Free: Contests & Raffles.
Bank of America Freezes Gun Manufacturer's Account, Company Owner ClaimsBy Gregory Gwyn-Williams, Jr.January 7, 2013Bank of America has reportedly frozen the account of gun manufacturer American Spirit Arms, according to its owner, Joe Sirochman.In a Facebook post dated December 29, Sirochman wrote the following:“My name is Joe Sirochman owner of American Spirit Arms...our Web site orders have jumped 500 percent causing our Web site e-commerce processing larger deposits to Bank of America. So they decided to hold the deposits for further review.“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.’”(emphasis added)Sirochman also wrote that he told the bank manager that “they have no right to make up their own new rules and regs” and that “[American Spirit is a] firearms manufacturer with all the proper licensing.”He also noted that he has been doing business with Bank of America for over 10 years, but will now be looking for a new bank.According to Unlawful News, this isn't the first time Bank of America has targeted a customer involved in the firearms industry.McMillan Group International was reportedly told that its business was no longer welcome after the company started manufacturing firearms – even after 12 years of doing business with the bank.
I would not use that bank if it was the last one left on earth....
Go to a credit union
I would be willing to bet there's more to this story than the one side being presented.For example, BofA is the issuer for Bass Pro Shops credit card. Doesn't sound like something they would do if they don't think companies should sell guns and parts on the Internet.
Quote from: TheHunt on January 07, 2013, 07:20:27 PMGo to a credit union X100
Guess what? I just tried to purchase a 22lr handgun online from 3 locally reputable retailers using my BoA credit card that has 0 balance and I was declined by the payment gateway each time. I used the correct billing info on file with BoA and I even tried to buy on multiple days at different times of day. All guns were in stock and not on backorder. I finally purchased my gun with a Chase card and no problems. I called BoA and of course they couldn't find anything wrong with my account and they said they had no evidence of me trying to purchase anything. Come to find out after speaking with several sales people working for the online gun retailers and they told me in a round about manner that the payment gateways are to blame and they label online firearm sales as "high risk" and BoA declines all high risk sales. When I asked what "high risk" means, the sales clerk laughingly remarked that it has something to do with anti 2nd amendment agenda and declined further comment. I hate to be a conspiracy guy, but it seems to me that BoA does not want to allow USA citizens their right to legally buy firearms online and pickup from a licensed shop owner. The left will allow legal pot and illegal immigration, but no, I can't pay for my 22lr pistol online with BoA card!
