A lot of this is induced by US regulations also. If you don't comply with these regulations, then you can't interact with the US banking system, even if you do

A lot of this is induced by US regulations also. If you don't comply with these regulations, then you can't interact with the US banking system, even if you do not have any presence in the USA. If you're a bank of almost any size, your going to need US banking access. It's not personal, it's algorithmic. Switching banks is not going to solve this for you, since every bank that interacts with the economy you live in will have to interact with these laws. Some are more of a pain about it than others although. Like venmo in the USA temp freezes your account if you put "iranian food" and insists you put descriptions for your transactions, while other p2p cash transfer services in the usa do not insist on transaction descriptions for example. AML is the least effective policy out there, costing more than it recovers by a large amount and causing a lot of collateral damage to the poor, but there is an entire industry funded by it so thus it continues. https://www.tandfonline.com/doi/full/10.1080/25741292.2020.1725366 https://www.tandfonline.com/doi/full/10.1080/25741292.2020.1...