Campaigners have slammed banks for 'waging' war on Britain's adult industry by closing and freezing the accounts of sex workers and escorts. Financial firms have been warned they could be making sex workers more vulnerable to being exploited financially by denying them access to banking services.
One woman who works in the adult industry has claimed that her savings accounts have been frozen or cancelled 15 times by banks as a result of how she earns a living. It comes after the issue of debanking was brought into the public eye by Nigel Farage , after the politician had his account closed by private bank Coutts.
However, the issue is believed to also affect thousands of ordinary people and business, including the adult industry which sees more than 72, people make money through selling sexual services.
The issue of bank account closures was thrust into the public eye when Nigel Farage had his account with private bank Coutts closed last year. Sex workers are being discriminated against by being subject to unfair bank account closures, campaigners have said. Pictured: A stock image of a sex worker talking to a person through a car window.
The vast majority of the people in this industry are women, one of whom has launched a petition demanding MPs ensure they have access to banking services. It has since gained 11, signatures.
