, sometimes it's kinda worrying, especially on selling.

ok, so in whatever case I can still take out the money. As long as I can take out the money, I don't mind closing the account though. Just switch to Maybank which is more crypto friendly as others said
How about CIMB?