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A change of address led to our Wise accounts being shut down

(shaun.nz)
325 points jemmyw | 1 comments | 30 Oct 25 22:41 UTC | HN request time: 0s | source
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fooey ◴[31 Oct 25 01:06 UTC] No.45767286[source]▶
Today, in people who discover things that aren't banks don't act like banks

Tomorrow we'll have a double header featuring people who discover things that aren't hotels don't act like hotels and things that aren't taxis don't act like taxis.

If your business relies on the less-regulated "alternative" you're going to get burned eventually.

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hshdhdhehd ◴[31 Oct 25 01:53 UTC] No.45767525[source]▶
Banks famously never have issues like this.
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devnonymous ◴[31 Oct 25 05:14 UTC] No.45768651[source]▶
In most (all ?) countries banks are regulated and customers have recourse to some sort of banking ombudsman for this sort of thing.
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1. disgruntledphd2 ◴[31 Oct 25 11:15 UTC] No.45770746[source]▶
Not if it's AML stuff. In those cases neither the banks or regulators are your friends.