Bank of America Closing Business Accounts?

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  • mukoh
    Registered User
    • Jan 2001
    • 51

    #1

    Bank of America Closing Business Accounts?

    Interesting news a few people we know about 15 of them in adult industry have had their bank accounts including us closed today. Bank of Americas comment on this is "It is our business decision to not deal with your account". Never late pays plenty of money in accounts. What gives?
  • JP-pornshooter
    Confirmed User
    • Sep 2006
    • 4007

    #2
    Interesting..didnt think there was a bank of america in canada.
    i use same bank but have not had any issues, interesting to see if this is a new trend ?
    "Obscenity is whatever gives the Judge an erection." -- Author Unknown

    Comment

    • pocketkangaroo
      Confirmed User
      • Jan 2005
      • 8452

      #3
      Just curious how they would even know. Most checks and wires we receive don't mention anything about adult.

      Comment

      • mukoh
        Registered User
        • Jan 2001
        • 51

        #4
        Doesn't take a genius to see wires from Epoch Ccbill and Verotel and flag accounts.

        Comment

        • chupacabra
          Confirmed User
          • Sep 2002
          • 3626

          #5
          i can confirm that they are closing some accounts at least, 2 friends of mine woke to find theirs closed as of today, mine are not however... would be nice to know what (or who) is tipping them off w/ this..
          ...promise her a defamation, tell her where the rain will fall..

          Comment

          • 96ukssob
            So Fucking Banananananas
            • Mar 2003
            • 12991

            #6
            holy shit. i was just going down today to open a business account for adult to keep my SEM/SEO biz and adult seperate. funk that then!

            Anyone konw a bank that is cool with Adult in SoCal?
            Email: Clicky on Me

            Comment

            • mukoh
              Registered User
              • Jan 2001
              • 51

              #7
              Oh yeah I got another call with a friend who has been with them for over 5 years and goes through very serious amounts from epoch and ccbill. Same thing.

              Comment

              • ready lube
                Confirmed User
                • Dec 2005
                • 2043

                #8
                I have never liked B of A!

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                Comment

                • split_joel
                  Confirmed User
                  • Jan 2005
                  • 2270

                  #9
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                  • Deej
                    I make pixels work
                    • Jun 2005
                    • 24386

                    #10
                    Are any of these companies dealing with a merchant account through BofA or is it just recieving funds from adult companies?

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                    • Martin3
                      Confirmed User
                      • Oct 2005
                      • 1529

                      #11
                      Originally posted by mukoh
                      Doesn't take a genius to see wires from Epoch Ccbill and Verotel and flag accounts.
                      CCbill checks are issued from BoA.
                      264-543-302

                      Comment

                      • emthree
                        Dialer Kingpin
                        • Jun 2003
                        • 10816

                        #12
                        That's pretty fucked up. I have a checking & savings account at Bank of New York. I hope they don't decide to gay out.

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                        Comment

                        • Sly
                          Let's do some business!
                          • Sep 2004
                          • 31379

                          #13
                          Any sponsors closed?

                          I better get these checks cashed.
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                          • crockett
                            in a van by the river
                            • May 2003
                            • 76818

                            #14
                            Hasn't this happened in the past as well? I'm almost certain BoA is known for closing accounts if they don't like adult.

                            IMO I'd almost think if enough people got together they could sue them for discrimination.
                            In November, you can vote for America's next president or its first dictator.

                            Comment

                            • james_clickmemedia
                              Confirmed User
                              • Apr 2003
                              • 2204

                              #15
                              BofA have been been doing this for years...
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                              • JD
                                Too lazy to set a custom title
                                • Sep 2003
                                • 22651

                                #16
                                Originally posted by crockett
                                Hasn't this happened in the past as well? I'm almost certain BoA is known for closing accounts if they don't like adult.

                                IMO I'd almost think if enough people got together they could sue them for discrimination.
                                can't sue them for it. It's they're right to not do business with anyone they see fit.

                                Comment

                                • WiredGuy
                                  Pounding Googlebot
                                  • Aug 2002
                                  • 34515

                                  #17
                                  BofA has historically not wanted to be associated with adult so don't be too surprised if they shut down accounts for it.
                                  WG
                                  I play with Google.

                                  Comment

                                  • mukoh
                                    Registered User
                                    • Jan 2001
                                    • 51

                                    #18
                                    Hey WiredGuy do you have a moment? We all wanted to get a hold of you on a deal that we have. if you can ICQ 50714103

                                    Comment

                                    • Romeo GaySearch4Sex
                                      Confirmed User
                                      • Mar 2006
                                      • 472

                                      #19
                                      Ive seen posts about Bank of America closing accounts associated with adult every now and then...

