Some are already avoiding doing business with US clients, so much so that US citizens living in Switzerland find it extremely difficult to open a bank account or get a mortgage.

BBC: Swiss banks' unease over Wegelin

State Bank of India, in turn, would open an account with EIH through which oil firms could pay Iran, the official said.

FORBES: Thinking Long Term on India and Iran

From now on, whenever inflation is one percentage point above or below the target, the Bank will have to account for this in an open letter to the chancellor, and say what it is doing to put matters right.

ECONOMIST: Taking aim

"Many of the most vulnerable are denied access to a bank account in the first place, or unfairly penalised when they open one, " Teresa Perchard, Citizens Advice director of policy, said.

BBC: A cheque being written

Boka was subsequently apprehended at a Bank of America branch in Kennesaw, GA, when she attempted to open an account with a bogus Hungarian passport.

FORBES: Hungarian Bonnie And Clyde Without Guns Hit Bank Of America And eBay

The UK driving licence has taken on more importance as an identity document and, in addition to driving, can be used to take a domestic flight, open a bank account, prove age or gain credit.

BBC: Driving licence law change 'to halt illegal trade'

Despite the varying prohibitions, some Shariah banks find creative ways to make the equivalent of market interest rates by other means, such as by pegging debtor repayment rates to his or her future profits, or when a bank offers a "hibah, " or gift to those who open an account in essence a way of attracting new customers in lieu of interest accruals on savings.

CENTERFORSECURITYPOLICY: Center For Security Policy