So customers have less than 2 months to find new banking partners, migrate their data, inform their partners about banking changes, etc...
This is one reason why I'm avoiding all fintech/startup/neo banks in the future. My most solid experience was with a top 5 US bank. They have a shitty customer service and a plethora of offers; but my direct deposits go faster, I don't get pestered over 5 figures amount going in/out because AML and they were able to accommodate some particular needs (that no neo fintech will do, since they lump all customers into one basket).
If anyone wants to bank in the future (both for personal/business), here are the banks I'd suggest: Citi, Chase, BoA and WellsFargo.
This is one reason why I'm avoiding all fintech/startup/neo banks in the future. My most solid experience was with a top 5 US bank. They have a shitty customer service and a plethora of offers; but my direct deposits go faster, I don't get pestered over 5 figures amount going in/out because AML and they were able to accommodate some particular needs (that no neo fintech will do, since they lump all customers into one basket).
If anyone wants to bank in the future (both for personal/business), here are the banks I'd suggest: Citi, Chase, BoA and WellsFargo.