The Globe and Mail reports in its Saturday edition that your bank can cut you off and never tell you exactly why. A triple-bylined item led by Erica Alini says that usually, you have up to three months to make alternative arrangements. The official explanation, if there is one, is as ominous as it is vague, "Our decision is a result of the unacceptable risk that we have identified with regard to the operation of your accounts." The consequences are dire. You may have to rely on high-interest loans while you scramble to transfer your mortgage or lines of credit. If you have a business, you may have to explain to clients and creditors why you no longer have access to your bank account. Worse, once one financial institution has given you the boot, others may follow suit, making it hard to have a bank account at all. The process is called debanking or derisking. Often, a bank detects and flags unusual transactions that indicate a customer may be linked to money laundering, terrorist financing, fraud or other crimes. Account closings are becoming more common as banks are under pressure from regulators to clamp down on financial crime following TD Bank's historic $3-billion (U.S.) in fines from the U.S. government.