[physicsguy]

The law is really strict. If you look on reddit.com/r/ukpersonalfinance there's loads of people complaining that Monzo have frozen accounts and won't tell you way. In pretty much every circumstance, the person involved has been moving large amounts of money around through Crypto, so it's fairly obvious why they might flag that up as potential fraud/money laundering and cause an investigation.

[dmje]

I'm in the process of trying to open a UK business bank account for myself and two other directors. The hoops we have to jump through are insane.