Debanking attack: Are right accounts legal?

Principle of freedom of contract

According to the principle of private autonomy, banks can freely decide who they do with whom they do business. This gives them the freedom to terminate accounts even without specific information, often for fear of loss of image. Especially if a connection to politically sensitive actors or projects is publicly visible. A prominent escalation of this situation is evident in the case of Martin Sellner, a conservative activist who was terminated in total!

Hardly any scope for action against Debanking

Appeals such as the General Equal Treatment Act or the Equal Treatment Act in Austria that prohibit discrimination offer only limited protection. Because according to the law, political views are not among the 'worldviews' worth protecting. The convinced Scientologist cannot be denied any of these remedies, but the patriotic activist. That of banks do not fear a legal dispute, since laws support this action in most cases.

The search for solutions

of course, account closures are not irrefutable. A bank from the right is still the future of the future, but some alternative platforms now have the potential to avoid this grievance. However, political actors need strong considerations to survive in this digital world, since legislation and judiciary currently do not make any institutions to reform this condition. If you don't want to be without a business account at some point, you ultimately have no choice to search for new ways.