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(Telegraph-UK) Camilla Turner - The Palestine Solidarity Campaign (PSC) in the UK has had its accounts closed by the Co-operative Bank over fears that it may be inadvertently funding terrorism. The bank had requested that PSC carry out "advanced due diligence checks" on their accounts to ensure that funds do not "inadvertently fund illegal or other proscribed activities." It was "not possible to complete these checks to our satisfaction and the decision to close a number of accounts, including the PSC and some of its affiliates, is an inevitable result of this process."2015-12-01 00:00:00Full Article
UK Bank Closes Accounts of Palestine Solidarity Campaign
(Telegraph-UK) Camilla Turner - The Palestine Solidarity Campaign (PSC) in the UK has had its accounts closed by the Co-operative Bank over fears that it may be inadvertently funding terrorism. The bank had requested that PSC carry out "advanced due diligence checks" on their accounts to ensure that funds do not "inadvertently fund illegal or other proscribed activities." It was "not possible to complete these checks to our satisfaction and the decision to close a number of accounts, including the PSC and some of its affiliates, is an inevitable result of this process."2015-12-01 00:00:00Full Article
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