Billion-Dollar Bank Says It May Freeze, Terminate Accounts Sending 'Unacceptable' Transactions – Here's What It Means - The Daily Hodl
> One of the largest banks in Australia says it may freeze and terminate customer accounts that engage in certain types of “unacceptable account conduct.” National Australia Bank says a new policy launching in November... #banksters
@Decentralize Banks in #Nationwide UK do this already.
Froze my longstanding a/c for a £200 purchase through an app. When told it was ok they wouldn't unfreeze the account without invasive history I refused. Switched banks.
Got compensation but the hassle and worry they caused was way beyond that, all over a £200 purchase which was entirely legit.
A few months later I can't access my new account because the app no longer works on my phone, although the new Bank's website says it should.