N v Royal Bank of Scotland

Queen's Bench Division (Commercial Court) [2019] EWCA 1770 (Comm), Mr Justice Robin Knowles, 30-31 January, 1, 5-7, 11-14, 18-21, 25-28 February, 6-7 March; 8 July 2019

Banking - Bank accounts - Freezing of accounts - Termination of relationship - Money laundering - Proceeds of Crime Act 2002, section 338(4A)

This decision is another example of a bank successfully defending a claim brought by a customer for refusing to process payments where the bank had sought to comply with money laundering obligations. While this decision is very much one on its facts, it is interesting for at least three reasons: