Unless you’re told it’s a ‘commercial decision’…
On a slightly different aspect of the topic, this sound bite from Farage amused me:
I mean, let that sink in.
Farage has bank accounts closed
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Unless you’re told it’s a ‘commercial decision’…
On a slightly different aspect of the topic, this sound bite from Farage amused me:
I mean, let that sink in.
Soldato
And your keeping yours by leaving out crucial details!
Soldato
Ombudsman or FCA. Probably the Ombudsman though.
Financial Ombudsman Service: our homepage
The Financial Ombudsman Service is a free, fair and easy-to-use service that settles complaints between consumers and businesses that provide financial services.
www.financial-ombudsman.org.uk
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Permabanned
Coutts is no longer the bank it was, it's merely the private banking extension of The Royal Bank of Scotland, when it was acquired in 2000. It's cachet and perceived snobbery sadly evaporated under its new ownership.
Who are all embracing the benefits of EU membership!
Ahh yes, your other amazing prediction
Chris Wilson said:
You don't happen to be related to mystic Meg do you?
Soldato
If that were the case it would seem rather odd to then offer to keep him as a client by offering another account in the same banking group!Bearing in mind a single transaction can trigger a review and checks (which I am sure you are aware of), you're guessing there is a consipracy then
So you've implied, in this case stated, that migrants that aren't in the a country can't perform said acts in that country. That seems logical and a bit obvious in my opinion (from a logical perspective).
Soldato
That must make you sick. Where did you move your account to? Maybe Caz? Or something out of Zurich?
Soldato
Not sure if already covered in this thread but Know Your Client ("KYC") checks usually involve some sort of screening for Politically Exposed Persons and you can only onboard people if those risks can be suitably mitigated. Presumably they've decided they no longer can.
I would imagine you'd open a case with the financial ombudsman.
What 'crucial' details were left out of this... "Makes one wonder why he needed an offer, if it were me I'd have made enquiries about personal accounts after being turned down for business accounts from a few different banks, you know just to have a contingency and to test if it's a business vs personal account thing." I mean that sentence doesn't even mention the number of times being a problem, that sentence is about why he needed to be offered a personal account and why he didn't try opening a personal account instead of business accounts.
Permabanned
Gotta get some work done, humour me and save me searching this thread, has that rather colourful poster been mentioned yet...?
Soldato
Because the leftie simps need it spelling out to them when a list of bullet points had already laid out the advantages of deportation rather than them roaming the UK whilst waiting for asylum decisions to be made.
Soldato
I already said so you're clearly not reading what I said again, bravo!
Soldato
Are you this rude in real life, it's a most unsavoury characteristic.
Soldato
Out of @Caracus2k 's big bag of giggly insults, at least come up with your own.
Unlikely, thenewoc is pretty incapable of independent thought...
Thinking itself seem a bit of a struggle for the poor wee lad most of the time
Soldato
The "right to have a bank account" wasn't something I knew about, so did a quick google and hit on this: https://www.gov.uk/government/collections/basic-bank-accounts
From posts here and elsewhere, it seems like the bank in question was Coutts (who are owned by NatWest), but the account in question was a Business account and not a basic account as described in the link above. It also appears that he was offered an alternative account under the same group, which I'd assume would a standard NatWest consumer account as covered under the link above.
We're at over 400 posts arguing - but is anything wrong in what I wrote above ?
Assuming I'm not talking spherical dangly bits, then the whole thing does seem to be blown up out of all proportion. His "basic human right" isn't being taken away at all. Coutts / NatWest are free to take a commercial decision not to operate a business account for him for any reason they like. Maybe he's just not a profitable customer. Comparison with totalitarian states and the "if the establishment can do it to him, they can do it to us" is just all hysterical nonsense. Equally (in the absence of a stated reason) comments about "he taking dodgy money" are also speculative and seem to be largely driven just by regs that banks MUST follow around KYC and sources of funds - some 2 + 2 = 5 logic.
I'll just repeat my comment from a lot earlier. It was tongue in cheek but turns out to have been fairly accurate:
From posts here and elsewhere, it seems like the bank in question was Coutts (who are owned by NatWest), but the account in question was a Business account and not a basic account as described in the link above. It also appears that he was offered an alternative account under the same group, which I'd assume would a standard NatWest consumer account as covered under the link above.
We're at over 400 posts arguing - but is anything wrong in what I wrote above ?
Assuming I'm not talking spherical dangly bits, then the whole thing does seem to be blown up out of all proportion. His "basic human right" isn't being taken away at all. Coutts / NatWest are free to take a commercial decision not to operate a business account for him for any reason they like. Maybe he's just not a profitable customer. Comparison with totalitarian states and the "if the establishment can do it to him, they can do it to us" is just all hysterical nonsense. Equally (in the absence of a stated reason) comments about "he taking dodgy money" are also speculative and seem to be largely driven just by regs that banks MUST follow around KYC and sources of funds - some 2 + 2 = 5 logic.
I'll just repeat my comment from a lot earlier. It was tongue in cheek but turns out to have been fairly accurate:
Soldato
Suspended
He was complaining about being nearly broke the other year so maybe his latest grifts have failed and he is genuinely getting poor.
He is just playing the victim card. Which is fooling no one with any experience of this type of area.
Its perfect bait for him with the less able to think for themselves however!
He is just playing the victim card. Which is fooling no one with any experience of this type of area.
Its perfect bait for him with the less able to think for themselves however!
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