Ditto to this. My experience has been very similar to yours.
The amount of incompetence involved with payment processing and banking is just mind boggling. KYC/AML is very quickly turning into bizarro big brother. But not an all-knowing AI big brother. A stupid 2005-era IP address detecting one. You do a little too much traveling? Poof. There goes a month of your life to banking jail.
A simple two-factor mechanism like passkeys or authy (that isn’t based on SMS to unreliable US phone carriers) would solve about 99.999% of this.