Yeah, the same. We have a SAAS product in Colombia and considering if is better to incorporate abroad, but wish to be in better than USA (mostly because the litigious nature of USA system).
Revolut for business closed my account with very short warning and fucked up sending me my remaining balance.
Lukcy for me, previous issues had meant I was loyal to the concept of having at least two banks at any given time, because one might crash/throw you out etc, so it didn't cause me too many problems.
Now I have a boring, expensive local bank which is stuck in the 80s (but presumably safe) and Transferwise for all the online stuff.
Could you share what was their reason for doing this? Any non-standard type of business or account activity?
Pure software development/consulting business for other business clients in EU countries. As clean as it comes, I think.
I was never told what the problem was. This is standard operating procedure for banks, I am told. So I still have absolutely no clue what the problem was.
I agree that it's always a good idea to have multiple accounts.