Quote:
Originally Posted by Chris
I’m pretty sure that allowing/barring individuals from specific financial products based on their ability to service them at a specified level is actually a feature of the entire banking system rather than an act of discrimination. It’s the very reason why the regulations require banks to offer ‘basic banking’ accounts, so that those who don’t match anyone’s criteria aren’t excluded from the system.
(I suspect, without having looked into it, that those basic products are considered to have been adequately delivered as long as they’re available somewhere within the bank’s business, without having to be replicated under each subsidiary brand the business operates).
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You seem to be conflate a minimum service level for account operation with an arbitrary amount under which you are deemed unworthy. Two different positions I would argue.