                                      do you think its a written policy of their bank, or more of a branch decision?
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                                      • Rexk
                                        Confirmed User
                                        • Jul 2003
                                        • 704

                                        #20
                                        Originally posted by bossku69
                                        holy shit. i was just going down today to open a business account for adult to keep my SEM/SEO biz and adult seperate. funk that then!

                                        Anyone konw a bank that is cool with Adult in SoCal?

                                        We use East West Bank in LA...they are a Korean Bank and very easy for wires etc...ICQ me 107364877 if you want contact info

                                        Comment

                                        • baddog
                                          So Fucking Banned
                                          • Apr 2001
                                          • 107089

                                          #21
                                          How do you get notified? I have 2 biz and several personal accounts with them, and no indication that they are shutting any of them down.

                                          Comment

                                          • sicone
                                            Retired
                                            • Jan 2004
                                            • 18453

                                            #22
                                            BofA has got to be the worst banking choice around

                                            Comment

                                            • jakethedog
                                              Confirmed User
                                              • Jun 2004
                                              • 2497

                                              #23
                                              Mukoh .. contact me when you have a sec please ,.. 161217818
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                                              • mukoh
                                                Registered User
                                                • Jan 2001
                                                • 51

                                                #24
                                                Nobody I know got really notified per say, CCBILL emailed us this morning and said the wire came back "Account Closed" So called up Bank of A Business and they gave me a number for some guy who basically said it was their choice on whose business to keep accepting. Other people told similar stories. Its basically a day of bullshit and tons of affliliate checks to reprint and redo.

                                                Comment

                                                • madawgz
                                                  8.8.8.8
                                                  • Mar 2006
                                                  • 30509

                                                  #25
                                                  wow that sounds fucked, good thing i dont have an account with them`
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                                                  Comment

                                                  • interracialtoons
                                                    Confirmed User
                                                    • May 2006
                                                    • 1910

                                                    #26
                                                    Originally posted by mukoh
                                                    Nobody I know got really notified per say, CCBILL emailed us this morning and said the wire came back "Account Closed" So called up Bank of A Business and they gave me a number for some guy who basically said it was their choice on whose business to keep accepting. Other people told similar stories. Its basically a day of bullshit and tons of affliliate checks to reprint and redo.
                                                    Did you issue checks with your "special logo" on it or affiliate IDs like "fuckcock2".

                                                    I remember people calling me a stupid assed crybaby when I brought this up about a sponsor check. I hope you weren't one of them.
                                                    Done.

                                                    Comment

                                                    • Barefootsies
                                                      Choice is an Illusion
                                                      • Feb 2005
                                                      • 42635

                                                      #27
                                                      Originally posted by interracialtoons
                                                      Did you issue checks with your "special logo" on it or affiliate IDs like "fuckcock2".

                                                      I remember people calling me a stupid assed crybaby when I brought this up about a sponsor check. I hope you weren't one of them.
                                                      I remember that.
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                                                      Comment

                                                      • mukoh
                                                        Registered User
                                                        • Jan 2001
                                                        • 51

                                                        #28
                                                        We keep our checks simple and no information about anything accept payperiods and such. So no it wasn't us :_)

                                                        Comment

                                                        • Gabriel
                                                          Confirmed User
                                                          • Apr 2002
                                                          • 4789

                                                          #29
                                                          Hasn't this been known ever since they did it to SilverCash years ago?
                                                          ICQ#: 142295729

                                                          Comment

                                                          • Mr Pheer
                                                            So Fucking Banned
                                                            • Dec 2002
                                                            • 22082

                                                            #30
                                                            Bank of America is so big that they wont miss your adult related business.

                                                            I like to do business with smaller localy owned banks if I can instead of the huge megacorporate banks.

                                                            Comment

                                                            • pornguy
                                                              Too lazy to set a custom title
                                                              • Mar 2003
                                                              • 62910

                                                              #31
                                                              I hope CCBill is watching whats going on.
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                                                              • just a punk
                                                                So fuckin' bored
                                                                • Jun 2003
                                                                • 32385

                                                                #32
                                                                Originally posted by mukoh
                                                                Interesting news a few people we know about 15 of them in adult industry have had their bank accounts including us closed today. Bank of Americas comment on this is "It is our business decision to not deal with your account". Never late pays plenty of money in accounts. What gives?
                                                                That really sucks man

                                                                P.S. Bush for the president - once more time!
                                                                Obey the Cowgod

                                                                Comment

                                                                • crockett
                                                                  in a van by the river
                                                                  • May 2003
                                                                  • 76818

                                                                  #33
                                                                  Originally posted by SPeRMiNaToR
                                                                  can't sue them for it. It's they're right to not do business with anyone they see fit.
                                                                  In a sense they do.. but if they are singling out a certian groups that have done nothing wrong, then that's discrimination.

