BBVA is one of the most important banks in Mexico and reported that officially could suspend some accounts in Septemberfor several reasons that are more common than you think.
Credit or debit cards
And owning a debit or credit card is already a necessity; HoweverBBVA reported that it is unwilling to retain cardholders who are missing some details.
— BBVA Mexico (@BBVA_Mex) September 16, 2023
Why will BBVA suspend accounts?
According to BBVA, there are such things clear reasons to start closing and blocking accounts; But, It will be in September when the institution sets a limit:
-When an account is used Commit fraud or suspicious activityThe institution announced that it would be suspended while the relevant investigations were carried out
–BBVA tolerance no longer applies to debts According to the bank, the account will be blocked until the payment is settled.
-People tend to go from bank to bank when they are unable to meet their financial obligations, especially when they have incurred debts that they cannot pay, which is the reason behind this If you have not made payments to another banking institution, they may request BBVA to block your account. until you have paid off your other debts.
-It is important to note that the purchase of a product or service from the bank is processed through a Contractwhich sets out the conditions that the beneficiaries must comply with when using the account. If non-compliance with the above provisions is detected, the bank has the right to block the account in order to clarify the situation.
-If the beneficiaries tend to interfere in legal matters, the bank may be forced to block your account until the situation is resolved, so BBVA could take the same action in this case.
BBVA will notify
The credit institution has also made it clear that in each of these cases it will inform the cardholder about the blocking and the reason.