BofA: We believe you should not be selling guns and parts on the internet

Story: ironicsurrealism.com

I won't bore anybody with the nonsense that has been repeated on the topic of guns, but I want to draw everyone's attention to the actions of Bank of America because honestly this needs to be heard. They have NO business dictating how someone who is within the letter of the law should be running their business even in these emotionally charged times after the recent tragedies, their actions in this case border on theft. BofA needs to be brought to task for attempting to quash a legally operated business simply because they don't agree with the business, I'm sure there are plenty of shady companies (see: pornography) who aren't being muscled around by banks so there is no reason why this company should have to put up with unveiled attempts to disrupt their cashflow in an economy where everyone is struggling just because they are the current whipping boy.

I don't care what side of the fence you stand on in regards to firearms when banks are allowed to exert this level of control over businesses and not feel direct and immediate backlash it sets a terrifying precedent that will surely come back to haunt us down the road when the current fervor over firearms has been relegated to the archives at the local library.

I absolutely agree - BoA is not a lawmaking entity and have absolutely no right to dictate morality.

Think about it, one of the biggest banks in the country, a bank that throws families out of their homes daily trying to take a moral stance. If it wasn't so disturbing it would almost be funny.

After countless hours on the phone with BANK OF AMERICA I finally got a Manager in the right department that told me the reason that the deposits were on hold for FURTHER REVIEW …

HER EXACT WORDS WERE …
..” WE BELIEVE YOU SHOULD NOT BE SELLING GUNS and PARTS ON THE INTERNET “

Ridiculous.


I guess the moral of the story is that you should be sure your personal conduct, even if lawful, lines up with BoA's, otherwise they might freeze your bank account.

They will be lucky if all of their funds are ever released. Heard a lot of horror stories about things like this, and funds not being released. IIRC, wasn't Paypal doing the same thing? Not sure of the circumstances of why, but I do know there are a lot of stories going around. You can google it.


They expect most people to walk away after accounts actually get closed, and then they refuse to tell why. No way to do business, but it costs more to sue them than it's worth in the end, so that's exactly what ends up happening.

Just in my opinion, of course.

BofA needs to be brought to task for a LOT of things. I have personal dealings with them since they service my mortgage (Fannie Mae owned). I will never use them for ANYTHING in the future.

I think they are as much a gear in the wall street theft machinery as any of them.

reply to post by Helig


BOA talking about morality and rights? Please..................

I would look to see how they gain from such a stance as they have no other motive...other than the welfare of all its wonderful customers

reply to post by Helig


Sounds like someone has valid grounds for a lawsuit.
Maybe they should seek out a lawyer.

BofA will end up losing some business over this. I checked out American Spirit Arms FB page and web site, quite a few people are closing their BofA accounts. It might not make too much of a difference in the long run since BofA is on of the banks that were bailed out because they were "too big to fail". Lets hope some nice local credit union gets American Spirit Arm's business.

Originally posted by RedmoonMWC
Sounds like someone has valid grounds for a lawsuit.

Possibly not. Read the fine print.

Every credit card merchant bank has a long TOS with a great deal of restrictions and requirements that few people read. Having set up e-commerce accounts for clients in the past, I know this. And, in the past I have seen at least two merchants who do not allow online transitions for guns, ammunition, and gun accessories. Just about all of the merchants that hook into mobile processing, Square being on, have just those types of restrictions (and more).

Not saying BofA is right, but they may not be wrong either.

Originally posted by SkepticOverlord

Originally posted by RedmoonMWC
Sounds like someone has valid grounds for a lawsuit.

Possibly not. Read the fine print.

Every credit card merchant bank has a long TOS with a great deal of restrictions and requirements that few people read. Having set up e-commerce accounts for clients in the past, I know this. And, in the past I have seen at least two merchants who do not allow online transitions for guns, ammunition, and gun accessories. Just about all of the merchants that hook into mobile processing, Square being on, have just those types of restrictions (and more).

Not saying BofA is right, but they may not be wrong either.

But why all of a sudden? It looks like ASA has been around for a while?

