Global Feed Post Login
Replying to Avatar Derek Ross

**SWIFT payments network access cut to crypto exchanges**

We are once again entering the *then they fight you* phase.

*“The banking partner that services your account has advised that they are no longer able to process SWIFT fiat (USD) transaction for individuals of less than $100,000 USD as of February 1, 2023. This is the case for all their crypto exchange clients,” said Binance.*

[Source](https://www.asiamarkets.com/swift-network-cuts-access-to-cryptocurrency/)

95
Otilla 2y ago

If that wasn't in the Terms and Conditions when the bank accounts were opened, then that is a valid case of a Class Action lawsuit against the banks.

Reply to this note

Please Login to reply.

Discussion

No replies yet.