Mercury now like others

[Alexmorgan]

Most banks or EMIs using AI that seems all of them had it from same source or at least have same direction that they agreed internationally to follow it

Which leads to automatically account closing and that is non negotiable thing at all

Means once AI detect a move that already programmed in it then account closing happen

Like my Wise account it immediately shut down once i added a UAE account in it

1-african
2-living in Bahrain
3- added UAE account

Action that done is account closing without any appealing review

Now mercury is going to that direction while before they were using only humans to check one by one for any case that comes from their banking partners

 

[SCHLOSSFINANZ]

and? You pay what you get for

 

[Frankie]

Well, African + Bahrain + UAE account, I don't judge but this is a bunch of red flags right there...

Maybe you will have more luck with more African centric banks like AfrAsia or MCB in Mauritius?

 

[TheCryptoAnt]

and? You pay what you get for

very constructive comment brother

 

[alley]

Yeah, this is a textbook example of why AI can be dangerous now, and especially in the future.
It basically means you can hire a bunch of low level staff in third world countries to just click the "Shut Down & Freeze" button without thinking, and without giving you any real chance to defend yourself or submit a justified objection.

 

[SCHLOSSFINANZ]

very constructive comment brother

yes and its 100% the truth. When you want banking for free face the consequences.

 

[alley]

Unlike many others, I’ve actually had accounts with Wise, Revolut, and Currenxie, all free, as part of my banking portfolio, and they’ve been running smoothly for several years now.
I process around 7 million euros through them annually without issues.