My bank (Canadian) closed my account cause I was making too much money - GoFuckYourself.com

Myst · 03-04-2008, 12:39 PM

Yes you heard me. My account was flagged for making too much money. Apparantly receiving wires from the states is bad news.

Anyone know of a decent canadian bank I can deal with?

Jman · 03-04-2008, 12:40 PM

CIBC is a good one.

ADL Colin · 03-04-2008, 12:45 PM

Not even your bank wants American dollars.

Jai · 03-04-2008, 12:47 PM

Quote:

Originally Posted by Myst

Yes you heard me. My account was flagged for making too much money. Apparantly receiving wires from the states is bad news.

Anyone know of a decent canadian bank I can deal with?

ICICIC

FreeHugeMovies · 03-04-2008, 12:48 PM

Well at least that's a good problem to have. =]

fuzebox · 03-04-2008, 12:51 PM

I had great experiences with HSBC when I had business and personal accounts with them in Vancouver.

BradM · 03-04-2008, 12:52 PM

I always liked TD. They never charge me fees, ever. Their service is good and for mortgages they ALWAYS work to beat rates. They just seem overall like the most stable.

Been there forever.

Babaganoosh · 03-04-2008, 12:53 PM

Quote:

Originally Posted by ADL Colin

Not even your bank wants American dollars.

03-04-2008, 12:54 PM

What was your bank? I haven't had a problem with BMO.

D Ghost · 03-04-2008, 12:57 PM

Quote:

Originally Posted by ADL Colin

Not even your bank wants American dollars.

Hahahhaah

Roald · 03-04-2008, 12:59 PM

Quote:

Originally Posted by ADL Colin

Not even your bank wants American dollars.

haha right on the head!!!

polish_aristocrat · 03-04-2008, 01:00 PM

are you using a personal account to receive regular funds from foreign companies?

in that case tax evasion/fraud/money laundering etc might be suspected and the bank may act appropriately

but from what you once posted, you're incorporated, so Im not sure whats the problem

O MARINA · 03-04-2008, 01:45 PM

Quote:

Originally Posted by Jean-Francois

CIBC is a good one.

eeeeewwwwwww

dready · 03-04-2008, 01:46 PM

What bank was it?

pornask · 03-04-2008, 01:50 PM

Who do you bank with?

I've been with TD and haven't had this type of problem, but that's not to say they are a good bank, cause they piss me off all the time about shit load of other things.

L-Pink · 03-04-2008, 01:53 PM

Sounds like your bank wasn't making enough money from your transactions to justify their efforts. Find out if that was the case or your next bank will end up doing the same.

yys · 03-04-2008, 02:06 PM

Get ready for a call from fintrac. If your bank really closed your account then they thought something was funky with the money and would have reported you. Hope you've been keeping records and paying your taxes properly.

Drake · 03-04-2008, 02:09 PM

What was the reason? Too much money doesn't seem to make sense. Banks love money.

WiredGuy · 03-04-2008, 02:12 PM

Which bank were you with? I use RBC and HSBC, RBC I prefer.
WG

Jimmy Rock · 03-04-2008, 02:15 PM

did they freeze the funds?

Myst · 03-04-2008, 02:15 PM

the bank wasnt a major national bank..
fucking 9/11 has screwed things up so much

JFK · 03-04-2008, 02:16 PM

Quote:

Originally Posted by WiredGuy

Which bank were you with? I use RBC and HSBC, RBC I prefer.
WG

yeah, which bank was it ?

Socks · 03-04-2008, 02:18 PM

Surely you're leaving something out.. What did they tell you?

I would go with TD. They're the best of the worst.

Thrawn$ · 03-04-2008, 02:19 PM

is your name mohamed?

the Shemp · 03-04-2008, 02:20 PM

Quote:

Originally Posted by Myst

the bank wasnt a major national bank..
fucking 9/11 has screwed things up so much

....CWB ?

haxsyn · 03-04-2008, 02:21 PM

Quote:

Originally Posted by ADL Colin

Not even your bank wants American dollars.

03-04-2008, 02:22 PM

Quote:

Originally Posted by Myst

the bank wasnt a major national bank..

There's your problem.

tranza · 03-04-2008, 02:32 PM

Wow, I'm sorry to hear that.

Do you get to keep your account for a transition period, or did they just close it?

KILL_FRENZY · 03-04-2008, 02:52 PM

man that sucks

Za Ha · 03-04-2008, 02:55 PM

I have had problems with large amounts of money at a credit union in Toronto in the past.

I have been with TD for about 4 years now and never a problem, and their service is great.

