I've set up an account with Binance.us and have created an ACH transfer to my bank account so I can deposit funds into Binance to purchase e-coins. However, every time I've tried a transfer it's failed. I thought maybe it was the account I was trying to transfer from, so I deleted the first one and created a new one that went to our checking account. Same thing, failed transfer. The error is telling me:
Quote:
Your bank log in details seem to have changed. Please reconnect your bank's login credentials under the payment methods page.
I've changed the payment method 3x using two different accounts and still no joy. I suspect this might be because I have 2FA turned on for access to my account, but Binance didn't seem to have any trouble with that, it sent me an SMS message with a code for it to gain access to the accounts in the first place. I've also tried to use the new account connections very quickly after they're made, but that shouldn't matter unless they need to percolate through the system for a while? Otherwise and electronic transfer is an electronic transfer, right?
I've set up an account with Binance.us and have created an ACH transfer to my bank account so I can deposit funds into Binance to purchase e-coins. However, every time I've tried a transfer it's failed. I thought maybe it was the account I was trying to transfer from, so I deleted the first one and created a new one that went to our checking account. Same thing, failed transfer. The error is telling me:
Quote:
Your bank log in details seem to have changed. Please reconnect your bank's login credentials under the payment methods page.
I've changed the payment method 3x using two different accounts and still no joy. I suspect this might be because I have 2FA turned on for access to my account, but Binance didn't seem to have any trouble with that, it sent me an SMS message with a code for it to gain access to the accounts in the first place. I've also tried to use the new account connections very quickly after they're made, but that shouldn't matter unless they need to percolate through the system for a while? Otherwise and electronic transfer is an electronic transfer, right?
Anyone experience this or have suggestions?
I have no idea but offer a cautionary note.
Never link to your primary banking account!
Back in the day when I used PayPal they locked my bank account. To prevent such issues I setup another bank account at a completely different bank (let's call it "dummy").
I fund dummy through my primary account. Dummy is then linked to perform various transactions. Anything goes sideways and it's only dummy that gets dinged and my primary accounts are isolated and shielded from shenanigans.
Saved me quite a few headaches over the years.
_________________ “The Democrats are playing you for a political chump and if you vote for them, not only are you a chump, you are a traitor to your race.”-Malcolm X
I've set up an account with Binance.us and have created an ACH transfer to my bank account so I can deposit funds into Binance to purchase e-coins. However, every time I've tried a transfer it's failed. I thought maybe it was the account I was trying to transfer from, so I deleted the first one and created a new one that went to our checking account. Same thing, failed transfer. The error is telling me:
Quote:
Your bank log in details seem to have changed. Please reconnect your bank's login credentials under the payment methods page.
I've changed the payment method 3x using two different accounts and still no joy. I suspect this might be because I have 2FA turned on for access to my account, but Binance didn't seem to have any trouble with that, it sent me an SMS message with a code for it to gain access to the accounts in the first place. I've also tried to use the new account connections very quickly after they're made, but that shouldn't matter unless they need to percolate through the system for a while? Otherwise and electronic transfer is an electronic transfer, right?
Anyone experience this or have suggestions?
I have no idea but offer a cautionary note.
Never link to your primary banking account!
Back in the day when I used PayPal they locked my bank account. To prevent such issues I setup another bank account at a completely different bank (let's call it "dummy").
I fund dummy through my primary account. Dummy is then linked to perform various transactions. Anything goes sideways and it's only dummy that gets dinged and my primary accounts are isolated and shielded from shenanigans.
Saved me quite a few headaches over the years.
This is good advice. I do the same thing.
Mon Feb 15, 2021 1:00 pm
Pablo
Site Supporter
Location: Everson, WA Joined: Sun Jan 6, 2013 Posts: 28178
Real Name: Ace Winky
I'm following CCIV (Lucid Motors) and bought in some when it dipped after the initial SPAC spike. It is a long term thing for me. I wouldn't mind buying one of their new cars after they are up and going, but they are pretty high end. Time will tell.
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