8 ms·

Not sure about other countries, but I ran into this in Romania. I was very surprised, I asked the bank teller about it and she said that generally people react

Not sure about other countries, but I ran into this in Romania. I was very surprised, I asked the bank teller about it and she said that generally people react pretty badly to this policy and give some very nasty obviously false information about transactions. I was withdrawing some money, so she told me that when asked about the reason for withdrwals they say stuff like: 'going to burn the whole pile of cash in my backyard', 'this is just for a photo shoot so I'll bring the money back' or the classic: 'going to spend it on prostitutes'. She also told me that half the people say 'I found the money walking down the street' when asked during deposits. It's very stupid and I'm not sure exactly how this can be used to build a proper suriveillance infrastructure. I mean it's not like I'm under oath when I provide 'details' about the transactions.

wojciii 3y ago
I will be switching banks after this recent experience with Nykredit (the bank being a bit unreasonable in my situation).. and will remember to use same kind of answers. :) The penalty is having to find a different financial institution.
ByThyGrace 3y ago
> or the classic: 'going to spend it on prostitutes'. So you would infer, from OPs questions, that they have been entering dodgy, snarky, or perhaps even too honest reasons in their transaction forms? Not judging here, but what if OP did in fact spend a few hundred on an escort service and was 100% sincere about that, to their bank. And then the bank did not believe it, because of the behavioral statu quo of other bank clients. And now the bank is all "You are not funny at all, tell us the truth". Now, the laws allow banks to thoroughly pursue their investigation until they conclude "This client actually spend a few hundred in prostitutes". And because of the statu quo (and the laws that originated it) everyone up the investigative chain gets to know about it.
- dkek 3y ago
  [dead]

wojciii 3y ago

I will be switching banks after this recent experience with Nykredit (the bank being a bit unreasonable in my situation).. and will remember to use same kind of answers. :) The penalty is having to find a different financial institution.

ByThyGrace 3y ago

> or the classic: 'going to spend it on prostitutes'. So you would infer, from OPs questions, that they have been entering dodgy, snarky, or perhaps even too honest reasons in their transaction forms? Not judging here, but what if OP did in fact spend a few hundred on an escort service and was 100% sincere about that, to their bank. And then the bank did not believe it, because of the behavioral statu quo of other bank clients. And now the bank is all "You are not funny at all, tell us the truth". Now, the laws allow banks to thoroughly pursue their investigation until they conclude "This client actually spend a few hundred in prostitutes". And because of the statu quo (and the laws that originated it) everyone up the investigative chain gets to know about it.

dkek 3y ago
[dead]