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Rapyd Business Account closed or froze your business account: what its terms say

As of October 9, 2026, these are Rapyd Business Account’s own words on closing accounts: the notice it gives, the reasons it names and where a complaint can go next.

Notice before closing

By Rapyd: we may terminate, or suspend the the Services and your ability to access funds in your Account, (as we deem fit, in our sole discretion) at any time by giving you: … At least a two (2) months notice; or

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Reasons it names for closing or suspending an account

Without notice and/or with immediate effect if one of the following applies: … we determine in our sole discretion that you are ineligible for the Services because of significant fraud or credit risk, or any other risks associated with your Account

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Complaints and where to go next

If a dispute or claim is still not resolved through amicable negotiation (including any dispute on the existence, validity or termination of these Terms), you irrevocably consent to the matter being referred to and finally resolved by arbitration in Hong Kong administered by the Hong Kong International Arbitration Centre (“HKIAC”).

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These are the provider’s published terms, not legal advice. Your own agreement and the law where your company is may give you more.