What's happened with Nigel Farage's bank accounts?
The former UKIP leader said his bank account had been shut because he's a"politically exposed person" - but according to reports, it emerged he didn't have enough money in the account to meet the bank's wealth threshold.Nigel Farage says his account with high-net-worth bank Coutts has been closed.
Here's what you need to know about Mr Farage's battle for a bank account, what a PEP is and what it means for banking.Mr Farage last week said a bank - now confirmed as Coutts - hadHe said a letter from the bank contained no explanation and he had then been told over the phone it was a"commercial decision".
In a second Twitter video, he said he had been rejected from having bank accounts by nine different companies. Farage claimed banks did not want him as a customer due to him being a"politically exposed person", or PEP.Farage: Coutts are being 'very dishonest'A PEP is someone who is in public office and is therefore more susceptible to corruption or bribery.Banks have to carry out extra checks on PEPs to prevent bribes or corruption being passed through their accounts.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Nigel Farage says Coutts is set to close down his bank accounts\n\t\t\tGet local insights from Lisbon to Moscow with an unrivalled network of journalists across Europe,\n\t\t\texpert analysis, our dedicated ‘Brussels Briefing’ newsletter. Customise your myFT page to track\n\t\t\tthe countries of your choice.\n\t\t
Lire la suite »
What we know about Nigel Farage's wealth as he denies Coutts minimum thresholdNigel Farage’s finances are under the microscope after his claims of having a bank account shuttered on political grounds were challenged NickMDuffy explains Nigel Farage’s wealth ⬇️
Lire la suite »
Nigel Farage doesn't deny he fell below wealth cap at Coutts Bank used by royalsLast week the Brexit campaigner said he had been told by his bank they no longer wanted him as a customer. He has now confirmed the bank in question is Coutts - but does not deny he fell below the wealth cap.
Lire la suite »
Nigel Farage bank account shut for falling below wealth limitNigel Farage's account with the bank Coutts is not being closed for political reasons, the BBC is told.
Lire la suite »
Nigel Farage does not deny he has too little money at exclusive bank Coutts to keep accountBrexit campaigner Nigel Farage claimed Coutts bank no longer wanted him as a customer due to his political views. The bank is understood to have shut Farage’s account after he fell below the prestigious lender’s wealth requirements. Read more:
Lire la suite »
EastEnders legend Nigel Harman hasn't aged as he joins star-studded red carpetEastEnders legend Nigel Harman looked like he hasn’t aged a day since he last appeared on the soap in 2005 as he stepped foot on a star-studded red carpet on July 3 in London
Lire la suite »