Devaluations have become a thing since 2023, and one major reason for that has been people rotating money or using personal credit cards for business spends. While some banks have taken some logical steps to prevent this (for example, capping utilities spends), we all know a bank that has gone bonkers by asking customers to provide proofs for its spends. Now in the second case, a common man also suffers for absolutely no fault.
What do you think would be some good ways for banks to crack down on such activities without hurting people with honest spends? Creating this thread for bank people to read and find positive ways of handling people who indulge in such activities instead of going full retard and discouraging/ hurting their authentic customer base with the unapologetic and ruthless devaluations.
What do you think would be some good ways for banks to crack down on such activities without hurting people with honest spends? Creating this thread for bank people to read and find positive ways of handling people who indulge in such activities instead of going full retard and discouraging/ hurting their authentic customer base with the unapologetic and ruthless devaluations.
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