Scotiabank client booted from bank after complaining about rainbow-themed app
(www.rebelnews.com)
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Does this mean his money was stolen?
He has a period of time before they close his account and mail a bank draft for what's in there to the address on file.
You wonder how it works with non-cash assets like retirement accounts, investment accounts, etc.
You can't just "write someone a cheque" for that stuff without exposing them to losses, taxes, penalties and legal considerations.
I’m not sure that would be something the bank could legally do, over here, so this is… Interesting.
Surely he has a potential civil suit, here, at least, no..?
No chance.
Canadian courts are pozzed.