Banks have been accused of "corporate slut-shaming" for refusing financial services to sex workers, with NAB singled out as "absolute worst hypocrites".
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Victorian MP David Limbrick says a number of banks have contacted sex workers in recent weeks to tell them their accounts have been cancelled and to take their business. NAB stopped servicing brothels and escort agencies earlier this year to comply with anti-money laundering laws, bringing it into line with all other major banks, a spokeswoman for NAB told AAP.
Rachel Payne from adult industry body Eros Association said the majority of complaints they receive relate to banks. Complaints have included refusal of service, higher-than-usual fees for business and workers have also been denied personal loans and refused mortgage applications.
Without proper access to banking services, it is almost impossible to operate". Home News National. The Liberal Democrat said sex shop workers were also being discriminated.
Banks blamed for sex worker 'slut-shaming'
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