Hacker News Reader

Bank of America closed down my business checking accounts last week, right before I went away on holiday. No access to ATM, no way to deposit or make payments.

When I tried to find out the reason why, they literally said "we don't have to provide a reason". Keep in mind I've had these checking accounts for 15 years.

So yeah, Fuck Bank of America!

View on HN

They did pretty much exactly the same here with our corporate account on the 24th. Had to spend 6 hours(!) Monday to get it unfrozen and don't actually know if it worked yet...

They did the same to our account, and informed us that they had sent an account shutdown warning notice to an address with no zip code.

Then they reminded us that they do not have have to provide a reason, a month after they sent the letter, and of course after we called them.

Sometimes they can't provide a reason, if it was taken down because of the PATRIOT act. But it's BofA, so instead of giving them the benefit of the doubt I'll assume they're just being evil.

How often does this happen...?

Reply on news.ycombinator.com