Quote from: Hopeful2017 on February 16, 2018, 10:42:00 PM

Quote from: g2com on November 30, 2016, 02:50:28 AM

My bank closed my account last year for no reason, and all money in my account was gone. I argued with the bank, even contacted the local government, no use. My bank just stated that "Pursuant to the CMA Disclosure and Agreement, 'THE BANK, at its discretion, may elect not to accept an account, terminate the account agreement and the account agreements of any related parties'. Both parties to the agreements have the right to end the relationship at any time and neither is obliged to provide a basis for such a decision to terminate". No single word explaing the termination was given to me. I contacted all banking lawyers online, and they were all representing the bank, not the customers. The money I lost can buy a new Mercedes. However, banks around the world now are too powerful. They are too big to fail. When you open an account in the United States, and probably also many other countries, you voluntarily give up the rights to sue the bank under their arbitrage clause. Even worse, they define the financial laws and enforce them. They can close your account, freeze and steal your property and evict you from your house. The more money you deposit into your bank account, the more you are helping the evil. I'm glad to see Bitcoin is changing all of these. Let banks die!

There maybe something wrong that you did or you violated something on their policy that is why they closed your accounts. Not all banks are evil and doing that, most of the banks are also good and faithful. Banks are necessary in our country because they regulate the flow of money and responsible for balance and checking.

The banking system managed by the government, if the banks closed your account without any worthy reason, you can file a lawsuit against them and demand fair compensation for your property. You are not a child, you can use your proof to prove their decision are wrong! Roll Eyes

CowboyKiller

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