Basic business banking could come for professions like sex work

Dutch banks are researching whether they can offer basic banking facilities for professions such as sex workers, suggests a report from the Dutch Banking Association. Some entrepreneurs reportedly find it impossible to open a normal business bank account, and in 2021, clients were turned down 2,700 times it says, citing figures from De Nederlandsche Bank. Banks are subject to laws on money laundering and the prevention of terrorism, and institutions such as ABN AMRO and ING have been subject to...