A really heavy situation is the one that is emerging in relation to the accounts of some Italian current account holders.
Their anger erupts on internet where they say that their accounts were closed without warning and “for no reason”. Their frustration is a lot and there is to understand them but let’s see together what is happening.
Sudden closure of a bank account without warning it is truly something impressive for an account holder and it exposes it has limits and also to really strong risks.
What happened
In practice, it is a question of no longer being able to access one’s savings but also of failing to make wire transfers, payments, etc.. This panic situation is the one in which the account holders of a popular bank operating in Italy have found themselves.
Incidentally, it is one of those banks that have been growing lately because they seemed more and more popular. The anger of these users on the internet was not long in coming: in posts on Facebook and other social networks they told about their paradoxical and disturbing situation. But how could such a thing happen? According to initial reconstructions, the bank in question would be the bank N26. In fact, the N26 bank would have closed a series of current accounts of its current account holders.
Anger and frustration
The most paradoxical thing is that what you read on the internet there was no warning but simply the account holder was informed that his account had been closed with a generic and vague email. At this point we try to understand what happened. According to the first reconstructions, a plausible hypothesis may be that the bank it had already been alerted by the Bank of Italy for some shortcomings relating to anti-money laundering legislation. Indeed, the Bank of Italy had apparently prohibited bank n26 from acquiring new customers starting from March.
What can happen to account holders
Probably this online bank to avoid further communications from the Bank of Italy he preferred an excess of zeal and opted to close those accounts that risked being in the crosshairs of the bank of Italy. However, this is only a hypothesis. What is certain is that if these news were to be confirmed for bank n26 it would be a big damage to image, but certainly the greatest hope is that account holders can get back their money and their operations in the fastest way possible. Users now wonder if other banks can do something like this too. Obviously, fear in such a case is legitimate but at present there are no situations of this kind.
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