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Nigel Farage fell below the financial threshold required to hold an account at Coutts. (www.bbc.co.uk)

submitted 1 year ago by [email protected] to c/[email protected]

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TLDR 🤖

Nigel Farage, former leader of the UK Independence Party and Brexiteer, had his bank account at Coutts, a private bank for the wealthy, closed due to not meeting the required financial threshold. Farage suggested the closure was politically motivated. However, insiders familiar with the situation stated it was a commercial decision. Coutts requires customers to borrow or invest at least £1m, or hold £3m in savings. Farage was offered a standard account at NatWest, the owner of Coutts, but disputes the timing of this offer. He also reported that attempts to open accounts with other banks were unsuccessful, citing his status as a "Politically Exposed Person" (PEP) as the reason for rejections. The exact cause of the Coutts account closure remains a point of contention between Farage and the banks.

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[–] [email protected] 11 points 1 year ago (5 children)

He said that losing his bank account was the equivalent of being a "non-person" and that the decision may "fundamentally affect my future career and whether I can even go on staying living here in this country".

Don't worry Nige, you can always move to some other EU country ... oh wait ... no you can't.

[–] [email protected] 12 points 1 year ago (4 children)

Yes he can because his wife's German and they all have German passports. One rule for me another for thee. Hopefully he fucks off soon the pint swilling inbred chinless fuckface.

[–] [email protected] 2 points 1 year ago (2 children)

Well even if he moves I doubt that he would be staying with his wife. They have basically been living separate lives for a good few years now (at least thats my understanding). I doubt she'd have him.

[–] patsharpesmullet 3 points 1 year ago (1 children)

AFAIK a Maltese passport is easy enough to obtain with a bit of cash.

[–] [email protected] 1 points 1 year ago

Although by the article that whole cash thing seems a bit of a problem for him rn

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