Why Banks Are Suddenly Closing Down Customer Accounts

Re:Why Banks Are Suddenly Closing Down Customer Accounts by nativeit on Monday November 06, 2023 @10:08AM (#38163601)

Providing the account != requiring its use

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Re:Why Banks Are Suddenly Closing Down Customer Accounts by phil21 on Monday November 06, 2023 @10:40AM (#38164016)

That's what folks said about credit and debit cards to the curmudgeony folks like me 30 years ago.

Now I can walk to a half dozen places that won't do business with you if you have neither.

It would likely be defacto required, just line SSN is today. Sure you can "opt-out" - but at severe expense to your life.

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Re:Why Banks Are Suddenly Closing Down Customer Accounts by MrDrMcCoy on Wednesday November 08, 2023 @02:07PM (#38195331)

Isn't it the law for a business in the US to accept legal tender?

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Re:Why Banks Are Suddenly Closing Down Customer Accounts by efreak on Thursday November 09, 2023 @11:53AM (#38207469)

There is no federal law that says all businesses must accept cash.

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