Business Issues with Adult Banking in EU - GoFuckYourself.com

xanadu · 10-09-2014, 05:57 AM

seems lots of adult related personal and business accounts are getting closed left and right the last weeks in the EU, as a new witch hunt is taking place.

If your bank is a correspondent bank of DB, I suggest you move asap ;)

JFK · 10-09-2014, 06:07 AM

Thanks for the heads up

MrTrollkien · 10-09-2014, 06:10 AM

Quote:

Originally Posted by xanadu

seems lots of adult related personal and business accounts are getting closed left and right the last weeks in the EU, as a new witch hunt is taking place.

If your bank is a correspondent bank of DB, I suggest you move asap ;)

Can you bring more details about this case?

wehateporn · 10-09-2014, 06:17 AM

Some changes in banking laws maybe, this is different but spotted yesterday that Auction Chex are having problems switching dollars into pounds, a lot of UK based affiliate marketers rely on them

xanadu · 10-09-2014, 06:22 AM

yep, thats another issue that is going on a while now, lots of pressure from US in general, i think a few affiliate programs had to change their payout models due to this...

sorry mr Trollkien, but obviously cant give names lol....

Lets say, I know for a fact that DB is pushing heavily their correspondent banks in other EU countries to close accounts that are adult related, even on shareholder level(aka accounts not even directly related with adult business) and its not the only bank doing do.

Seems there is more and more pressure on online business even mainstream, as theoretically can be used for $ laundering (especially on sectors that banks cant understand).

Paul&John · 10-09-2014, 06:37 AM

Btw what in this case closing an account means? They let you know to move your funds elsewhere asap, or they just take all the money ?

MaDalton · 10-09-2014, 01:17 PM

Quote:

Originally Posted by wehateporn

Some changes in banking laws maybe, this is different but spotted yesterday that Auction Chex are having problems switching dollars into pounds, a lot of UK based affiliate marketers rely on them

why can't you deposit USD checks directly?

_Richard_ · 10-09-2014, 01:24 PM

Quote:

Originally Posted by wehateporn

Some changes in banking laws maybe, this is different but spotted yesterday that Auction Chex are having problems switching dollars into pounds, a lot of UK based affiliate marketers rely on them

people here would be able to 'sign off' a cheque to someone else.. i wonder if this has been changed

faxxaff · 10-09-2014, 03:05 PM

Legit entities based in EU with directors living in the EU running legit biz should have no problems at all. Many brothels operate accounts with DB and have no problems at all.

10-09-2014, 05:57 AM	#1
xanadu bot Industry Role: Join Date: Sep 2006 Location: Barcelona Posts: 997	Issues with Adult Banking in EU seems lots of adult related personal and business accounts are getting closed left and right the last weeks in the EU, as a new witch hunt is taking place. If your bank is a correspondent bank of DB, I suggest you move asap ;) __________________ GFY Admin [email protected] https://linktr.ee/xxx

10-09-2014, 06:07 AM	#2
JFK FUBAR the ORIGINATOR Industry Role: Join Date: Jan 2002 Location: FUBARLAND Posts: 67,374	Thanks for the heads up __________________ FUBAR Webmasters - The FUBAR Times - FUBAR Webmasters Mobile - FUBARTV.XXX For promo opps contact jfk at fubarwebmasters dot com

10-09-2014, 06:17 AM	#4
wehateporn Promoting Debate on GFY Industry Role: Join Date: Apr 2007 Posts: 27,173	Some changes in banking laws maybe, this is different but spotted yesterday that Auction Chex are having problems switching dollars into pounds, a lot of UK based affiliate marketers rely on them __________________ Sexy Girls Teasing

10-09-2014, 06:22 AM	#5
xanadu bot Industry Role: Join Date: Sep 2006 Location: Barcelona Posts: 997	yep, thats another issue that is going on a while now, lots of pressure from US in general, i think a few affiliate programs had to change their payout models due to this... sorry mr Trollkien, but obviously cant give names lol.... Lets say, I know for a fact that DB is pushing heavily their correspondent banks in other EU countries to close accounts that are adult related, even on shareholder level(aka accounts not even directly related with adult business) and its not the only bank doing do. Seems there is more and more pressure on online business even mainstream, as theoretically can be used for $ laundering (especially on sectors that banks cant understand). __________________ GFY Admin [email protected] https://linktr.ee/xxx

10-09-2014, 06:37 AM	#6
Paul&John Confirmed User Industry Role: Join Date: Aug 2005 Location: YUROP Posts: 8,611	Btw what in this case closing an account means? They let you know to move your funds elsewhere asap, or they just take all the money ? __________________ Use coupon 'pauljohn' for a $1 discount at already super cheap NameSilo! Anal Webcams \| Kinky Trans Cams Live \| Hotwife XXX Tube \| Get your Proxies here

10-09-2014, 03:05 PM	#9
faxxaff Confirmed User Industry Role: Join Date: Dec 2002 Location: Marina Hemingway Posts: 2,134	Legit entities based in EU with directors living in the EU running legit biz should have no problems at all. Many brothels operate accounts with DB and have no problems at all. __________________ Asian Babes