I see your point here mate but opening a new bank account takes 2 mins nowadays.
It would be very hard to regulate this and to keep the rule breakers away.
The problem is that the networks and merchants are still getting paid even if your not and some of them are just to greedy to worry about the longterm integrity of the industry.
I am not involed in affiliate marketing but it seems to me to be more grubby than the SEO industry at times.
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