Can My Bank Freeze Or Close My Account If I Join Reform

[gordiescotland1]

Hi there 

I am seriously considering joining Reform political party and you have to pay £25. I only have a debit card linked to my bank account but not a credit card. I'm just a bit worried that my bank may decide it's against their policy to let customers join this political party and close my account. Can they do that? 

[wolf63]

No

[jno]

Farage's own bank account was closed down, so I suppose the answer is yes. But I can imagine the stink if it happened again; so I would go ahead.

[wolf63]

https://www.bbc.co.uk/news/business-66312762

 

[newmodarmy]

 But Farage was with Coutts which is for select clients. It is linked to Nat West so I suppose they might choose not to take him. But I can't see bank bothering about ordinary customers. members being in a party

[davebro3]

It's probably possible covered by their "terms and conditions" but they won't do it.

[barry1010]

No.  "The information supplied by banks, building societies and payment companies suggests that no firm closed an account between July 2022 and June 2023 primarily because of a customer’s political views. The Payment Accounts RegulationsLink is external ban banks or building societies discriminating on this basis."

https://www.fca.org.uk/news/press-releases/fca-sets-out-initial-findings-bank-account-access-and-closures

[MandyMooMoo]

You will be fine,the bank won't care and probably won't even know.

Banks can and do close accounts for a variety of reasons and aren't obliged  to specify why.