StuBradley · 03-04-2008, 02:56 PM

Quote:

Originally Posted by ADL Colin

Not even your bank wants American dollars.

quantum-x · 03-04-2008, 02:58 PM

Quote:

Originally Posted by BradM

I always liked TD. They never charge me fees, ever. Their service is good and for mortgages they ALWAYS work to beat rates. They just seem overall like the most stable.

Been there forever.

There's a smoking hot argentinian woman who works in a TO branch too ;)

GoNe · 03-04-2008, 03:05 PM

TD is good but I can highly recommend HSBC.

VeriSexy · 03-04-2008, 07:36 PM

Also use TD.. no problems

Iron Fist · 03-04-2008, 07:43 PM

Quote:

Originally Posted by BradM

I always liked TD. They never charge me fees, ever. Their service is good and for mortgages they ALWAYS work to beat rates. They just seem overall like the most stable.

Been there forever.

I'd normally agree but I kid you not, yesterday I went in to get a new "Value account" with them so I can deposit my american cheques so I can track my income for tax season (in CDN funds), and this bitch gives me a line of "yeah well, we'll have to hold those for 15 business days..." and then to top things off, I asked about line of credit or overdraft and shes telling me she will need to do a full assessment on me just to open overdraft...

Strange, because i've had a TD Visa for years, but somehow that doesn't mean anything. I'll be moving my Visa CC business elsewhere soon enough... TD Bank can suck my cock from now on with that kind of service.

TheAgent · 03-04-2008, 08:19 PM

Quote:

Originally Posted by Myst

Yes you heard me. My account was flagged for making too much money. Apparantly receiving wires from the states is bad news.

Anyone know of a decent canadian bank I can deal with?

What kind of shady bank are you dealing with?

gornyhuy · 03-04-2008, 08:23 PM

Even local banks around here that have business accounts expect you to get big wires and even have "sweep" accounts where you can slam all your funds into overnight interest bearing accounts and then "sweep" them back into liquid funds as soon as you need them.

I'm still not sure what to do about the 100,000 FDIC insurance limit though. I used to think that was per deposit, but no - its per account. (Probably per individual to avoid people opening multiple accounts to get around the limit) What do you folks do with your liquid funds over 100k?

KrisKross · 03-04-2008, 08:28 PM

Haha... Almost all the big banks have been named. Missing BMO, Scotia Bank and National Bank and you've got the whole gang.

Evil Chris · 03-04-2008, 08:33 PM

Must be the "Bank of Newfoundland"

Christina Muller · 03-04-2008, 11:53 PM

Im with scotia bank ,opened up a personal and biz account no problem ,they dont seem to have issues with large wires and even cash usa checks instant for me(on the basis that the first one to bounce will mean that privilage will be withdrawn) but hey thats fair !

So I recommend Scotia Bank

GrouchyAdmin · 03-04-2008, 11:55 PM

I was going to suggest Scotiabank - but keep in mind that they're very, very buddy-buddy with Bank of America.

CDSmith · 03-05-2008, 12:32 AM

Scotia bank also has a very pro-customer kind of policy that has been developed and enhanced over I'd say the past 15 years. I've known several people who were having trouble getting their mortgages renegotiated to their satisfaction at other banks and were welcomed with open arms at Scotia. I am one of them in fact. I used to have 3 banks, now I have one, because the others basically dropped the ball.

The one thing I find a tad annoying in this thread is that Myst hasn't named the bank he's been dealing with. I'd like to hear what bank is so dense as to shut someone down for "making too much money".... something is off there.

V_RocKs · 03-05-2008, 01:43 AM

Move to an island nation...

flashfire · 03-05-2008, 02:01 AM

Quote:

Originally Posted by Jai

ICICIC

never in a million years use these guys...they cant even speck engrish

what bank where you at?

Jens Van Assterdam · 03-05-2008, 02:04 AM

Quote:

Originally Posted by Thrawn$

is your name mohamed?

BlackCrayon · 03-05-2008, 06:07 AM

I've always been curious as to what you do that makes so damn much money.

themonk · 03-05-2008, 06:12 AM

use epassporte and hold cash at home

hhahaaha

03-04-2008, 12:39 PM	#1
Myst Confirmed User Join Date: Feb 2004 Location: Alberta, Canada Posts: 4,707	My bank (Canadian) closed my account cause I was making too much money Yes you heard me. My account was flagged for making too much money. Apparantly receiving wires from the states is bad news. Anyone know of a decent canadian bank I can deal with? __________________ ICQ: 298-523-037

03-04-2008, 12:40 PM	#2
Jman Too lazy to set a custom title Industry Role: Join Date: Sep 2003 Location: Canuckstikan Posts: 22,765	CIBC is a good one. __________________ email: [email protected] Best AI Affiliate Program We also do WL at $0.00 upfront costs FantasyXXX.AI Teams: jean.francois.laverdiere TG: @jman1216

03-04-2008, 12:45 PM	#3
ADL Colin Too lazy to set a custom title Join Date: Feb 2001 Location: Tube Titans, USA Posts: 11,929	Not even your bank wants American dollars. __________________ Adult Date Link - $50 PPS starting NOW! -- good and JUICY! skype = "adultdatelink"

03-04-2008, 01:00 PM	#12
polish_aristocrat Too lazy to set a custom title Join Date: Jul 2002 Posts: 40,377	are you using a personal account to receive regular funds from foreign companies? in that case tax evasion/fraud/money laundering etc might be suspected and the bank may act appropriately but from what you once posted, you're incorporated, so Im not sure whats the problem __________________ I don't use ICQ anymore.

