debanking

Verb

debank (third-person singular simple present debanks, present participle debanking, simple past and past participle debanked)

1. (transitive) To deprive a person or organization of banking services, especially for political reasons.
   • Ms Juric said as well as debanking her business, banks had also debanked her personal accounts and the accounts of people she was related to or lived with.2021 September 8, Sarah Danckert, “Bitcoin Babe refused by 91 banks, put on terrorism watchlist, ‘bullied’ by Austrac”, in The Sydney Morning Herald

   Synonyms:

   unbank

2. (ambitransitive) To cease or cause to stop operating as a bank.
   • Oil Company of Texas [was] a company with which the Board had been feuding for two years over its efforts to “debank” its subsidiary bank by purporting to abandon demand deposit-taking.1985, John D. Hawke, Jr., Commentaries on Banking Regulation, →ISBN, page 394

   Synonyms:

   unbank