Commonwealth Bank customers fume over 'ridiculous' reason Aussie was stopped ... trends now

Commonwealth Bank customers fume over 'ridiculous' reason Aussie was stopped ... trends now
Commonwealth Bank customers fume over 'ridiculous' reason Aussie was stopped ... trends now

Commonwealth Bank customers fume over 'ridiculous' reason Aussie was stopped ... trends now

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Commonwealth Bank customers have been left outraged after an Aussie was stopped from transferring their money because of an 'outrageous' cap.

The bank sent a statement to the customer advising them their payment to a cryptocurrency exchange had been declined as they had reached their limit.

Commonwealth Bank introduced new measures in July, putting a $10,000 monthly cap on Aussies to protect them from possible scams. 

The outraged customer was informed by the bank they would not be able to make a purchase until the start of the new month.

A Commonwealth Bank customer was notified (pictured) that they're payment into a cryptocurrency exchange had been declined because they transferred to much money

A Commonwealth Bank customer was notified (pictured) that they're payment into a cryptocurrency exchange had been declined because they transferred to much money

'Your recent payment to a cryptocurrency exchange has been declined because you have exceeded the monthly cryptocurrency limit,' the letter read. 

'CommBank has introduced these limits to help protect you from fraud and scams. 

'The payment limit applies across all of your accounts for the calendar month and resets each month'. 

The statement from the bank was uploaded to X on Sunday and sparked furious backlash from social media users.

Many accused the bank of trying to control money that rightly belonged to customers.

'This is outrageous. The bank deciding whether you can spend your money or not,' one said. 

'Such parenting from bank...which knows "better" how you should and can spend your own money...' another wrote. 

'I would close my account immediately'. 

Others defended the bank saying the restriction was in place to protect

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