Category: NatWest

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NatWest Bank Imposes Monthly Crypto Exchange Payment Limit of $6K, Citing Fraud Concerns – Here’s the Latest

Consumer-focused UK bank NatWest is putting a limit on the amount of money customers can transfer to cryptocurrency exchanges in a move that shows deteriorating relationships between digital asset firms and financial institutions.  Users of the bank will be limited to payments of 1,000 British pounds ($1,218) per day and 5,000 British pounds ($6,090) over…
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Another UK bank serves anti-crypto notice to customers

U.K. commercial bank NatWest says it does not want to do business with clients and customers who deal in crypto. Corporate clients of NatWest may soon lose their banking relationship with the United Kingdom-based lender amid recent negative cryptocurrency-related policy statements. According to a report by The Guardian, Morten Friis, the head of the bank’s…
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