Sentences with phrase «closure of bank accounts»

The unexpected closure of bank accounts of bitcoin users and businesses led to local digital currency businesses terminating their services.

In a letter to staff leaked to local media, Oakbay head Nazeem Howa reportedly said: «The closure of our bank accounts has made it virtually impossible to continue to do business in South Africa.

Chilean Banks Put Cryptocurrency on Ice Cryptocurrency exchanges Buda, Orionx, and CryptoMarket have filed appeals to a Chilean appeals court following the unexpected closure of their bank accounts from Itau Corpbanca, Bank of Nova Scotia, and state - owned Banco del Estado de Chile.

A Small but Significant Victory Earlier this month, Bitcoinist reported that Chilean cryptocurrency exchanges Buda, Orionx, and CryptoMarket filed appeals to one of the country's appeals court following the unexpected closure of their bank accounts from Itau Corpbanca, Bank of Nova Scotia, and state - owned Banco del Estado de Chile.

«The closure of our bank account might be due to matters pertaining to anti-money laundering rules and know - your - customer requirements,»

Not exact matches

One final thing: The Consumer Financial Protection Bureau, an agency of the U.S. government, recommends you get confirmation of your account closure in writing.2 Banks can choose to reactivate closed accounts if you didn't properly change your automatic payments or deposits, so a paper trail could come in handy if you need to dispute any charges.

Bouncing Out of the Banking System: An Empirical Analysis of Involuntary Bank Account Closures.

[vii] An increase in the number of payday lending locations in a particular county is associated with an 11 percent increase of involuntary bank account closures, even after accounting for county per capita income, poverty rate, educational attainment, and a host of other variables.

An early closure fee applies with a Bank of America HELOC if you close your HELOC account within 36 months of opening it.

Bank of America HELOCs don't have any application fees, annual fees or closing costs.Footnote 3 An early closure fee applies with a Bank of America HELOC if you close your HELOC account within 36 months of opening it.

Discover Financial Services («Company») today announced that it has made cashback rewards program changes which will further simplify rewards access for customers by removing redemption thresholds for statement credits, charitable contributions and electronic deposits in bank accounts and forfeiture of rewards due to delinquency, inactivity or account closure.

Natalia is also currently acting in a high profile case against a UK national bank in a dispute concerning the attempted closure of several bank accounts.

The bank doesn't levy any charges on closure and opening of inoperative Basic Savings Bank Accobank doesn't levy any charges on closure and opening of inoperative Basic Savings Bank AccoBank Account.

Bitcoin exchange BUDA and Ethereum trading platform CryptoMKT have released a public statement requesting that the Association of Banks and Financial Institutions (ABIF) «makes its position transparent» and blaming unclear regulations for the sudden closure of both platforms» bank accounts last week.

Combined with multiple bank account closures and Paxum's decision to close all Bitcoin business accounts, we have deemed the best course of action is to halt trading and pursue licensing while raising funds.»

This business letter sample will be useful for writing business letters to banks or any such financial institutions requesting closure of the accounts you had been using of those institutions.

A bank clerk has to forward the details of the various transactions that take place in the bank on daily basis of receipts, withdrawal, credit transfer, account opening or closure etc..

Performed and processed all aspects of accounting functions including A / P, A / R, bank reconciliation, travel and incentive compensation approval / reimbursement, cash management and daily reconciliation, adjusting and accrual entries, monthly and yearly closure, monthly, yearly and ad hoc financial statements.