The Bank of Farage

[richard-john56]

Originally Posted by 1andrew1

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]

Originally Posted by richard-john56

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]

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]

Originally Posted by jonbxx

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]

Originally Posted by nomadking

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]

Originally Posted by nomadking

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]

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

Nigel Farage’s top aide sentenced for wire fraud

[Mr K]

Originally Posted by ianch99

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

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]

BBC reporting he doesn’t have the assets for Coutts and got offered a pleb account with Natwest.

Originally Posted by jfman

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 …

Farage lying!? What were the chances?

[denphone]

Originally Posted by Damien

Farage lying!? What were the chances?

Pretty high l would say.

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]

Originally Posted by jfman

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.

Originally Posted by Hugh

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…

Originally Posted by 1andrew1

And offer them an account with their sister bank NatWest instead.

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.