I don’t quite follow. It would be nice to know in advance before entering home mortgage contract that 10 years into the loan the bank that holds your asset account is going to give you the boot. The reality is that you don’t even get a 1 day notice sometimes (depending on circumstances).

So the contract with your mortgage lender might say the payer agrees to pay via bank transfer for 15 years, while all contracts for asset accounts at all banks never include a guarantee to keep your account open. They reserve the right to pull the plug at any time. Are you saying that in the situation where the payer does not know in advance that their bank account will remain open that they are protected and thus can switch to cash payments?

Also don’t forget the Illuminati and the lizard people living in caves at the center of the earth. It’s real, I read it on the internet.

Bank accounts have been the norm for paying most services like energy suppliers for so long that I don’t think you’re going to find a company here that will let you send cash to them.

That’s a problem because now that banks have started violating people’s human rights, the energy suppliers forced banking policy doubles down on those human rights violations.

If the grid (or more likely, the internet) goes down then you do have a problem. Customers of ING and Rabobank will attest that it’s quite annoying when the bank goes down for a few hours, usually people find out about that happening when doing groceries.

The grocery store is not going to let you walk out with groceries if their payment system is down. Hence the importance of cash.

If your bank stops supporting your phone for whatever reason, they’ll give you notice in advance.

The way I received a notice was the app refusing to function. I do not call that “in advance”. Nor does advance warning justify it. They can give months of advance warning - I’m still being forced into the private marketplace to needlessly procure new hardware because of designed obsolecense. To not object is to support that abuse.

Rabobank and ING have special reader devices you can request that will scan a QR code and authenticate payments and logins for those without phones.

There are also still banks that have over the counter service and web service. This does not obviate the fact that some banks impose a closed-source app that depends on agreeing to Google or Apple’s privacy-abusing ToS. Any and all banks are within their rights to go in that same direction. Pointing to a couple banks and saying “look, these two banks are not yet fucked up” is not decent rationale for forced banking.

Your bank isn’t a party to your contract with your creditors.

Bingo. That’s the problem. The finger-pointing is designed to point blame on the victim.

If you care so much about being able to pay in cash, negotiate a contract that will let you do so.

I think you missed my comment that mortgage contracts are non-negotiable.

It’s not your creditors’ problem if you decide to unbank yourself, they’re almost always free to refuse you service if your decisions make you impossible to work with.

Actually it is their problem. They can point to the contract all they want but they can’t suck blood out of a rock. If they shoot themselves in the foot by drafting a fragile contract with simple points of failure, they have a business problem because they still need to get paid. It’s also the victim’s problem to the extent that the debt is high enough for the lender to put a lien on the home. That’s actually the only problem I care about because a human being is taking a hit for an incompetent system in that case.