Treasury to toughen debanking rules in the wake of Nigel Farage clash with Nat West to allow consumers to better challenge decisions to close accounts

6 months ago 7

Under new laws expected to come into force next April, consumers will have to be given 90 days notice and a 'clear explanation' in writing of why the action is being taken.

Source: https://www.dailymail.co.uk/news/article-14653057/Treasury-toughen-debanking-rules-Nigel-Farage-Nat-West.html?ns_mchannel=rss&ito=1490&ns_campaign=1490

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