Sorry, this thread is about the much more boring kind of "banking."
Seems most US banks don’t want to have anything to do with customers who deal with adult companies. If you are doing big enough volume it becomes difficult to fly under the radar.
Has anyone found any banks who are ok dealing with adult businesses? I am also looking into Payoneer as a potential solution and wondering if anyone would be willing to share their knowledge/experiences with them.
I’m not aware of any particularly good options personally – seems to be a tough time for adult and financials right now.
Have you tried asking on some of the other adult webmaster forums? There’s bound to be a solution out there.
How about setting up a company that ‘manages’ the billing for this adult site? Think of a name like ‘Incredible Media Payment Solution Enterprises’ to handling ‘website service subscriptions’ ?
I don’t see why you can’t front as an online advertising agency? They don’t need to know what niche you promote.
Unless you use BBC Network… but could be Big Beautiful Content Network too !
I don’t understand what you mean. Do you mean as an affiliate promoting adult offers? Or do you mean starting your own adult site and getting a processor?
If it’s the first, I don’t see how your bank can tell what you do to earn your aff money. If it’s the second, take a look at CCBill.
Your bank doesn’t need to know your running an adult affiliate campaign, they wouldn’t have any idea what it is? Especially if your being paid by a mainstream affiliate network..
Sorry for the confusion. I am talking about running adult offers as an affiliate. There are two issues.
1. Sending bank wires to adult traffic sources that don’t allow or limit the amount you can send through Paypal.
2. Receiving payments direct from advertisers. If you are working only through networks you can avoid this second issue.
Sending and receiving large wires (especially internationally) seems to be a red flag, and banks risk departments start looking into what you are doing. For some reason they US banks don’t want adult related transactions even though they are 100% above board.
1. Adult sources usually have some generic bank name.
2. Same goes with advertisers. They don’t usually use their adult names for banking reasons.
Why not get an offshore bank account if it really is a serious problem?
Somehow the banks seem to figure it out. I guess they do their research because of money laundering concerns. I will look into offshore. Wasn’t sure how easy that is for a US citizen.
Somehow the banks seem to figure it out.
Damn thats some snoopy banks, you must be doing some decent numbers to have a bank intrigued in what you’re doing lol
Hmm that’s really weird man.
I have been doing adult for a long time and never had any bank question it.
Also most traffic sources have generic names and they don’t do adult only ( manwin , exo etc ).
If you can’t find a bank in the US just use an offshore bank , that’s 100% legit as long as you pay tax in the US.
I would ask on GFY. They 100% have info on US banks to deal with that accept adult revenue.
This is impossible for US Citizen. Surrender Citizenship and move to other country.
What state do you live in?
What bank are you using?