Nigel Farage’s friendship with Donald Trump and attacks on King Charles were reasons his bank account was shut

NIGEL Farage’s friendship with Donald Trump and attacks on the King were reasons his bank account was shut, documents showed last night.

The ex-Brexit Party boss said it showed Coutts closed it for political reasons even though he had the required cash.



LONDON, ENGLAND - JUNE 27: Nigel Farage attends The TRIC Awards 2023 at Grosvenor House on June 27, 2023 in London, England. (Photo by Mike Marsland/WireImage)
Nigel Farage’s friendship with Donald Trump and attacks on the King were reasons his bank account was shut, documents showed last night

LAS VEGAS, NEVADA - JULY 08: Former United States President Donald Trump attends the UFC 290 event at T-Mobile Arena on July 08, 2023 in Las Vegas, Nevada. (Photo by Chris Unger/Zuffa LLC via Getty Images)
The bank’s justification for closing Farage’s account included his friendship with former US president Donald Trump

He claimed they said he had shown “commentary and behaviours that do not align with the bank’s purpose and values”.

The bank’s justification included his friendship with the ex-US president and criticism of the King.

His friendship with tennis champion Novak Djokovic and his opposition to Net Zero were also mentioned.

At least 36 pages of background briefings show the bank went to huge lengths to find reasons to cut off his account – trying to link him to Russia and climate change denial.

Mr Farage said: “The decision to close me down was made at a meeting on November 17th last year on the wealth reputational risk committee.

“They decided once the small mortgage I had with them expired in 2023 they would get rid of me — even though I met the financial criteria.”

The bank had even recently downgraded him from a “higher risk politically exposed person” to a lower risk.

Coutts said: “Decisions to close accounts are not taken lightly and take into account factors including commercial viability, reputational considerations, legal and regulatory requirements.”

Mr Farage accused the bank of moving towards a “China-style social credit system where our freedoms are gone”.


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