Gibraltar Wise Business account deactivated | Gibraltar in FATF list now

[blackmax]

Got my business account closed yesterday, without any reason. I didnt do any unusual transactions, my account was working for 3 years and i passed additional verification about 2 years ago, they asked for contracts and invoices. So, i think this is because Gibraltar is now on list of high risk jurisdictions since March 2023.

Had someone his Wise Gibraltar account deactivated recently? Can it be real cause for deactivating account?

 

[Sols]

Wise does not seem to be closing accounts for Gibraltar companies in general. However, if there are other risk factors associated with your account, the combined risk score of your account may have exceeded some threshold.

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This is the probably the answer to your question.