Can a bank close your account for inactivity in the context of cryptocurrency trading?

3 answers

• Quoc PhanMay 11, 2021 · 5 years ago
  Yes, it is possible for a bank to close your account for inactivity in the context of cryptocurrency trading. Banks have the right to close accounts that show no activity for an extended period of time to minimize risk and comply with regulations. It is important to regularly use your account or communicate with your bank to avoid account closure.
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• Amir SakrMay 05, 2025 · 6 months ago
  Absolutely! Banks can close your account if there is no activity in the context of cryptocurrency trading. They have the authority to do so to protect themselves from potential risks associated with cryptocurrencies. Make sure to keep your account active by conducting regular transactions or communicating with your bank.
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• Mickael RandriaSep 14, 2022 · 3 years ago
  Yes, a bank can close your account for inactivity in the context of cryptocurrency trading. However, it's important to note that not all banks have the same policies. Some banks may have stricter rules regarding account inactivity, while others may be more lenient. It's always a good idea to check with your bank to understand their specific policies and take necessary actions to avoid account closure.
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