As the director of a transportation company, I feel compelled to share my distressing experience with Tide Bank (Clear Bank) to warn other businesses and potential clients of the pitfalls they might encounter. My account with Tide Bank has been an integral part of my business operations since March 2021. However, the bank's recent actions have not only disrupted my business but also raised serious concerns about their professionalism and customer care. Sudden Account Freeze and Inaccessibility to Funds: Tide Bank, without warning or explanation, froze my business account, cutting off access to my funds. This arbitrary action has left my company in a precarious situation, unable to make payments for goods, services, or meet obligations to contractors and employees. The blockage of incoming payments only adds to the distress, hindering the smooth running of my business. Unexplained and Inadequate Communication: Adding to the frustration, Tide Bank's communication has been far from satisfactory. A request was sent via their banking app asking me to document certain transactions. I complied by sending the requested documents in photo format, as I lacked access to scanning facilities at that time. Despite this, on February 16, I received an email informing me of the imminent closure of my account and requesting details of an alternative account to transfer my funds. The lack of clarity and reason behind these actions is alarming. Inaccessible Customer Service: Since the freezing of my account, attempts to contact Tide Bank have been futile. Neither emails nor messages through their app have been answered. This lack of response is unprofessional and disrespectful, leaving me without crucial information about the status of my funds and the future of my business banking. Questionable App Communication Practices: The reliance on app-based communication by Tide Bank has proven to be ineffective. Notifications don't always appear reliably on phones, and the absence of timestamps in the app's correspondence makes it difficult to track and document interactions properly. This lack of transparency favors the bank and puts customers at a disadvantage. Previous Technical Issues with the Banking App: This is not the first time that Tide's banking app has caused operational disruptions. Past technical issues have often resulted in limited access to banking services, with no prior notice of planned maintenance. Such unreliability is unacceptable for any business relying on seamless financial operations. Potential Retaliatory Actions for Voicing Concerns: My decision to share my grievances on TrustPilot seems to have led to further punitive measures from Tide Bank. Rather than addressing the issues I raised, they chose to freeze and then close my account. This reaction to customer feedback is concerning and suggests a lack of commitment to resolving legitimate customer concerns. Echoing Complaints from Other Users: I am not alone in my experiences. Other Tide Bank users have expressed similar frustrations on platforms like TrustPilot. It appears that my case is not an isolated incident but part of a larger pattern of inadequate service and disregard for customer needs. In conclusion, I strongly advise current and potential customers of Tide Bank to reconsider their banking choices. The bank's handling of my account, lack of transparent communication, and apparent indifference to the impact on my business are red flags that cannot be ignored. It is crucial to partner with a financial institution that values its customers and provides reliable, professional service. Unfortunately, based on my experience, Tide Bank falls short of these essential criteria.