[refurb]

Yup, HN loves to rail on banks like HSBC getting busted for money laundering. Well, this is the result - they come up with certain criteria (which is never divulged or else people could work around it) and if you hit it, boom, your account is closed.

It's the natural response to government attempts at clamping down on money laundering. Your individual value as a customer comes no where close to the financial hit from a massive money laundering scandal.