It's funny how the banks say the reason is that they must know their customers, but they clearly show they do not.
They probably know equaly bad the customers whis accounts they do not close.
Both banks and the banking regulation is a joke. They could certainly do some more manual verification of suspected cases to clear out the obvious mistakes, but they only care about the bottom line and to not be fined.
They probably know equaly bad the customers whis accounts they do not close.
Both banks and the banking regulation is a joke. They could certainly do some more manual verification of suspected cases to clear out the obvious mistakes, but they only care about the bottom line and to not be fined.