Does a bank need to give you a reason for closing your account?
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No. One does not have a "right" to bank at any specific financial institution. Just as you get to pick who you do business with, so do banks.
Banks sometimes refuse accounts because there was too much risk in dealing with a person or business, because it wasn't profitable, because the customer was rude to bank staff on more than one occasion, and there are other reasons, but when a bank closes a deposit account, they have no requirement to say why.
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