Sex workers are facing increased difficulty accessing basic banking services in the UK due to closures and freezes on their accounts by major banks. This practice is known as debanking, and the country’s Financial Ombudsman’s Service has just reported a 44% year-on-year increase in complaints about the practice. Campaigners say it
Denial of accounts to sex workers by banks raises safety concerns
Sex workers face financial exclusion as UK banks close their accounts, fearing violations of anti-money-laundering rules.