Bitcoin start-up calls out Commonwealth Bank on accounts suspended without warning or explanation

“He says the only reason supplied by the bank was a ‘commercial decision to terminate the client/banker relationship’. He says he understood the bank’s need to maintain security. ‘Like everyone else, I’m fully dependent on basic financial services to meet my daily needs. I need to survive in a society that’s trending towards cashless, and I also need to somehow accumulate wealth to build my dreams. To CBA, I’m nothing more than a rounding error in their $7.6 billion full-year profit, yet a piece of paper from (CBA’s) Group Security Financial Crime Services can shut off a dream in an instant.'”

http://www.startupsmart.com.au/financing-a-business/coinjar-hits-out-at-commonwealth-bank-for-lack-of-communication-on-account-suspension/2013081610493.html

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