The CEO of the Cordoba foundation, Anas Altikriti, has had his bank account closed two weeks after it was placed under review by UK bank Barclays. The bank, which had closed down Altikriti's credit cards prior to the account closure, has failed to issue an explanation as to why the accounts were terminated. According to Altikriti, three credit cards and two bank accounts were withdrawn, with the decisions coming after Barclays solicitors had told his solicitors that a "substantive" response would be made by the end of this week. Why do banks close customer accounts? "Debanking" occurs when a bank closes an account because it is deemed risky. This can occur for a numb
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