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A comment on Apple is sued for telling you that you're “buying” movies. Parent comment

Re:Apple is sued for telling you that you're “buying” movies by nuka_coffee on Friday April 23, 2021 @08:07AM (#26913858)
This is already reality. Paypal shuts down inactive accounts. (And guess what they do with the positive balance.)
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Re:Apple is sued for telling you that you're “buying” movies by Kye on Friday April 23, 2021 @08:31AM (#26914021)
PayPal isn't a bank. They don't have the same obligations or protection. When a bank closes your account, they mail you a check with the balance, and that balance is insured up to $250,000. I don't know how it works in other countries, but they probably have something like the FDIC.
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Re:Apple is sued for telling you that you're “buying” movies by cblconfederate on Friday April 23, 2021 @09:10AM (#26914381)
It's a bank in the EU
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Re:Apple is sued for telling you that you're “buying” movies by Kye on Friday April 23, 2021 @11:08AM (#26915476)
Do they have the same reputation in the EU?
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Re:Apple is sued for telling you that you're “buying” movies by cblconfederate on Friday April 23, 2021 @01:41PM (#26917184)
well i havent had problems with them even if i held large amounts there, but my business with them was rather straightforward. Their KYC was reasonable
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Re:Apple is sued for telling you that you're “buying” movies by ThisWasTaken on Saturday April 24, 2021 @07:10AM (#26924022)
as an European, yes, I've never heard someone get the money back when their account was locked.
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Re:Apple is sued for telling you that you're “buying” movies by kwaskoff on Saturday April 24, 2021 @09:55AM (#26924852)
Russian banks need to do the same
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