Skip To Content
JEWISH. INDEPENDENT. NONPROFIT.
Breaking News

German Bank Closes Account of Pro-BDS Group

Germany’s branch of the BDS movement may have been forced to give up its bank account used for fundraising, according to a report in The Jerusalem Post.

Jurgen Eikenbusch, spokesman for DAB Bank Munich, told JTA Thursday that he could not confirm that a decision had been made about the account of the BDS-Kampagne named in the Jerusalem Post article from Tuesday. But he said the bank took the information it received about the group “very seriously” and would take, “if necessary, the corresponding measures.”

In general, the bank can terminate accounts without explanation, giving a client 60 days’ notice. Accounts with proven illegal activity can be terminated more quickly.

German law does not bar anti-Israel campaigning unless it specifically calls for death to Jews or destruction of Israel.

But DAB is a subsidiary of BNP Paribas in France. In France, boycotting a nation or its citizens is a hate crime, and the country’s highest court recently upheld the conviction of anti-Israel boycott promoters on charges of inciting hate or discrimination.

According to the Jerusalem Post, last September, the Commerzbank in Germany closed a pro-BDS account connected to groups that call for Israel’s destruction. But the bank did not specify why it had closed the account.

The BDS-Kampagne’s website still lists its bank account at DAB.

A representative of the movement in Germany could not be reached by phone and did not respond to an email query.

I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward’s award-winning journalism this Passover.

In this age of misinformation, our work is needed like never before. We report on the news that matters most to American Jews, driven by truth, not ideology.

At a time when newsrooms are closing or cutting back, the Forward has removed its paywall. That means for the first time in our 126-year history, Forward journalism is free to everyone, everywhere. With an ongoing war, rising antisemitism, and a flood of disinformation that may affect the upcoming election, we believe that free and open access to Jewish journalism is imperative.

Readers like you make it all possible. Right now, we’re in the middle of our Passover Pledge Drive and we still need 300 people to step up and make a gift to sustain our trustworthy, independent journalism.

Make a gift of any size and become a Forward member today. You’ll support our mission to tell the American Jewish story fully and fairly. 

— Rachel Fishman Feddersen, Publisher and CEO

Join our mission to tell the Jewish story fully and fairly.

Only 300 more gifts needed by April 30

Republish This Story

Please read before republishing

We’re happy to make this story available to republish for free, unless it originated with JTA, Haaretz or another publication (as indicated on the article) and as long as you follow our guidelines. You must credit the Forward, retain our pixel and preserve our canonical link in Google search.  See our full guidelines for more information, and this guide for detail about canonical URLs.

To republish, copy the HTML by clicking on the yellow button to the right; it includes our tracking pixel, all paragraph styles and hyperlinks, the author byline and credit to the Forward. It does not include images; to avoid copyright violations, you must add them manually, following our guidelines. Please email us at [email protected], subject line “republish,” with any questions or to let us know what stories you’re picking up.

We don't support Internet Explorer

Please use Chrome, Safari, Firefox, or Edge to view this site.