The whole banned via banking thing is scary. A local business in my area was flagged as some sort of illicit operation. There was almost no way to know it even happened outside being unable to take payment ... that was it.
No notice, no reason why, no recourse for them. They had google for their life for weeks talking to people online who it happened to and make dozens upon dozens of phone calls and explain the whole saga every time. Tons of false leads and promises for folks to call them back who never did.
They eventually found that it was some old bank they were in good standing with who after weeks of not responding, still couldn't explain why, but they said they apparently flagged them. It was undone after about 12 weeks and ultimately only because someone at this random bank took the initiative to lift the flag, but they didn't have to.
The process is completely opaque and you effectively have no rights to know or resolve anything.
No notice, no reason why, no recourse for them. They had google for their life for weeks talking to people online who it happened to and make dozens upon dozens of phone calls and explain the whole saga every time. Tons of false leads and promises for folks to call them back who never did.
They eventually found that it was some old bank they were in good standing with who after weeks of not responding, still couldn't explain why, but they said they apparently flagged them. It was undone after about 12 weeks and ultimately only because someone at this random bank took the initiative to lift the flag, but they didn't have to.
The process is completely opaque and you effectively have no rights to know or resolve anything.