HSBC UK implementing cryptocurrency payment limits, alternative bank recommendations?

“We’ve noticed a rise in the number of customers falling victim to fraud. That’s why, to help keep your money safe, we're introducing cryptocurrency payment limits from August.

The Financial Conduct Authority has also warned about the risks of investing in crypto assets. The value of crypto assets can change very quickly, all funds invested are at risk so you could lose everything. Crypto assets are unregulated so if something goes wrong, money held in crypto wallets is not protected by the Financial Ombudsman Service and Financial Services Compensation Scheme. Our new payment limits From August 2023, we’re limiting the value of payments you can send to cryptocurrency exchanges using:

your debit card our digital banking services (Online & Mobile Banking) our branch & contact centres We will apply the following limits:

• Payments – £2,500 for a single payment and a total payment limit of £10,000 in any rolling 30-day period • Debit cards – £2,500 for a single card payment and a total card payment limit of £10,000 in any rolling 30-day period

These limits are applied per customer with transaction values monitored over a 30-day rolling period. You can still receive payments from cryptocurrency exchanges into your account.”

Does anyone know of any banks in the UK which are not applying these limits, and are reliable and dependable from their own firsthand experience?