03-04-2008, 01:46 PM	#14
dready Confirmed User Industry Role: Join Date: Oct 2002 Location: Toronto, ON Posts: 5,247	What bank was it? __________________ ICQ: 91139591

03-04-2008, 12:48 PM	#5
FreeHugeMovies Too lazy to set a custom title Join Date: Dec 2001 Location: Charlotte, NC Posts: 14,137	Well at least that's a good problem to have. =]

03-04-2008, 12:51 PM	#6
fuzebox making it rain Industry Role: Join Date: Oct 2003 Location: seattle Posts: 22,112	I had great experiences with HSBC when I had business and personal accounts with them in Vancouver.

03-04-2008, 12:52 PM	#7
BradM Confirmed User Join Date: Dec 2003 Location: 1123,6536,5231 Posts: 3,397	I always liked TD. They never charge me fees, ever. Their service is good and for mortgages they ALWAYS work to beat rates. They just seem overall like the most stable. Been there forever.

03-04-2008, 12:54 PM	#9
evildick Guest Posts: n/a	What was your bank? I haven't had a problem with BMO.

03-04-2008, 01:50 PM	#15
pornask So Fucking Banned Join Date: Aug 2006 Location: 253-233-241 Posts: 6,518	Who do you bank with? I've been with TD and haven't had this type of problem, but that's not to say they are a good bank, cause they piss me off all the time about shit load of other things.

03-04-2008, 01:53 PM	#16
L-Pink working on my tan Industry Role: Join Date: Mar 2005 Location: Florida/Kentucky Posts: 39,151	Sounds like your bank wasn't making enough money from your transactions to justify their efforts. Find out if that was the case or your next bank will end up doing the same.

03-04-2008, 02:06 PM	#17
yys Confirmed User Join Date: Aug 2001 Posts: 1,922	Get ready for a call from fintrac. If your bank really closed your account then they thought something was funky with the money and would have reported you. Hope you've been keeping records and paying your taxes properly.

03-04-2008, 02:09 PM	#18
Drake Hello world! Industry Role: Join Date: Mar 2003 Posts: 12,508	What was the reason? Too much money doesn't seem to make sense. Banks love money.

03-04-2008, 02:12 PM	#19
WiredGuy Pounding Googlebot Industry Role: Join Date: Aug 2002 Location: Canada Posts: 34,482	Which bank were you with? I use RBC and HSBC, RBC I prefer. WG __________________ I play with Google.

03-04-2008, 02:15 PM	#20
Jimmy Rock Confirmed User Join Date: Feb 2005 Location: West Hollywood Posts: 3,055	did they freeze the funds? __________________ Jimmy Rock \| ICQ: 285 748 329 [email protected]

03-04-2008, 02:18 PM	#23
Socks Confirmed User Industry Role: Join Date: May 2002 Location: Toronto Posts: 8,475	Surely you're leaving something out.. What did they tell you? I would go with TD. They're the best of the worst.

03-04-2008, 02:19 PM	#24
Thrawn$ Confirmed User Join Date: Apr 2002 Location: Mtl Posts: 4,596	is your name mohamed? __________________ Tracking 202 \| Start Tracking PPC Campaigns Like A Pro

03-04-2008, 02:32 PM	#28
tranza ICQ: 197-556-237 Join Date: Jun 2003 Location: BRASIL !!! Posts: 57,559	Wow, I'm sorry to hear that. Do you get to keep your account for a transition period, or did they just close it? __________________ I'm just a newbie.

03-04-2008, 02:52 PM	#29
KILL_FRENZY Confirmed User Industry Role: Join Date: Aug 2006 Posts: 6,184	man that sucks __________________ BOOST YOUR SALES! WordPress Templates \| Joomla Templates \| TGP Templates \| Cartoons \| Custom Design Contact: ICQ - 240130421 \| Email - [email protected]

03-04-2008, 02:55 PM	#30
Za Ha Confirmed User Join Date: Oct 2001 Location: Still lost Posts: 5,112	I have had problems with large amounts of money at a credit union in Toronto in the past. I have been with TD for about 4 years now and never a problem, and their service is great.

