Do people who are convicted of financial-related crimes (like money laundering) deserve access to banking too? Just curious how absolute this right to banking should be.
Yes, banking is a requirement for proper participation in society, and we definitely want convicted felons to be able to properly participate in society once they get out of prison (otherwise what's the point of letting them out?) so they should deserve access to banking, and in EU they do have that right.
It might reasonable to deny a known fraudster access to credit, but they should have access to a bank account, for example, to make electronic payments for their rent and utilities.
It might reasonable to deny a known fraudster access to credit, but they should have access to a bank account, for example, to make electronic payments for their rent and utilities.