Thread: Bank of America
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Old January 8, 2013, 04:22 AM   #8
BillCA
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Join Date: November 28, 2004
Location: Silicon Valley, Ca
Posts: 7,117
At issue is the primary reason BofA put a hold on the account.
If there are "other" issues with the banking client then they may be within their authority to do so (e.g. non-payment for services).

Of course, it it's because BofA has a "belief" that this company should not be selling on the internet, reputable as they may be, because of the business they are in -- or because of the recent CT tragedy -- then they overstep their authority into restraint of trade.

This kind of thing and the McMillan debacle give me incentive to tell my friends & family to avoid banking there. Doing it once (that we know of) is bad enough. Twice makes it their policy, IMO. So I'm going a step further. I will now recommend any business that they avoid BofA like the plague. If they can close down one business they disapprove of, why not yours? Especially if you are suddenly flooded with orders over the internet.
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