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Careful what you say, or you may end up without any banking facilities.

(479 Posts)
DillytheGardener Wed 19-Jul-23 08:58:27

Nigel Farage is a ghastly man and banks aren’t obliged to serve customers with conflicting values. He can put his money elsewhere with a bank that doesn’t mind his particular brand of vitriol and hate.

Sago Wed 19-Jul-23 08:53:58

Banks are there to look after our money and act in the best interests of the shareholders not to judge their customers.

It is appalling the way Mr Farage has been treated!

I am closing my Coutts account today😉

MerylStreep Wed 19-Jul-23 08:53:14

Banks are using an Ai program to scour the social media sites that their customers use to check on what they’re posting.

M0nica Wed 19-Jul-23 08:44:03

The DT headline news today is that Nigel Farage's bank, Coutts, unilaterally shut down his bank account with them, not, as they said originally because his assets fell below a minimum figure but because:

He doesn't align with our values He is seen as zenophobic and racist. He is considered by many to be a disingenuous grifter. Being associated with NF represents a material and ongoing reputaional risk to the bank

So now you know, we have a a new set of self-appointed censors in the land. Hold the wrong political views - and thats it, your bank account will be closed down.

And why should they stop at political views? Will the banks start closing the bank accounts of any one with contentious ethical or religious views, or because they are in the public eye for some aspect of their behaviour.

Will Huw Edwards, Philip Schofield, Katie Price, Prince Harry have their bank accounts closed down because the banks, who daily process millions, if not billions of £s for drug dealers, corrupt members of corrupt regimes, whose people starve while they stash £millions away in secret bank accounts, consider that the above named ^do not align with their values'

Who gave the banks, and when, the right to censor what we do and what we think and withdraw, that absolute essential of life today - a bank account - because someone's political or other views offend their delicate consciences?