The former Brexit Party leader has claimed 'the establishment' have closed his UK bank accounts as part of a conspiracy to force him out of the country.
The BBC has now reported that Farage's financial assets fell below the threshold required to hold Coutts bank account and that he was offered a normal account at Natwest which owns Coutts.
Morgan tweeted: "As a Coutts client myself, I suspected this might be the real story. Need to borrow a few quid, @Nigel_Farage?"
— Piers Morgan (@piersmorgan) July 4, 2023
Coutts customers are required to borrow or invest a minimum of £1million with the bank, or have savings of at least £3m.
GB News presenter Farage has claimed he’s been with the same banking group – which he isn’t naming yet – since 1980, but now they are closing his accounts.
He alleges someone from the bank in question told him it was a “commercial decision” and that he has now been turned down by seven banks after applying to open a personal and business account with them.
Farage said: “There is nothing irregular or unusual about what I do. The payments that go in and come out every month are pretty much the same.
“This is serious political persecution at the very highest level of our system.
“If they can do it to me, they can do it to you too.”
He later said on GB News that the bank in question had offered him a personal account with in the banking group division but not a business account, and again suggested he might move abroad.
Former tabloid newspaper editor and Britain's Got Talent judge Morgan, 58, was forced to quit his high-paid job hosting Good Morning Britain in 2021 after saying he did not believe claims made by Meghan Markle about her mental health and suicidal feelings in the interview with Oprah Winfrey.
He is believed to have signed a lucrative deal to host his own show Piers Morgan Uncensored on TalkTV. The show has around 30,000 regular viewers.
Watch: Judge in Mirror Group phone hacking trial asks whether Piers Morgan should have appeared