Dutch Banks Must Deal With Cannabis Cafes, Minister Says

dhcdavid

dhcdavid

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Dutch Banks Must Deal With Cannabis Cafes, Minister Says


Drug War Chronicle, Issue #572, 2/13/09

http://stopthedrugwar.org/chronicle/572/dutch_banks_cannabis_coffee_shops

Dutch banks must accept cannabis coffee shops as clients, Dutch Finance Minister Wouter Bos said last Friday. Although Bos cannot force the banks to accept coffee shop accounts, he has asked the Dutch anti-trust authority to investigate, saying it appears the banks are colluding.

The finance minister's action comes as ever more Dutch banks are following the example of ABN Amro bank, which started refusing coffee shop accounts a dozen years ago. Rabobank followed suit, and just weeks ago the Dutch Postbank joined the trend.

The coffee houses are licensed, legitimate businesses in Holland. They are allowed to sell small amounts of marijuana. But the banks are turning down new accounts and terminating new accounts from coffee houses.

Bos said he acted out of fears that if the coffee houses are refused bank accounts, they could turn to criminal sectors for financial services.

 
What the fuck? Since when do banks care about where the money that fills their coffers comes from? These major banks are as devoid of morals as the real illicit drug puhsers! Do these idiots think this will hinder the legal cannabis situation in Holland? There is no reason banks should be allowed to prevent legitimate business from creating bank accounts.
 
Hypocritical assholes. They have no problem dealing with liquor stores. But cannabis is different because it's a DRUG, unlike alcohol.
 
how can the banks differentiate between the money collected from food/drinks and services, and the sale of marijuana? Shouldn't only a part of their money not be accepted? (< last question was a funny, pls dont get offended).
 
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