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From an article with some actual information: > A spokesperson for Bank of America said the bank has to collect that information because they aren’t legally al
by mikelward 8y ago
From an article with some actual information:
> A spokesperson for Bank of America said the bank has to collect that information because they aren’t legally allowed to provide services to people from countries the U.S. has economic sanctions against.
> But the spokesperson said a person who has U.S. citizenship can still use their account even if they are also citizens of a sanctioned country.
http://www.seattleglobalist.com/2018/04/13/bank-asks-about-citizenship/73372 http://www.seattleglobalist.com/2018/04/13/bank-asks-about-c...
See also: https://www.quora.com/All-of-a-sudden-Bank-of-America-is-asking-if-I-have-dual-citizenship-in-the-U-S-and-another-country-They-have-never-asked-that-before-Why-is-the-bank-doing-this https://www.quora.com/All-of-a-sudden-Bank-of-America-is-ask...
- thecosas 8y agoFor reference: https://sanctionssearch.ofac.treas.gov/ https://sanctionssearch.ofac.treas.gov/
- heartbreak 8y agoThis reminds me of the first bullet point here: https://assets.donaldjtrump.com/Pay_for_the_Wall.pdf https://assets.donaldjtrump.com/Pay_for_the_Wall.pdf In what is known as the most heartless plan imaginable for paying for "the wall." > On day 2 Mexico will immediately protest. They receive approximately $24 billion a year in remittances from Mexican nationals working in the United States. The majority of that amount comes from illegal aliens. It serves as de facto welfare for poor families in Mexico. There is no significant social safety net provided by the state in Mexico.
- deleted 8y ago[deleted]
- onion2k 8y agoI guess it depends on your definition of "significant" but there is a social welfare system in Mexico. There are several programmes, and it's helped millions of people - https://en.m.wikipedia.org/wiki/Social_Welfare_in_Mexico https://en.m.wikipedia.org/wiki/Social_Welfare_in_Mexico
- deleted 8y ago[deleted]
- heartbreak 8y agoWould you expect the author of the linked PDF to know that?
- r00fus 8y agoMore importantly would the "build a wall" folks care about any facts or arguments against?
- DanAndersen 8y agoFrom the perspective of impacted Mexican populations I imagine it would seem heartless, but it's not an unprecedented sort of action. Economic sanctions are a common tool of governments and have a similar impact on various populations around the world.
- heartbreak 8y agoEconomic sanctions are not typically enacted specifically to target starving Mexican children.
- rabboRubble 8y agoWorked with an Iranian woman outside of the US for a US bank's overseas division. Was mandatory for salary paychecks to be deposited to a bank account held by the employer. She gave all the account opening paperwork to HR, told them that she would comply once they figured out how to get around the US sanctions against her. Never got resolved and every so often, some HR bot would harass her all over again for the same issue.