It may sound unlikely, but yes, a bank can close your account without your authorization. In fact, a bank can close your account at any time for any reason, even without any prior warning. How ...

Your bank can close your account for any number of reasons, from lack of activity to potential fraud. Knowing why a bank might close your account can help. You may not think it could happen to you.

The bank has previously confirmed that it can and will close accounts if they are deemed inactive due to state escheatment laws. The financial institution confirmed that customer accounts may be ...

Bank of America is informing customers that their accounts may be closed if they haven’t been used for an extended period. “If you have not accessed your account for an extended period ...

I chose the Debit card funding option and had $100 withdrawn from my Chase bank account to fund the Bank of America checking account. I received confirmation of submission of my application.

Bank of America informed customers who previously used the online checking accounts that their funds would be moved into a Core Checking account. Those accounts cost $12 per month unless customers ...

“They were aware of my study, work and family history but still closed my account after almost 10 years,” he said. Mr. Ladipo, now 30, had banked with Chase since he moved to Ohio in 2010 for ...