Comment by Fokamul
2 hours ago
Yes this is very bizarre.
But this is official story, contractors and employees who worked for Czech arms manufacturer got their personal! accounts disabled.
They had mortgages in these accounts and bank notify them to move mortgage elsewhere.
Reason given by bank, broken internal policy, we cannot disclose which. Goodbye.
https://militarnyi.com/en/news/czech-banks-discriminate-agai...
> Reason given by bank, broken internal policy, we cannot disclose which. Goodbye.
Wow this sucks. One thing I took from this comment (and the previous one), if you allow me to (badly) synthesize is: we might need less policy making and more policy enforcement.
>Reason given by bank, broken internal policy, we cannot disclose which. Ridiculous.
I'm sure what they did was illegal, the problem with such cases is that even if you take them to court and win, you'll still lose a lot of time, money and stress in the process of fighting a bank in court, while for the bank the lawsuit is just another small business expense.
Centrain industries and businesses tend to act above the law even if they know they're in the wrong simply because the punishments if they get caught are too lax.
That's why I'm a big fan of direct personal accountability. Like the person working at the bank who made the choice to close the accounts should go to jail. Because otherwise nefarious people simply hide behind the accountability shield of a large org where nobody is responsible for anything and accountability is always deflected.
Like big tech they may refuse service when they like to (which is crazy)