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That's a false analogy. No one forces you to stay with your bank. If you are an EU citizen, you can open an account in any other EU country. Mastercard was forc
by jhrmnn 8y ago
That's a false analogy. No one forces you to stay with your bank. If you are an EU citizen, you can open an account in any other EU country. Mastercard was forcing merchants to only use banks within their respective countries.
- chrismeller 8y agoIn point of fact my bank is German, but because I’m in Estonia I’m regulated (in their mind) by the Estonian TOS I signed.
- jhrmnn 8y agoWhich is necessary because each EU country still has its own local laws, which the local T&C must abide. If you travelled to Germany and opened a bank account at a local branch, you’d get German T&C.