ANEXT Bank closed or froze your business account: what its terms say
As of October 9, 2026, these are ANEXT Bank’s own words on closing accounts: the notice it gives, the reasons it names and where a complaint can go next.
Notice before closing
The Bank may at any time terminate or suspend any or all of the Banking Products and Services (or any part thereof) or any Customer Documentation with immediate effect in its sole and absolute discretion and without providing any prior notice or reasons to you.
Reasons it names for closing or suspending an account
suspend, freeze or close any Accounts or take any other action as the Bank considers appropriate in its sole discretion to meet its obligations under any Applicable Laws and/or if the Bank suspects that: … (a) such transaction may breach any Applicable Laws or the Bank’s internal policies, including those relating to anti-money laundering, anti-bribery or anti-corruption, counter-terrorism financing, anti-tax evasion or Sanctions;
Complaints and where to go next
Sole proprietors may reach out to the Financial Industry Disputes and Resolution Centre Ltd using the channels listed under Contact Us at https://www.fidrec.com.sg/contact-us if disagreements arise from resolutions.
These are the provider’s published terms, not legal advice. Your own agreement and the law where your company is may give you more.