[j-a-a-p]

OTOH I do hope a bank is allowed to go full stop on the brakes if needed. I had my CC blocked 4 times because of fraud detection. All done by the CC company and it never cost me anything but inconvenience.

If the bank would be liable, we all suffer. How much will banks charge if we would be both secured from fraud risks and indemnified from account closure damages? I would think 1% of your cashflow would not be unreasonable.

[sgjohnson]

Banks are almost never liable for fraudulent CC charges. The merchant picks up the tab just about every time.

[j-a-a-p]

Yes been there, still am actually.

Also as a merchant I like a pro-active attitude of the bank to deal with fraud. But, more on-topic, bank accounts are definitely more stable than CCs. But they are not immune for seizures and fraud detection.