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-   -   The Bank of Farage (https://www.cableforum.uk/board/showthread.php?t=33711990)

richard-john56 03-07-2023 20:01

Re: The Bank of Farage
 
Quote:

Originally Posted by 1andrew1 (Post 36155147)
Coutts is a private bank so works on discretion. That and service are what its high net worth individual customers pay for. It never declares who banks with it* and it probably has far more toxic customers on its books than Farage.

* Thanks to data protection laws, banks these days don't do this usually anyway.

Coutts is owned by the Royal Bank of Scotland (RBS) who has a toxic name.

1andrew1 03-07-2023 22:04

Re: The Bank of Farage
 
Quote:

Originally Posted by richard-john56 (Post 36155194)
Coutts is owned by the Royal Bank of Scotland (RBS) who has a toxic name.

Hence why RBS Group rebranded to NatWest Group three years ago, taking the name of its untainted English subsidiary.

jonbxx 04-07-2023 09:40

Re: The Bank of Farage
 
You would need a heart of stone to not be amused that EU Directive 2014/92/EU gives all EU citizens the right to a basic payment bank account, regardless of their financial situation

nomadking 04-07-2023 09:47

Re: The Bank of Farage
 
Quote:

Originally Posted by jonbxx (Post 36155223)
You would need a heart of stone to not be amused that EU Directive 2014/92/EU gives all EU citizens the right to a basic payment bank account, regardless of their financial situation

As a directive it would've had to be passed into primary UK law.
UK Law
Not sure what he's looking for is a basic bank account.

Mr K 04-07-2023 10:04

Re: The Bank of Farage
 
Quote:

Originally Posted by nomadking (Post 36155226)
Not sure what he's looking for is a basic bank account.

No he's looking to big himself up as usual. A multi millionaire victim...

The victims are the electorate he conned, who don't have such reserves in an increasingly poor country.

jonbxx 04-07-2023 10:10

Re: The Bank of Farage
 
Quote:

Originally Posted by nomadking (Post 36155226)
As a directive it would've had to be passed into primary UK law.
UK Law
Not sure what he's looking for is a basic bank account.

Certainly was - The Payment Accounts Regulations 2015 (https://www.legislation.gov.uk/uksi/2015/2038)

ianch99 04-07-2023 10:59

Re: The Bank of Farage
 
I think the most probable cause for his situation is the receipt of monies from problematic donors e.g. RT.

Interesting echoes of his past :D

Nigel Farage’s top aide sentenced for wire fraud

Mr K 04-07-2023 11:02

Re: The Bank of Farage
 
Quote:

Originally Posted by ianch99 (Post 36155238)
I think the most probable cause for his situation is the receipt of monies from problematic donors e.g. RT.

Interesting echoes of his past :D

Nigel Farage’s top aide sentenced for wire fraud

1 rouble is less than a penny, maybe Nige's RT cash wasn't as much as he thought?

jfman 04-07-2023 12:11

Re: The Bank of Farage
 
BBC reporting he doesn’t have the assets for Coutts and got offered a pleb account with Natwest.

Chris 04-07-2023 12:16

Re: The Bank of Farage
 
Quote:

Originally Posted by jfman (Post 36155243)
BBC reporting he doesn’t have the assets for Coutts and got offered a pleb account with Natwest.

This was always the most likely scenario. May have been a good idea for some folks not to take his initial claims at face value …

Damien 04-07-2023 12:21

Re: The Bank of Farage
 
Farage lying!? What were the chances?

denphone 04-07-2023 12:54

Re: The Bank of Farage
 
Quote:

Originally Posted by Damien (Post 36155246)
Farage lying!? What were the chances?

Pretty high l would say.

Damien 04-07-2023 14:09

Re: The Bank of Farage
 
He really is an attention seeker. Several days of him and his supporters getting angry because he isn't rich enough to have a private bank account with Coutts.

1andrew1 04-07-2023 14:26

Re: The Bank of Farage
 
Quote:

Originally Posted by jfman (Post 36155243)
BBC reporting he doesn’t have the assets for Coutts and got offered a pleb account with Natwest.

Dare I dare point out that the Forum predicted this scenario back on 30 June.
Quote:

Originally Posted by Hugh (Post 36154877)
We’ve had half a story, and as stated in another thread, Coutts routinely close customers accounts when they don’t meet their assets threshold…

Quote:

Originally Posted by 1andrew1 (Post 36154881)
And offer them an account with their sister bank NatWest instead.


Damien 04-07-2023 14:29

Re: The Bank of Farage
 
https://twitter.com/Nigel_Farage/sta...93191899324418

Farage is saying he was never told there was a minimum threshold with 100% a lie. There is obviously a minimum threshold to have a private bank account, that's why not everyone is with Coutts.


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