PETITIONRejectedPetition · petition.parliament.uk
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.
Last fetched 03 May 2026 · petition.parliament.uk
Signatures
7
signatures
Government response threshold (10,000) · 7/10,000
Debate threshold (100,000) · 7/100,000
Background
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.