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-   -   Bank of America Closing Business Accounts? (https://gfy.com/showthread.php?t=700722)

mukoh 01-29-2007 01:15 PM

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 01-29-2007 01:19 PM

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 ?

pocketkangaroo 01-29-2007 01:22 PM

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

mukoh 01-29-2007 01:31 PM

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

chupacabra 01-29-2007 01:54 PM

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..

96ukssob 01-29-2007 01:56 PM

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?

mukoh 01-29-2007 01:56 PM

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.

ready lube 01-29-2007 01:58 PM

I have never liked B of A!

split_joel 01-29-2007 01:59 PM

Any credit union

Deej 01-29-2007 02:01 PM

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

Martin3 01-29-2007 02:01 PM

Quote:

Originally Posted by mukoh (Post 11812950)
Doesn't take a genius to see wires from Epoch Ccbill and Verotel and flag accounts.

CCbill checks are issued from BoA.

emthree 01-29-2007 02:04 PM

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.

Sly 01-29-2007 02:07 PM

Any sponsors closed?

I better get these checks cashed.

crockett 01-29-2007 02:10 PM

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.

james_clickmemedia 01-29-2007 02:10 PM

BofA have been been doing this for years...

JD 01-29-2007 02:22 PM

Quote:

Originally Posted by crockett (Post 11813194)
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. :(

WiredGuy 01-29-2007 02:30 PM

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

mukoh 01-29-2007 02:36 PM

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

Romeo GaySearch4Sex 01-29-2007 03:23 PM

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?

Rexk 01-29-2007 03:27 PM

Quote:

Originally Posted by bossku69 (Post 11813111)
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

baddog 01-29-2007 03:41 PM

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.

sicone 01-29-2007 03:44 PM

BofA has got to be the worst banking choice around

jakethedog 01-29-2007 03:52 PM

Mukoh .. contact me when you have a sec please ,.. 161217818

mukoh 01-29-2007 03:54 PM

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.

madawgz 01-29-2007 03:58 PM

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

interracialtoons 01-29-2007 04:06 PM

Quote:

Originally Posted by mukoh (Post 11814137)
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.

Barefootsies 01-29-2007 04:31 PM

Quote:

Originally Posted by interracialtoons (Post 11814232)
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.

mukoh 01-29-2007 04:35 PM

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

Gabriel 01-29-2007 04:47 PM

Hasn't this been known ever since they did it to SilverCash years ago?

Mr Pheer 01-29-2007 04:50 PM

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.

pornguy 01-29-2007 04:51 PM

I hope CCBill is watching whats going on.

just a punk 01-29-2007 04:53 PM

Quote:

Originally Posted by mukoh (Post 11812862)
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!

crockett 01-29-2007 04:59 PM

Quote:

Originally Posted by SPeRMiNaToR (Post 11813272)
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.

Webby 01-29-2007 05:19 PM

Quote:

Originally Posted by mukoh (Post 11814137)
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 :disgust

Trax 01-29-2007 05:21 PM

there are a ton of other banks
fuck boa

DaddyHalbucks 01-29-2007 05:21 PM

Quote:

Originally Posted by crockett (Post 11813194)
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."

:mad:



:1orglaugh :1orglaugh

V_RocKs 01-30-2007 12:25 AM

Quote:

Originally Posted by bossku69 (Post 11813111)
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...

jeffrey 01-30-2007 12:34 AM

Quote:

Originally Posted by Martin3 (Post 11813143)
CCbill checks are issued from BoA.

Quote:

Originally Posted by WiredGuy (Post 11813323)
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.

baddog 01-30-2007 12:42 AM

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?

venus 01-30-2007 01:08 AM

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

Quote:

Originally Posted by baddog (Post 11816617)
What are you guys doing, having porn names for your account name?


basschick 01-30-2007 01:21 AM

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.

chaze 01-30-2007 01:23 AM

I hate b of a http://americanbadbusinesslist.com/b...omplaints3.htm

Move to wells. Wamu isn't much better.


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