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. Banks have the right to close a customer’s account in the same way that a person can choose to shut their own account. The Financial Conduct Authority said it is in talks with NatWest over the matters brought to light by Nigel Farage’s Coutts account being closed (Alamy/PA)– What rights do customers have? People in the UK also have the right to open a basic bank account if they do not qualify for a standard current account. Senior Conservative MPs have piled pressure on NatWest – which is still part-owned by the taxpayer – over its closure of Mr Farage’s Coutts account.

Source: The Times July 20, 2023 13:19 UTC