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Old 19-07-2023, 08:21   #176
jfman
Architect of Ideas
 
Join Date: Dec 2004
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Re: The Bank of Farage

Quote:
Originally Posted by nomadking View Post
Irrelevant whether there are also other banks, especially as the other banks are starting to use the same discriminatory policies with various people. The banks should act impartially, and not be looking into somebody's opinions and politics. Imagine other everyday businesses doing the same, eg supermarkets?

In the document, Coutts admit he DOES still meet their financial criteria.
They’ve also admitted he’s a risk (PEP) - a risk none of the other banks he’s contacted want to take on. Having identified this risk gives them additional administrative and regulatory burdens in dealing with Farage as a client.

If that burden is better shouldered at NatWest, rather than Coutts, I fail to see how they can reasonably have been considered to refuse a service to him.
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