Suspicious Activity

BluAffiliate

BluAffiliate

New member
Sep 6, 2009
1,329
32
0
Was just informed Bank of America business account has been flagged for "suspicious" activity and my account is being reviewed. It's just a regular business debit account.

Speaking to my agent on the phone the reasons for this is I sprung some automated system that requires my account to be reviewed. The reasons are:

* Unusually large volume of deposits and withdrawals, up to 30 in one week.

- Explanations: weekly payments from networks, payments to traffic sources daily, payments for credit cards, etc.

* Unusual amount of cash withdrawals of high quantity that triggered some IRS traps.

- Citicard only allows 4 online payments per month so sometimes I would take out cash to prepay at the Citibank branch to put a balance on my credit cards there. Thinking back I probably should have written a check but usually didn't have my checkbook on me and didn't want to pay BofA $20 to write a cashiers check.

* Almost all my of my transactions come from the internet.

- Duh.


Anyway, anyone had this happen to them? What should I expect?

And yes I know I am a retard for ever working with BofA. I hope Wikileaks fucks them hard. My banker assures me that everything is going to be okay but iono..

And before anyone asks, no, I haven't involved myself in anything shady or illegal.

pic02o.jpg

957723a4422b1cdcf4267e780740badf.jpg

1b1f167e4ce5a43037094fcebf2ac768.jpg


 


Find a new bank, they will suspect you of money laundering when you keep pulling cash out.
 
johnysc430 said:
Find a new bank, they will suspect you of money laundering when you keep pulling cash out.
Click to expand...

Fuck. Yeah I just realized that if you look at my account it definitely looks like a money laundering service. Payments in.. cash out. Haha wow.. So do I just grab all my money and run at this point?
:angryfire::angryfire::angryfire::angryfire:
 
Sucks bro. I get some of those calls too sometimes. I was like "Wtf is wrong with you people. Ooooh, I received 15 $500 payments within a week from my SEO team's deposits into PayPal and me into my bank account. That's so suspicious!!"

Banks need to shut the fuck up and go with the flow. You should only flag someone's account if they get $5,000,000 in the same week from more than 5 payments. Fuck banks bro :/
 
That sucks and yeah I've not had my account under review before but have been asked fucked up questions by bank employee's for online payments and shit but you guys need to stop using the term BofA because after reading this all I say when reading BofA is "Bank Of FUCKING America" haha.
 
They were the only bank to give me a shot at opening a bank account back in 2008 (when all the financial shit was blowing up) so I guess I had a soft spot for em. Not any more though.
 
Don't withdraw cash to pay your citi credit card. Yeah, you should be able to get free cashier's checks from bank of america and when you do ask for one, they ask you who they should make it out to and they print that person/company's name on the check so there shouldn't be a problem with money laundering either.
 
Ben89 said:
Don't withdraw cash to pay your citi credit card. Yeah, you should be able to get free cashier's checks from bank of america and when you do ask for one, they ask you who they should make it out to and they print that person/company's name on the check so there shouldn't be a problem with money laundering either.
Click to expand...

Yeah but what if he is laundering dirty internet monies from Bank Of America to CitiBank, then he is just leaving a paper trail. Speaking of laundering money, who are the best money laundering organizations in the world? Banks! (Hypercritical bastards)
 
I have had that happen to me.. But I think it was also because I opened my account up without all the documents at the time. The banker just let it slide cuz I was in there a lot. Then with huge transactions and swings of affiliate marketing they got suspicious. Of course once they figured out it wasnt anything crazy they were cool with it.
 
That's why I stopped using them; people should be able to opt out of 'services' like that. I could make 2 purchases within 15 min at 2 locations that are practically next door to one another and trigger an account lockout. Shit like that is a deal-breaker for me because I never agreed to it.

Same goes for anyone who locks a web account after x < 100 tries and requires you call in to Bangalore to get the password reset.
 
i don't know about credit unions but i've always formed some kind of relationship with the people in your local branch. this goes a long way in getting things done. i let them know what i do & why i get so many checks, etc. make friends with *someone* in your branch - the hot teller, the grandma teller, the manager, etc. get someone on your side...
 
Launder [lawn-der, lahn-] –verb (used with object)

- to disguise the true nature of (a transaction, operation, or the like) by routing money or goods through one or more intermediaries.

Everything You Need to Know About Money Laundering

On a side note, I've banked with BofA for a long time now. Personal accounts, Mortgages, business account, never had a single issue with their service. Sounds like I'm in the minority.
 
You must log in or register to reply here.
Top Bottom