Yeah...like they need another reason to potentially lose more customers by putting their nose in this topic..

Everyone has an opinion.

I would be very surprised if BofA would still be around today -- if there were no indefinite ongoing banker bailouts.

I closed my account there about 2 years ago because they would not take my side on a payment dispute... So I lost out on a little bit of money, and they lost me and other family members as their clients.

This is not the first time BofA had problems, as I remember droves of people going to close their BofA accounts awhile back.

Even if BofA is bankrupt financially (and it probably is), it would take some government regulatory agency to force this discovery.. And we all know how efficient certain regulatory agencies are, or maybe they were the first to get the budget cut axe,

No one is selling gun on the internet except air rifles.

air guns are not firearms and not restricted in most places in the US.

yes there is a lot of gun advertisement done on the internet. but no direct sales.

All guns that are being advertised on the internet have to go through a FFL dealer and have a background check done.

parts are not guns and harmless.
they can do nothing to hurt you unless they are fitted on guns.

Originally posted by SkepticOverlord

Originally posted by RedmoonMWC
Sounds like someone has valid grounds for a lawsuit.

Possibly not. Read the fine print.

Every credit card merchant bank has a long TOS with a great deal of restrictions and requirements that few people read. Having set up e-commerce accounts for clients in the past, I know this. And, in the past I have seen at least two merchants who do not allow online transitions for guns, ammunition, and gun accessories. Just about all of the merchants that hook into mobile processing, Square being on, have just those types of restrictions (and more).

Not saying BofA is right, but they may not be wrong either.

Unfortunately, you are probably right.

In my situation I signed up with an online company to rent a server (linux) for many reasons, including fun =)

I went to the hosting company website, put in my name and address etc., and paid using my BofA debit card. When I decided to move to the middle of nowhere, I tried to cancel my monthly server subscription with the company. The company came back to me and said I needed to provide a photo ID to complete the shutdown process, and I refused to send my ID to prove who I was, when they have never seen my ID before.

Long story short, I called BofA to block all payments going to the server hosting company. Months later I find out that the company has been changing the cost of the subscription to get around the payment block that BofA supposedly setup.

Long story short... The bank would not stand on my side about the dispute, and said I agreed to the terms of the server company so they would not help. I settled with the hosting company to pay 3 months rent, and then canceled my BofA account.

I think this thread could evolve into why would people even use BofA, and/or to list the credit card merchants to avoid using as well.

reply to post by Helig


this is just one of many, many reasons

that corporations being declared to have the

same rights a living human is wrong..

seriously wrong.

how can any of us compete with the back door

deals BoA can, and will make?

this country is in dire straights.

reply to post by Helig



Wait, wait, wait... The same bank of america that was caught laundering money for Mexican drug cartels

Thanks bank of america for your thoughts... Here is a thought from me, maybe you shouldn't steal from people...

I left bank of america long ago leaving them with a nice negative account of about $200... a few years later I opened 2 more accounts to purposely leave those negative as well.. So thanks for the free money bank of america, not that it actually cost you anything in the first place

This weekend im going to use my BofA card to buy the Remington 700 i have been wanting. Then i will use it to buy a replacement stock, pistol grip and scope.

Don't you find it interesting that Bank of America's logo prior to the buyout by NationsBank in 1998 was a B and an A. NationsBank was just the words NationBank one in blue and one in red. Rather harmless in occult terms.

Now we have the patterned quilt of three elevens. 3-3-3 or 3*2 lines = 666. In their corporate lobby they have those creepy murals (vigilantcitizen.com...)

2005 - merges with MBNA for 35 billion
2006 - merges with FleetBoston
2006 - buys Banco Itau
2007 - merges with ABN Amro and Barclays
2007 - tries to buy LaSalle Bank
2009 - gets $45 billion from Federal Reserve
2009 - US govt guarantees $118 billion in 'toxic' assets
2009 - US govt sells Merrill Lynch to BoA over a weekend backroom deal

What do we expect from banks who are now "Proven 100%" criminals. Of course they dont want guns out there, someone may rightfully seek justice