U.K. Bank Santander blocks all payments to Coinbase

Just got off the phone with a Santander rep in the U.K. who informed me they will no longer be allowing their customers to deposit money to Coinbase.

After I put in a complaint their “complaints department” confirmed to me that I should move to an alternative bank if I wish to make the payment.

They went on to say this is likely because of an increase in fraud related to Coinbase.

EDIT: Santander is a Spanish bank, but I use them in the U.K.

Submitted August 14, 2019 at 04:48PM by iCheat69 https://ift.tt/2Z3qROn