Rejected petition Banks Must Give Clear Reasons and Appeal Rights When Closing Accounts
Require banks to provide clear written reasons for account closures, give customers reasonable notice, and guarantee a fair right of appeal reviewed independently. Ensure regulatory oversight so lawful individuals and businesses are not denied banking services without transparency or due process.
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Introduce legal requirements forcing banks to give clear, specific written reasons when closing customer accounts, except where strictly prohibited by law. Customers must receive reasonable notice and have a guaranteed right to appeal through an independent review. Regulators should oversee closures to prevent unfair, arbitrary, or discriminatory financial exclusion of lawful individuals and businesses.
This petition was rejected
Why was this petition rejected?
It’s not clear what the petition is asking the UK Government or Parliament to do.
This change may already be covered by announced Government action: https://www.gov.uk/government/news/millions-of-people-and-businesses-protected-against-debanking
If the action you are seeking is not covered by this announcement you can submit a new petition, explaining what you think the Government should do differently.
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