Treasury writes to FCA over frozen bank accounts

The Chair of the Treasury Committee, Rt. Hon. Mel Stride MP, has written to Nikhil Rathi following press reports that NatWest might have frozen the accounts of some customers on low incomes without good reason. The letter asks:

1.  whether the FCA believes this is a widespread problem across the banking sector; and
2.  how it can ensure that banks treat customers fairly in relation to the freezing of accounts.