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What happens if Stripe closes my account?

14 Oct 2023 By PAYCEC

When Stripe closes your account, it can have far-reaching consequences for your business. This action often involves the release of any remaining funds in your account, typically after a holding period, which ranges from 90 to 180 days.

The cash will be sent to your associated bank account. However, it may influence your capacity to process payments in the future, prompting a search for other payment processing alternatives. To avoid this circumstance, it is critical to carefully analyze Stripe's terms and rules and take fast action to rectify any underlying concerns.

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