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Bank ASB (affil. Commonwlth Bank) BLOCKED deposit

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Hi this is a customer support related question/request.

My bank, zealous to prevent fraudulent deposits to scam traders (see https://brokercomplaintregistry.com/) decided that IG trading was a scam site.  At least for the purposes of making deposits to my trading account.   I complained about this, they merely provided me with a disclaimer form (the kind of form you sign if you are stupid enough to _want_ to trade using scammers).   Ok, so hopefully that enables _me_ to deposit to IG trading.  But what about everyone else who uses ASB bank?   

ASB have effectively labeled you a scam site.  Can someone employed by IG trading please look into this and take corrective action along with/against ASB bank (Commonwealth Bank of Australia) to make sure this doesn't happen again?

Thanks

Edited by robbieburns

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6 hours ago, robbieburns said:

ASB have effectively labeled you a scam site.  Can someone employed by IG trading please look into this and take corrective action along with/against ASB bank (Commonwealth Bank of Australia) to make sure this doesn't happen again?

This has suddenly become a very big problem for all brokers and started cropping up in the news just a few weeks ago, it's being caused by Payment Service Providers and the future of card use for money transfers looks bleak.

https://www.financemagnates.com/thought-leadership/global-crackdown-on-fx-continues-psps-freezing-transfers/

https://www.financemagnates.com/thought-leadership/fx-industry-officials-on-psps-freeze-we-are-losing-millions-of-dollars/

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On 13/07/2019 at 18:44, Caseynotes said:

This has suddenly become a very big problem for all brokers and started cropping up in the news just a few weeks ago, it's being caused by Payment Service Providers and the future of card use for money transfers looks bleak.

https://www.financemagnates.com/thought-leadership/global-crackdown-on-fx-continues-psps-freezing-transfers/

https://www.financemagnates.com/thought-leadership/fx-industry-officials-on-psps-freeze-we-are-losing-millions-of-dollars/

This is very disturbing... thanks for the links.

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Guest Homer Enronride

I suppose traders living in EU and using IG Europe would not be affected by this?

At least not bank Transfers?

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