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The Independent UK
The Independent UK
Business
Anna Wise

What are the rules on bank account closures and what rights do people have?

Nigel Farage NatWest FCA Gary Greenwood Nikhil Rathi United Kingdom the Financial Ombudsman Service

Government ministers and the UK’s financial watchdog have waded in to the debate surrounding banks’ ability to close people’s accounts because they disagree with their beliefs or political views.

It was sparked by former Ukip leader Nigel Farage who said his account was unfairly shut down by private bank Coutts, owned by NatWest Group.

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