are US banks getting extra coutious?
 

I?ve just opened new business checking account at chase Manhattan, last time I did that was over 3 years ago.
I was pretty surprised when they told me I cannot accept wire transfers in a period of 6 month from opening an account.
Honestly I wasn't prepared for such outcome.
I?m wondering are there any banks that don't make your business loose potential business because of this matter. Certainly, I hope it is not being regulated throughout all banks on US soil.
What is your experience regarding this topic?

:ak47:

switch banks, any bank that tells you what you can and cant do to make them money doesnt deserve your business.

Sounds like "anti-terrorism" money laundering prevention laws to me.

Exactly Goth..

good banks these days, hard to come by

Thanks all, I appreciate your input

AMP, where are you staying now?

That's nuts, fuck them, go somewhere else. :2 cents:

me personally? Or are we still talking about banks.... ?

Speaking of banks. Got this in an email today from SilverCash.

"Bank Of America closed our bank accounts (with next to no notice). They learned our business is with the adult industry and do not want to be affiliated."

That's ridiculous. Like banks have morals all of a sudden.

B of A has not been adult friendly for a while now... this isn't anything new, it's just that they got caught.

There will be tremendous opportunities for banks that will seriously take care of customers like in the old days to grab market share. The problem with banking is there are too many consolidations of major money center banks. They are run by corpies and not bankers. The Patriot act also put them on notice to clean up their money laundering accounts, so they are all being extra cautious.

Its really time to look into buying one of these small banks or forming one to take care of your banking needs.

I don't trust any of them.

Are you East Indian?