Nigel Farage's financial institution has been left red-faced, as clients have forged doubt on the excuse they used for closing the previous MEP's checking account.

Mr Farage had his account with Coutts closed earlier this yr.

Sources near Coutts instructed the BBC that the previous MEP fell under the wealth threshold.

They claimed he was subsequently provided an ordinary account at Natwest, which owns Coutts.

People conversant in Coutts mentioned it was a "commercial" choice.

They added: "The criteria for holding a Coutts account are clear from the bank's website."

Coutts requires its clients to borrow or make investments a minimum of £1m with the financial institution or maintain £3m in financial savings.

But many customers of the prestigious bank said they fell below financial thresholds however, not like Mr Farage, haven't been threatened with account closure.

While Mr Farage didn't dispute the truth that he had fallen under Coutts' monetary threshold, he instructed the BBC: "They didn't have a problem with it for the last 10 years."

The TV character mentioned he contacted seven different banks and was denied accounts.

Writing on Twitter, he referred to as for different individuals affected by an analogous difficulty to "speak out", including: "We have to stop this madness."

Last week, he claimed that others who share an analogous worldview to him face being handled in the identical "stressful" approach.

Mr Farage mentioned the problem "may well fundamentally affect my future career going on from here and whether I could even stay living in this country."

He mentioned: "I have been with the same banking group since 1980. I've had my personal accounts with them since that date, and my business accounts right through the 1990s when I worked in the City of London and in recent years too."

Speaking to the BBC, Mr Farage didn't dispute the truth that he didn't meet Coutts' threshold, however added: "They didn't have a problem with it for the last 10 years."

Mr Farage claimed that one doable clarification is the banks' opposition to Brexit.

He claimed: "These are the organisations who didn't need Brexit to occur. And I feel in my case, most likely the company world won't ever ever forgive me.

"Because they know if I hadn't executed what I did with the assistance of 1000s of individuals in individuals's military, that by no means would have been a referendum, not to mention a victory. I'm the one that's to hold the blame.

"So that's the second possible reason why I can't get a bank account - prejudice that comes from our institution".

Speaking on his GB News present, the Brexiteer added: "It seems to be all one way. It seems to be all against people who have traditionalist or conservative views. There is something totally outrageous going on here."

Coutts has been contacted for remark.