4 ms·
It is to the point that in some country, like France, bank have to ask anybody (even if you are not foreigner) if you are a U.S citizen or have close family who
by maeln 5y ago
It is to the point that in some country, like France, bank have to ask anybody (even if you are not foreigner) if you are a U.S citizen or have close family who are, before opening a bank account.
As far as I know it is to report the creation of the account back to the IRS.
- benhurmarcel 5y agoIn a lot of banks they straight up refuse to open an account if you're a "US person". Especially online banks that compete on low fees.