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Re: 2013-04-11 Israeli banks limit money connected to bitcoin. April 11, 2013, 07:08:04 PM #13 Whats new with this? Germans that want to trade bitcoins at bitcoin.de (sending money directly to other customers and receiving directly to bank account) know already that these activities will lead fast to a closed bank account. The only solution nowadays is to use a bank account with a polish bank that doesnt bother about bitcoins. In fact they will make quite some bucks because everyone goes to them.

But using your normal bank account for bitcoin business is a high risk and you have a good chance to lose your account. The reason is that the banks fear money laundering. They could ask back but they dont want to because it makes work. So they close, dont tell a reason, and dont have work with it. There are enough other customers that dont make trouble.

So in my opinion... israeli banks disallow it... but at least they dont close the account and cause you much trouble.