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I am pretty sure if that is the only case they are closing your account you would have a good case in court, you should contact an attourney right away and give him all the facts and see what he thinks, especially if you pay taxes than it is all legal income, you can sue the hell out of the bank for breach of contract at least, maybe there is grounds for discrimination lawsuite as well

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What damages would you sue them for? As long as they give you the money, seems like all terms have been met. It's not like having the bank account is a civil right.