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Nigel Farage has been told his accounts at the elite bank Coutts will be closed down and shifted to an account at high street lender NatWest.
The former Brexit party leader last week said that an unnamed “prestigious” bank had shut his accounts and suggested “the establishment” was “trying to force me out of the UK” because of his political views. Farage on Tuesday confirmed that the bank was Coutts.
However, two people close to the situation noted that Coutts — once known as the “Queen’s bank” — had financial eligibility criteria that could explain an account closure: clients are required to save more than £3mn or borrow or invest more than £1mn. NatWest, which is part of the same group, has no such criteria.
One of those people said Farage had redeemed his Coutts mortgage earlier, reducing his business with the bank below…