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Updated over 4 years ago on . Most recent reply

User Stats

45
Posts
23
Votes
Coty Dolan
  • Investor
  • The Woodlands, TX
23
Votes |
45
Posts

Bank Account Frozen and Closed??

Coty Dolan
  • Investor
  • The Woodlands, TX
Posted

Hello BP Family,

This week my Bank of America Business account was frozen and then closed out of the blue. 

When I called into customer service they gave me a number to call. When I called there was just an automated message that said "your account has been closed, Bank of America Business Banking policies have changed and we no longer support this type of business. You may not challenge and the decision is final." 

When I called normal customer service they let me know my account has been closed and I will receive a check equal to the account balances in 7 - 10 days.

Has this ever happened to anyone else I am very confused and do not understand why it would be closed?

Thank you for all input. 

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