                                                                  I'm not a sue happy person but I'd think about a class action suite over something like this. They are causing peoles business harm and costing them money by closing accounts with no notice.
                                                                  In November, you can vote for America's next president or its first dictator.

                                                                  Comment

                                                                  • Webby
                                                                    Too lazy to set a custom title
                                                                    • Oct 2002
                                                                    • 14956

                                                                    #34
                                                                    Originally posted by mukoh
                                                                    Nobody I know got really notified per say, CCBILL emailed us this morning and said the wire came back "Account Closed" So called up Bank of A Business and they gave me a number for some guy who basically said it was their choice on whose business to keep accepting. Other people told similar stories. Its basically a day of bullshit and tons of affliliate checks to reprint and redo.
                                                                    Sheesh mukoh - *very* pathetic unprofessional behavior
                                                                    XXX TLD's - Another mosquito to swat.

                                                                    Comment

                                                                    • Trax
                                                                      [----------------------]
                                                                      • Aug 2001
                                                                      • 14486

                                                                      #35
                                                                      there are a ton of other banks
                                                                      fuck boa

                                                                      Comment

                                                                      • DaddyHalbucks
                                                                        A freakin' legend!
                                                                        • Feb 2004
                                                                        • 18975

                                                                        #36
                                                                        Originally posted by crockett
                                                                        Hasn't this happened in the past as well? I'm almost certain BoA is known for closing accounts if they don't like adult.

                                                                        IMO I'd almost think if enough people got together they could sue them for discrimination.
                                                                        Abdolutely! Those bastards are breaking the US Constitution!

                                                                        "Acticle 1. Banks may not discriminate on the basis of race, creed, color, religion, national origin, age, sex, sexual orientation, or if the account holder is an online pornographer."





                                                                        Boner Money

                                                                        Comment

                                                                        • V_RocKs
                                                                          Damn Right I Kiss Ass!
                                                                          • Nov 2003
                                                                          • 32451

                                                                          #37
                                                                          Originally posted by bossku69
                                                                          holy shit. i was just going down today to open a business account for adult to keep my SEM/SEO biz and adult seperate. funk that then!

                                                                          Anyone konw a bank that is cool with Adult in SoCal?
                                                                          Wells Fargo...

                                                                          Comment

                                                                          • jeffrey
                                                                            Confirmed User
                                                                            • Jul 2004
                                                                            • 1864

                                                                            #38
                                                                            Originally posted by Martin3
                                                                            CCbill checks are issued from BoA.
                                                                            Originally posted by WiredGuy
                                                                            BofA has historically not wanted to be associated with adult so don't be too surprised if they shut down accounts for it.
                                                                            WG
                                                                            I dont get it, I have a CCbill check infront of me, Its issued by BoA.
                                                                            If they are so against adult why dont they close CCbills account?

                                                                            There is something more then them not liking adult.
                                                                            Coming Soon!

                                                                            Comment

                                                                            • baddog
                                                                              So Fucking Banned
                                                                              • Apr 2001
                                                                              • 107089

                                                                              #39
                                                                              Well, I probably shouldn't say anything, but I was just at BofA this afternoon, and they did not say anything about closing any of my accounts.

                                                                              What are you guys doing, having porn names for your account name?

                                                                              Comment

                                                                              • venus
                                                                                Confirmed User
                                                                                • Jan 2003
                                                                                • 3112

                                                                                #40
                                                                                No shit, I have several accounts with BoA, IRA's, money market, personal and business, never any problems... but then again my checks are 100% clean, if affiliates want information they can look it up in their stats

                                                                                I also dont get checks from ccbill, epoch or any other third party place

                                                                                Originally posted by baddog
                                                                                What are you guys doing, having porn names for your account name?
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                                                                                Comment

                                                                                • basschick
                                                                                  Confirmed User
                                                                                  • Jan 2001
                                                                                  • 2540

                                                                                  #41
                                                                                  as i recall, the hawgs and silvercash both had accounts closed by b of a. and their business names were not porn names. you would never know from the appearance and names on the checks what type of businesses they had. of course, for all i know they were sending checks to affiliates with businesses like All Anal Sex Incorporated and Horny Black Holes LLC.
                                                                                  Got Gay and For Women Traffic?

                                                                                  Comment

                                                                                  • chaze
                                                                                    Confirmed User
                                                                                    • Aug 2002
                                                                                    • 9774

                                                                                    #42
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