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A comment on Why Banks Are Suddenly Closing Down Customer Accounts. Parent comment

Re:Why Banks Are Suddenly Closing Down Customer Accounts by csomar on Sunday November 05, 2023 @07:57PM (#38157541)
2023 is very different to 2012. I remember back in the day you can open a paypal account with only an email and receive/send money with it. No kyc required.
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Re:Why Banks Are Suddenly Closing Down Customer Accounts by jryle70 on Sunday November 05, 2023 @08:05PM (#38157592)
I traveled to SEA extensively in 2022 and 2023. Never had any problems with using ATM to withdraw money. The only problem was with using Amex card.
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Re:Why Banks Are Suddenly Closing Down Customer Accounts by JCharante on Sunday November 05, 2023 @10:14PM (#38158388)
Problem because it's not supported or problem due to fraud prevention by amex? I've travelled a lot and never had issues with amex or chase (once I used my chase credit card for the first time in over a year on the opposite side of the world and the transaction was instantly approved).
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Re:Why Banks Are Suddenly Closing Down Customer Accounts by csomar on Sunday November 05, 2023 @10:32PM (#38158520)
It depends on the bank, your profile, your visa/mastercard credit card type, the volume you are doing with the bank, etc…

Amex are less accepted because they have a higher processing fee.

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