Why would a bank close ur bank account?

Question

Why would a bank close ur bank account?

Answer 1

If there is a small amount in the account with no activity over a period of time, banks will close an account.  I had two banks close accounts on me!

Answer 2

frequent overdraft.  frequent bouncing of checks.  Too high of a risk due to no or low average balances.  Also, as privately owned institutions, if your rude or belligerant to bank employees, they have the right to close your account too.  Never scream, cuss, or swear at a bank teller or cause a scene other patrons observe !! As soon as you walk out the door, believe me, the closure paperwork is in the "process."

Answer 3

If you're overdrawn for a long period of time

Answer 4

If you were in overdraft and stayed there for a while.  Also if there was something fishy going on with your account.  Like if they thought you were a victim of identity theft etc.

Answer 5

A Bank might close an account:

-If you were in overdraft

-If there is a small amount in the account

-If there was no activity over a long period of time

-If money laundering is suspected

-If any illegal activity is suspected

Answer 6

no money in account

Answer 7

OVERDRAWN..................OR SOMEONE ELSE CLOSED IT

Answer 8

If your laundering money for terroists.