A truly unfortunate and worrying situation that involved some Italian current account holders.
The reports flood the internet and the anger of the users is really great.
Both on Facebook and on other social networks anger and frustration at a sudden closure of a current account without reason and without explanation are strongly perceived by users’ communications. Let’s try to understand what is happening.
The anger of incredulous account holders
Some account holders Italians reported on the internet that their current accounts were closed without notice and without a valid reason according to them by one bank in particular. A disturbing situation clearly what these account holders are experiencing.
The complaints are rightfully so very heartfelt. They can’t access their savings, they can’t make wire transfers and deposits, and they can’t do practically anything with their fully blocked accounts. A very hard situation that is causing a real crawl space on the internet. The bank in question had actually already received attention from the Bank of Italy. Let’s try to reconstruct the facts. In March the bank of Italy had communicated to the bank n26 a popular online bank that it has encountered critical issues regarding compliance with anti-money laundering legislation.
The Bank of Italy had already moved
Basically bank n26 was found to be inadequate as regards compliance with current legislation in Italy for combating money laundering dirty money. Precisely for this reason, always in March, the n26 bank was forbidden to acquire new ones customers. But today comes this sensational and unexpected news of the closing of the accounts. For users it is a terrible blow also because of the bank’s explanations it is not possible to understand clearly what are the reasons behind these closing of accounts.
Anger and frustration of account holders
Bank n26 defends itself by saying that was forced by compliance with current regulations but account holders are very bewildered and confused. On the internet, there is clearly a great deal of concern and many are wondering if something like this could happen to other banks as well. It does not appear in any way at present that other institutes can make a decision of this kind. In any case, of course, the hope remains that this situation, which is so painful for n26 bank customers, can be resolved as soon as possible. This kind of banks completely online are catching on more and more, but such news will surely create some perplexity more around these realities.
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