I received an email about some U.S. Citizens that had their bank account closed and were robbed after leaving the bank with their account’s money.
I called the individual, who was no willing to discuss much on the phone, so I was unable to really assist her.
Here is the net out of the story as I understand it. It has two issues. First the bank “mysteriously” closed the account. If you are a U.S. Citizen and have recently tried to open an account in a Panama Bank, you may have noticed that the banks are not that interested in having U.S. citizens as clients. The U.S. banking regulations have become too onerous for some banks and it is just easier to operate without U.S. intervention
The banks have the right to close anyone’s account as I see it.
The second part is that after leaving the bank with all of the account’s money, the individuals were robbed. Again, this is not all that surprising. I have mentioned in several posts that a practice of some thieves are to station people in a bank watching for large withdrawals and to follow them in order to rob them.
This especially true this time of year when people are removing money to shop for Christmas gifts. If you know that you are going to be leaving a bank with a large amount of money, it is best to plan ahead for that event.
If you are a U.S. citizen and are robbed, I would advise reporting it to the police and to the U.S. Embassy. The Embassy can’t do anything to get your money back, but if there is a trend, the Embassy can put out an advisory notice of the trend.