Canada, a bank closes branches and cancels debts of its customers



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The dream (impossible) of many has been canceled. Remains, however, what happened to several hundred Canadian customers of Chase Bank, a bank linked to the most famous American bank JPMorgan Chase. The bank decided to leave the Canadian market after 13 years and thus canceled all the debts contracted by its customers by means of credit cards.

Some customers were due to the bank a few hundred Canadian dollars, others much more substantial. Despite this, Chase decided to cancel the existing budget to complete its exit from the Canadian market. That's what the bank's spokesperson, Maria Martinez, told customers.

I spent all last night, smilingCanadian public service broadcaster Douglas Turner, a resident of Ontario who said he would pay a debit agreement with his Amazon card of $ 6,157, told CBC. For a year, every month, Turner had to pay $ 300 to pay a debt, he was now released.

Chase Bank did not specify the exact number customers affected by the gift, but Amazon.ca cardholders such as Douglas Turner, Visa Rewards and Marriott Rewards Premier Visa have already received the communication. The operation gave rise to a trial that began two years ago when Chase Bank stopped accepting new credit card applications in Canada and began blocking the cards themselves in Canada. March 2018. Contacted by New York TimesSara Rathner, a credit card expert, said the Chase Bank's decision was probably the first of its kind.

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