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Old 07-05-2023, 05:07 AM  
DVTimes
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Join Date: Jun 2003
Location: UK
Posts: 31,544
Banks closing accounts

In recent years we have had posts often from those in the USA that accounts of porn people were closed.

I am not sure if people in porn in the UK have had accounts closed.

However in the last few days many with political views in the UK have had bank accounts closed and a huge fuss is being made.

The belief is that banks are closing accounts because of political beliefs, however it must be noted that it could be they are closing accounts because of money loundering rules.

Indeed one reason those in porn may have had banks accounts closed is that porn has had a belief that it is connected with money laundering.

Now I have a feeling things may change and banks may not have the right to do this soon.

It is worth keeping an eye on this as the UK seems to have main branches in London, so if they bring in new rules, this may affect those in the USA.
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