Banca Etica temporarily suspends A/I bank account
Autistici/Inventati’s Press Release, 2 September 2026
Let’s start from the beginning.
Following the designation of A/I Collective and Associazione AI ODV [ODV: nonprofit organization legally recognized in Italy] as Specially Designated Global Terrorist, Banca Etica, through a series of phone calls, communicated the temporarily suspension of the Association’s bank account, effective from Tuesday, September 9, 2026, at 9:00 AM (Italian time). The follow-up formal communication regarding the precautionary suspension of the account pending verification was delivered in written form only at 1:00 PM. Later on the same day, at 4:00 PM, the bank representatives met with Associazione AI ODV legal team.
During this meeting, Banca Etica confirmed that the temporary suspension of the account will stay in place at least until they receive a response to the inquiries they forwarded to the Italian Ministry of Economy and Finance (MEF), the Italian Banking Association (ABI), and the Italian National Association of Cooperative Banks (Assopopolari), as well as to external legal consultants. Thus far, Banca Etica did not communicate any intention to reinstate the account.
Our position on this matter does not change: Banca Etica’s decision to restrict the account in the absence of a legally binding request is excessive both in terms of over-compliance and with respect to the US designation itself. We thus demand our account to be immediately reinstated in full.
Are Banca Etica and associated financial, economic, and political institutions willing to submit to the arrogance of extra-judiciary decisions and political bullying of a third country that bears no jurisdiction over them? This is the time for words of solidarity to be matched by concrete actions. The alternative is to choose to be subordinated to the United States.
Autistici/Inventati Collective
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