Require all banks to provide a specific reason for closing a bank account.

Rejected 21 signatures

What the petition asks

We request that the government asks all bank account providers to amend their terms and conditions to include a mandatory clause that requires all banks to provide a specific written report (not generic wording) detailing why a bank account was closed upon written request from the customer.

In an age of ever increasing censorship many independent content creators are being removed from banking services without any warning or reason. These methods of account closure can be subject to internal abuse, staff members with particular ideologies or prejudices may have the ability to close the account of businesses and individuals that they do not like without any reason. This is an unacceptable way to treat a client and the disruption in their day to day business can be catastrophic.

Why it was rejected

It asked for something that is not the responsibility of the UK Government or Parliament.

Decisions around the operation of bank accounts are a matter for individual banks rather than for the Government. If you'd like to make a complaint about your experience, the Financial Ombudsman will be able to help you: https://www.financial-ombudsman.org.uk/

You can also register a complaint at https://www.gov.uk/complain-financial-service

Timeline

19 May 2023	Petition opened for signatures
25 May 2023	Rejected by the Petitions Committee

Key facts

Signatures 21

Status Rejected

Rejected 25 May 2023

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