Personal bank account both current and savings
After having a relationship of 20 years with the bank I was asked to go elsewhere just because I was linked to the diamond trade. I was given 2 months to look for an alternative bank.
I was a client of KBC since over 2 decades.
Both me and my husbands are employees and all our savings were with the KBC banks since 2 decades
Over the years through saving, investing and gifts from our parents we built up a small capital
In May 2019 I started my own sole proprietor company as a sole proprietor diamond dealer
In total I had USD 335.000 lying in my bank account
I withdrew a part as capital and transferred it to my sole proprietor company as capital.
As you are aware no bank will open a diamond trading account so I opened an account with Ebury which is a diamond trading platform after KBC refused to open the account for me.
I submitted proof that this is my own account to the KBC and that I would use it any diamond related transactions.
Just because I moved money from myself to myself a few times they decided to lose my account.
Each time the bank obtained from me my Ebury statements to which technically they have no right.
The money in KBC never exceeded what I had in my KBC account to start with and it was just my original capital which I prefer to keep in KBC than with Ebury because Ebury is just a platform.
Either way in February 2020 the bank told me that I needed to shut my account by 30.04.2020 as it was flagged by compliance.
The bank even refused to transfer money from them to the new bank I opened my account with and said I had to transfer all my money back to Ebury
I had a ridiculous amount of costs due to this which also they did not refund wanted to transfer my USD to this account and the bank has refused stating the money has to go back to the account it came from.
Compliance was the only shield they used and they stated as per law they did not need to give any reason.
No I was not given this option
As I stated above I have to use the online platform of EBURY because no Belgian bank is willing to open an account for me.
Sole Proprietory Diamond Dealer