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All banks follow the same regulations or they will be penalised. It really isn't your money if it's in the bank.

No for sure, but that doesn't change the fact that people implement rules in nuanced ways... And in this case he mentions being called a "liar". Maybe the next bank wouldn't be so exacting and punitive and petty.

Plus by closing the account he gets access to 100% of it immediately.

I mean, by all means exit to Bitcoin, but dude might be a no coiner. Trying to think of a solution within the system.

Closing the account would have been a better approach. Would they not have been forced to give him his cash?

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Discussion

Sovereign Being 9mo ago

I don't know for sure, but I imagine they have made provisions for that. For example, they may be able to transfer it to another bank, but not as cash.

Expatriotic 9mo ago

I thought of that.

If true, that'd be insane...

What if you just say, yeah I'm not going to use another bank. Gonna put it in my mattress?

I mean it's crazy that we're even having to have this conversation...

UK is a joke