debank

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.

Both of our organizations have had recent run-ins with debanking. The National Committee for Religious Freedom (NCRF)—a nonprofit advocacy group that exists to defend the right of everyone in America to live out their faith freely—opened a JPMorgan Chase checking account last April. A few weeks later, the bank shut down the account without explanation.

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.

After some years in which ING Group received dispensation from the US government it will now start to ‘debank’ (giving back its banking licence) its business in the US.