Why Banks Are Suddenly Closing Down Customer Accounts

Re:Why Banks Are Suddenly Closing Down Customer Accounts by svnt on Sunday November 05, 2023 @08:42PM (#38157817)

If you are moving this much money regularly using these means you will be using a private bank which is a completely different experience. Maybe some people get caught in the transition to wealth before private banking but having moved significant amounts of money a few times, the banks generally do not want to hang onto it against your will.

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Re:Why Banks Are Suddenly Closing Down Customer Accounts by pjc50 on Monday November 06, 2023 @05:24AM (#38160785)

I don't like saying this, but the Farage fiasco involved a "high touch" personal private bank, Coutts (now a subsidiary of NatWest)

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Re:Why Banks Are Suddenly Closing Down Customer Accounts by svnt on Wednesday November 08, 2023 @11:04AM (#38192339)

He apparently made the fatal error of being both a terrible person and not wealthy enough at the same time.

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