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This Is Incredible !!!

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Khandro | 15:14 Thu 29th Jun 2023 | News
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Nigel Farage may be hounded out of the UK
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It seems that any suspicion gives banks the right to close accounts, without explanation, to avoid risk, even when such suspicion/risk seems ridiculously small and remote. That seems wrong. Obviously society shouldn't tip off the bad guys that they are under suspicion, but one wonders what society thinks closing the accounts of everyone around them...
23:20 Fri 30th Jun 2023
Khandro

Toby Young and the vicar have NOT been blacklisted.

Toby Young didn't have his account closed by a bank. His account was closed by PayPal for violating its fair use policy.

You cannot lump all of these cases together and conclude anything. If there were a concerted effort by the banks to shut down free speech, then why haven't Gary Linker, Gary Neville, Lawrence Fox, Katie Hopkins, Anne Widdecombe, Piers Morgan, Adam Walker, Nadine Dorres, Sir Jacob Rees Mogg or Owen Jones been targeted?
I have said that Farage & others (Toby Young & the aforesaid vicar & others) have been blacklisted by the banking cartel; if one refuses an account they all do.

yeah it is meant to work like that - they linit each others liability.
Clearly with MLR they may not give the reason
but it does look as tho there should be an appeal mechanism

The Vituperative Vicar whose Yorkshire Bank account - was closed on account (ha!) of his letter about gay and queer affairs. The Yorks bank said they didnt do things like that and only closed them for proper stuff

and we will really never know ( obvious there is a back-story but NOT what it is)
PP

I've seen cases like this before, in the Money section of the Guardian:

https://www.theguardian.com/money/2022/aug/29/barclays-closed-my-account-but-wheres-the-cash

Alot of people don't realise this, but banks can shut down your account without warning. The stories I've seen indicate the banks are trying to protect themselves because of either suspicious transactions from the customer, or even someone *related* to the customer. They're terrified about being caught up in money-laundering, fraud investigation etc, so they err on the side of caution.
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sp ; PayPal is a payment platform with a website and a phone app that enables payments between parties through online money transfers. PayPal customers create an account and connect it to a checking account, a credit card, or both. PayPal also offers credit and debit cards branded with the PayPal name.

You really should look into the Toby Young story (it was eventually reinstated). Despite what you opine earlier, it was definitely a 'woke' issue to do with things said on his Free Speech Union website, as was the vicar's questioning of gaypride flags.

Farage's was more likely politics based.

None of them has broken any laws as far as is known & no accusations of such have been made.
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Retro: Yes a sound move, please see my post this morning at 08:25
sp1814, I'm aware that you're late to the party, and may not saw this example:

https://www.theguardian.com/money/2018/feb/03/natwest-closed-my-account-with-no-explanation
Khandro

Like I said before...banks should be free to turn down business for any reason.

Just like Christian bakers and B&B owners, right?
Thanks Ellipsis.

I saw something similar in the Money section of the paper, but couldn't find the link. I didn't realise how averse to risk banks had become and that they had the right to shut down accounts without (much) notice.
Just looking at retrocop's link.

The proposals won't stop banks from refusing the business of odious customers. All it'll do is make banks stick to a rigid notice periods and give a reason (to whom the article doesn't state).

A Tory government introducing further regulations on the banking sector. Will have to wait to see if that happens.
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sp:
//Like I said before...banks should be free to turn down business for any reason.Just like Christian bakers and B&B owners, right? //

NO NO, not "right" at all, a bank is nothing at all like a bakers or a b&b. one can always go to another baker.
Why don't you see that? If you can't get a bank account, as Nigel says, you are a non-person.
Think about it.
No...a bank should be free to turn down business. If you're refused a bank account, you can go to another. We only have Farage's word that he was turned down on multiple occasions. If he were, then perhaps the banks had good reason?

Any bank should be free to turn down business. You can go to another one. Same with insurance companies. They should not be forced to do business with anyone one.

And...it's the same for Christian B&B owners and cake shops.

Also the same for Anglican vicars. Imagine the furore if they were told whose marriage ceremonies they had to perform.

All exactly the same.
"one can always go to another baker."

And one can always go to another bank...you can see that surely?

This is what happened to those in the links to the stories both Ellipsis and I posted.
Of course it isn't the same, SP. You can go elsewhere to get a cake or a bed for the night but you can't run your life without a bank account.
Seems like some of these banks who wish to play God and refuse the public’s business should be reminded whose money bailed them out. Those who are currently unaffected should note which banks are doing this for spurious reasons and take their business elsewhere in the future.
naomi24

But it is the same.

You can go to another bank if you're told your account is being closed. If I got a letter from my bank to say that my account was being closed down, I wouldn't think "Oh my God...I can't bank anywhere". I would open an account at another bank.

Same principle with insurance. If my insurance company said that they would not longer insurance my car as it's too valuable and I'm too much of a bad driver, it doesn't mean that I won't be able to get insurance. It just means I have to find another provider.

Exactly the same as the cake shop and B&B. If they refuse service, it doesn't mean that you cannot use another B&B or cake shop. You just have to shop around.
He's tried seven other banks.
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I don't think sp understands.

Most sane people are outraged & see the implications for us all, Farage could be forced out of the UK, as would anyone be who is denied access to banking facilities, the chancellor feels it too & is demanding action.

And sp appears as an apologist for the banks!

Well as someone else always says, "another day on AB"
Had the victims been other people I’m sure SP would have understood it very well. No one who values freedom in this country should be defending or supporting this. Agendas reign supreme.
We have no evidence he tried several other banks.

And my point stands - if you support Christian bakers abd B&B owners refusing to deal with customers because of their beliefs then you have to apply the same rules to banks.

Can’t have it both ways.

I think most people can see the hypocrisy of maintaining these equal and opposite opinions.

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