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A comment on Wells Fargo suddenly closed my bank account because of an “executive decision”. Parent comment

Re:Wells Fargo suddenly closed my bank account because of an... by salawat on Wednesday November 16, 2022 @10:22PM (#33634535)
This is part of KYC, and a cornerstone of the Anti-Money Laundering apparatus. No legal financial institution/money transmitter will do business with someone without a permanent residence.

The houseless are basically DoA in terms of being serviced by the financial system at large.

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