Is this normal and acceptable behavior from a bank?
They are requesting ex-employees (who had rights to the bank account) updated passport copy and utility bill, and company financials for 2 years even the country the company is located doesn't require you to file annual returns?
They asked a lot of different documents related to company which I provided, but then they suddenly suspended the account and are still asking these and telling me that they will not process any transaction...
Bank account suspended
They are requesting ex-employees (who had rights to the bank account) updated passport copy and utility bill, and company financials for 2 years even the country the company is located doesn't require you to file annual returns?
They asked a lot of different documents related to company which I provided, but then they suddenly suspended the account and are still asking these and telling me that they will not process any transaction...
Bank account suspended