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Bank Services: Non-governmental Organisations

Question for HM Treasury

UIN HL4293, tabled on 7 December 2015

To ask Her Majesty’s Government what advice they have given to banks concerning closing bank accounts of those NGOs supporting the Palestinians.

Answered on

21 December 2015

The Government does not advise banks around the closure of bank accounts of NGOs: it is for a bank itself to decide whether or not to offer products or services to certain individuals or groups, and it would not be appropriate for the Government to seek to control the commercial decisions of banks and other financial institutions, nor compel them to make a specific decision about a bank account. Banks take such decisions taken in accordance with their business strategies, risk appetite and legal and regulatory requirements.

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