This looks a lot like what might happen due to a Suspicious Activity Report. [1] > This section ensures that national banks file a Suspicious Activity Report w

This looks a lot like what might happen due to a Suspicious Activity Report. [1] > This section ensures that national banks file a Suspicious Activity Report when they detect a known or suspected violation of Federal law or a suspicious transaction related to a money laundering activity or a violation of the Bank Secrecy Act. Note also this part [1]: > No national bank, and no director, officer, employee, or agent of a national bank, shall disclose a SAR or any information that would reveal the existence of a SAR. Any national bank, and any director, officer, employee, or agent of any national bank that is subpoenaed or otherwise requested to disclose a SAR, or any information that would reveal the existence of a SAR, shall decline to produce the SAR or such information, citing this section and 31 U.S.C. 5318(g)(2)(A)(i), and shall notify the following of any such request and the response thereto: [...] I don't know to what extent this applies to PayPal, but it seems to be happening more and more frequently that people are just essentially barred from having any kind of bank account because of some opaque reporting trigger ("could be money laundering"), during/after which no bank will probably want to do business with you. [2] Let me also leave you with something whose sheer existence should be horrifying given the above. [3] [1]: https://www.law.cornell.edu/cfr/text/12/21.11 https://www.law.cornell.edu/cfr/text/12/21.11 [2]: https://sperrinlaw.net/suspicious-activity-reports-would-you-know-what-to-do-if-your-bank-account-was-frozen/ https://sperrinlaw.net/suspicious-activity-reports-would-you... [3]: https://verafin.com/wp-content/uploads/2017/01/suspicious-activity-reporting-for-dummies-DE-Verafin.pdf https://verafin.com/wp-content/uploads/2017/01/suspicious-ac...