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Bank Cancels Religious Non-Profit & New Tax Rules | 12.26.22
Morning Wire
Is There a Current Chase Policy to End a Professional Relationship?
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The NCRF says Chase later told them that the account was closed because the group didn't provide some requested documentation within this 60 day window. The bank has said they can't speak publicly about it because it regards confidential client matters. An internal process called red dotting would alert different divisions in the bank not to do any business with that client.
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