03-04-2008, 03:05 PM	#33
GoNe Confirmed User Join Date: Jan 2003 Location: unknown Posts: 2,892	TD is good but I can highly recommend HSBC. __________________ buying domains 1 year or more in age. Adult related only. Email me at webmaster @ crazyvids.com

03-04-2008, 07:36 PM	#34
VeriSexy Join The Royal Family Join Date: Apr 2002 Posts: 25,463	Also use TD.. no problems __________________ Looking for a KICK ASS TEEN SPONSOR? Check out ROYAL CASH - THE KING OF TEEN! Incredible webmaster tools FHGs, Morphing Blog and RSS Feeds, Embedded FLV & WMV Videos. With TOP RATIO Sites like TeenStarsOnly.com - Earn $$ with our New Site & Bonus Payouts!! ATMovs.com \| iTeenVideo.com \| TeenSexMovs.com \| TeenSexMania.com

03-04-2008, 08:23 PM	#37
gornyhuy Chafed. Join Date: May 2002 Location: Face Down in Pussy Posts: 18,041	Even local banks around here that have business accounts expect you to get big wires and even have "sweep" accounts where you can slam all your funds into overnight interest bearing accounts and then "sweep" them back into liquid funds as soon as you need them. I'm still not sure what to do about the 100,000 FDIC insurance limit though. I used to think that was per deposit, but no - its per account. (Probably per individual to avoid people opening multiple accounts to get around the limit) What do you folks do with your liquid funds over 100k? __________________ icq:159548293

03-04-2008, 08:28 PM	#38
KrisKross Confirmed User Join Date: Jan 2006 Location: Canada Posts: 5,024	Haha... Almost all the big banks have been named. Missing BMO, Scotia Bank and National Bank and you've got the whole gang. __________________

03-04-2008, 08:33 PM	#39
Evil Chris OG Industry Role: Join Date: Dec 2001 Location: 3rd from the Sun Posts: 13,233	Must be the "Bank of Newfoundland" __________________ It PAYZE to post on GFY chris at payze.com \| Skype chriswrp

03-04-2008, 11:53 PM	#40
Christina Muller Confirmed User Join Date: Mar 2007 Location: Canada/Germany Posts: 923	Im with scotia bank ,opened up a personal and biz account no problem ,they dont seem to have issues with large wires and even cash usa checks instant for me(on the basis that the first one to bounce will mean that privilage will be withdrawn) but hey thats fair ! So I recommend Scotia Bank __________________ Promote A Brand Your Surfer Trusts Playboy No Upsell - No X Sales - No Bullshit !

03-04-2008, 11:55 PM	#41
GrouchyAdmin Now choke yourself! Industry Role: Join Date: Apr 2006 Posts: 12,085	I was going to suggest Scotiabank - but keep in mind that they're very, very buddy-buddy with Bank of America. __________________ AIM: GrouchyGfy

03-05-2008, 12:32 AM	#42
CDSmith Too lazy to set a custom title Industry Role: Join Date: May 2001 Location: My network is hosted at TECHIEMEDIA.net ...Wait, you meant where am I located at? Oh... okay, I'm in Winnipeg, Canada. Oops. :) Posts: 51,460	Scotia bank also has a very pro-customer kind of policy that has been developed and enhanced over I'd say the past 15 years. I've known several people who were having trouble getting their mortgages renegotiated to their satisfaction at other banks and were welcomed with open arms at Scotia. I am one of them in fact. I used to have 3 banks, now I have one, because the others basically dropped the ball. The one thing I find a tad annoying in this thread is that Myst hasn't named the bank he's been dealing with. I'd like to hear what bank is so dense as to shut someone down for "making too much money".... something is off there. __________________ *Promote Wildmatch, ImLive, Sexier.com, and more!!* ALWAYS THE HIGHEST PAYOUTS: Big Bux/ImLive SIGNUP ON NOW!!! Put some PUSSYCA$H in your pocket. ICQ me at: 31024634

03-05-2008, 01:43 AM	#43
V_RocKs Damn Right I Kiss Ass! Industry Role: Join Date: Dec 2003 Location: Cowtown, USA Posts: 32,409	Move to an island nation...

03-05-2008, 06:07 AM	#46
BlackCrayon Too lazy to set a custom title Join Date: Jun 2003 Location: Ottawa Posts: 19,631	I've always been curious as to what you do that makes so damn much money. __________________ you don't know you're wearing a leash if you sit by the peg all day..

03-05-2008, 06:12 AM	#47
themonk Confirmed User Join Date: May 2006 Posts: 6,511	use epassporte and hold cash at home hhahaaha __________________ 175$ Per Sale - The Best Sponsor