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> This is an inferior model in every single definition of the word. yeah, try to convince a highstreet bank to return you your money when it thinks otherwise [
by ghostwriter 5y ago
> This is an inferior model in every single definition of the word.
yeah, try to convince a highstreet bank to return you your money when it thinks otherwise [1] [2] [3]
[1] https://www.reddit.com/r/UKPersonalFinance/comments/aqxz5n/hsbc_has_frozen_our_bank_accounts_leaving_me_my/ https://www.reddit.com/r/UKPersonalFinance/comments/aqxz5n/h...
[2] https://www.reddit.com/r/UKPersonalFinance/comments/l4tps5/hsbc_closed_my_account_and_i_will_be_in_trouble/ https://www.reddit.com/r/UKPersonalFinance/comments/l4tps5/h...
[3] https://www.reddit.com/r/UKPersonalFinance/comments/cbpxit/hsbc_blocked_account_due_to_fraud_but_unsure_what/ https://www.reddit.com/r/UKPersonalFinance/comments/cbpxit/h...
- wutwut5521 5y agoEver try to convince an exchange or hosted wallet to give you back your money when it thinks otherwise?
- ghostwriter 5y agothe good news is that I don't need to rely on third-parties to securely host and manage my wallets. It still is an option, but not a hard requirement to access global financial transactions.
- rchaud 5y agoThese are all HSBC-UK related, indicating some kind of issue with that particular bank.
- ghostwriter 5y agoI was just lazy to dig up more, it happens with every highstreet bank in every country. And it happens more often with online platforms such as PayPal, Stripe, Square and alike, especially if they discover your unfortunate (according to the ever-growing US sanctions list) geographic location at any point in your life.