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Coutts VS Nigel Farage

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Wisbech Eagle Flag Truro Cornwall 05 Aug 23 11.26am Send a Private Message to Wisbech Eagle Add Wisbech Eagle as a friend

Originally posted by NEILLO

You didn't read my post on this subject then, because you are totally wrong.

I read your post about your personal experiences. Did you notice my "if"?

 


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Wisbech Eagle Flag Truro Cornwall 05 Aug 23 11.28am Send a Private Message to Wisbech Eagle Add Wisbech Eagle as a friend

Originally posted by cryrst

Unlike you then !

On whom do you think I have cast aspersions?

Any comments I have made are about things in plain view.

 


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Wisbech Eagle Flag Truro Cornwall 05 Aug 23 11.35am Send a Private Message to Wisbech Eagle Add Wisbech Eagle as a friend

Originally posted by Teddy Eagle

In an article about debanking with the headline "UK banks are closing more than 1000 accounts a day" and subhead "data shows a big jump in customers being debanked", isn't it clear who's closing them?

No. That could be a typical deliberately misleading headline. When I was a boy the Express had a front page headline which read "Boy falls off 200 ft cliff and survives". What it didn't say was he had climbed 20 feet up from the bottom! Sells newspapers. I only knew the truth because that boy lived opposite me.

 


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Wisbech Eagle Flag Truro Cornwall 05 Aug 23 11.40am Send a Private Message to Wisbech Eagle Add Wisbech Eagle as a friend

Originally posted by NEILLO

Wrong again.
PEPS also include family members. Here's the definition ;

This definition is extended to include family members and known close associates of a PEP. These are commonly called RCAs – Relatives or Close Associates and the rules that apply to PEPs apply also to RCAs. Family members include spouses, partners, parent, sibling, child, partner, or spouse of the child

Fair enough. I stand corrected.

Would that automatically mean all the RCA accounts would also be closed alongside the main PEP one? Or could they be left in place?

 


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Teddy Eagle Flag 05 Aug 23 11.41am Send a Private Message to Teddy Eagle Add Teddy Eagle as a friend

Originally posted by Wisbech Eagle

No. That could be a typical deliberately misleading headline. When I was a boy the Express had a front page headline which read "Boy falls off 200 ft cliff and survives". What it didn't say was he had climbed 20 feet up from the bottom! Sells newspapers. I only knew the truth because that boy lived opposite me.


De-banking, also known within the banking industry as de-risking, is the closure of people or organizations' bank accounts by banks

What's your definition?

 

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NEILLO Flag Shoreham-by-Sea 05 Aug 23 11.50am Send a Private Message to NEILLO Add NEILLO as a friend

Originally posted by Wisbech Eagle

No. That could be a typical deliberately misleading headline. When I was a boy the Express had a front page headline which read "Boy falls off 200 ft cliff and survives". What it didn't say was he had climbed 20 feet up from the bottom! Sells newspapers. I only knew the truth because that boy lived opposite me.

Or not.

That's hardly a stand up argument, more of a reflection of your particular stance on this subject.

 


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NEILLO Flag Shoreham-by-Sea 05 Aug 23 11.54am Send a Private Message to NEILLO Add NEILLO as a friend

Originally posted by Wisbech Eagle

Fair enough. I stand corrected.

Would that automatically mean all the RCA accounts would also be closed alongside the main PEP one? Or could they be left in place?

I've no direct experience of that scenario.

I can see an argument for closing the RCA's accounts as well, but I suspect that would depend on how big a risk they are considered to be.

 


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Teddy Eagle Flag 05 Aug 23 11.56am Send a Private Message to Teddy Eagle Add Teddy Eagle as a friend

Originally posted by NEILLO

Or not.

That's hardly a stand up argument, more of a reflection of your particular stance on this subject.

Or it could be the Guardian sticking up for their poster boy Farage as usual.

 

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Badger11 Flag Beckenham 05 Aug 23 12.03pm Send a Private Message to Badger11 Add Badger11 as a friend

Originally posted by Wisbech Eagle

Fair enough. I stand corrected.

Would that automatically mean all the RCA accounts would also be closed alongside the main PEP one? Or could they be left in place?

Several MPs have complained that their family members have been unable to open accounts or get mortgages because the MP was a PEP.

Talk about sins of the father.

Banks have an incredibly privileged position, they know that they will be backed by the taxpayer and yet they pay scant attention to their public obligations e.g. closing account and branches.

If they want to be able to so what they like then fine the government should tell them they will no longer be supported when (and I mean when not if) they get into trouble.

 


One more point

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Wisbech Eagle Flag Truro Cornwall 05 Aug 23 12.10pm Send a Private Message to Wisbech Eagle Add Wisbech Eagle as a friend

Originally posted by NEILLO

He was debanked for his '' controversial '' opinions. Yes, they could equally have been left wing.

Controversial that is in Coutts opinion - they were not are are not seen as controversial by a good percentage of the population. And that's what enables the Discrimination card.

Surely though it's Coutts decision and not that of any "good percentage of the population". The latter can feel upset and decide they want nothing more to do with Coutts if they wish. That's their decision, which could make Coutts own look very foolish, but still their's to make, so long as they don't discriminate between different types of controversial opinions. Which you acknowledge they don't.

 


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Wisbech Eagle Flag Truro Cornwall 05 Aug 23 12.13pm Send a Private Message to Wisbech Eagle Add Wisbech Eagle as a friend

Originally posted by Teddy Eagle


De-banking, also known within the banking industry as de-risking, is the closure of people or organizations' bank accounts by banks

What's your definition?

De-risking seems perfectly accurate to me.

 


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Wisbech Eagle Flag Truro Cornwall 05 Aug 23 12.14pm Send a Private Message to Wisbech Eagle Add Wisbech Eagle as a friend

Originally posted by NEILLO

Or not.

That's hardly a stand up argument, more of a reflection of your particular stance on this subject.

No doubt an enquiry will reveal the actual numbers.

 


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