BREAKING: Coutts bank hits back amid Nigel Farage account row
"We recognise the critical importance of access to banking. When it became clear that our client was unable to secure banking facilities elsewhere, and as he has confirmed publicly, he was offered alternative banking facilities with NatWest. That offer stands."We understand the public concern that the processes for ending a customer relationship, and how that is communicated, are not sufficiently transparent."Nigel Farage spoke to Sky News and called for a change in legislation.
He told Sky News:"It's such a prejudiced, nasty document. It's the metropolitan elite loathing the views of the many millions of us that live outside the M25.Mr Farage claimed 10 banks have refused to open an account in his name, saying he may"effectively become a non-person" without a method of banking.
Mr Davis claimed Coutts' actions amounted to"political discrimination", and asked:"Can he require every bank with a British banking licence to inform the Treasury of all the accounts shut down for non-commercial reasons?" Appearing in front of the Treasury Select Committee on Wednesday afternoon, FCA chair Ashley Alder said he was not"aware" of any regulatory rules that could have led to Mr Farage having his bank account terminated.
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