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The person I replied to is in the EU where rather strict rules exist that prohibit this kind of nonsense.

AnAfrican 2y ago
The basic account thing ? Does that apply to US citizens (legally residing in the EU) that routinely get denied bank accounts because the bank don’t want to deal with the IRS ? May be he probably could bank with LaPoste. Beyond that, I wonder if you really believe that the EU has no Anti-Money Laudering / Counter Finance Terrorism laws.
- the_mitsuhiko 2y ago
  > Does that apply to US citizens (legally residing in the EU) that routinely get denied bank accounts because the bank don’t want to deal with the IRS ? Yes, it applies to every legal resident. > Beyond that, I wonder if you really believe that the EU has no Anti-Money Laudering / Counter Finance Terrorism laws. Why should I not believe this? I know it does.
  - AnAfrican 2y ago
    >Why should I not believe this? Because you don’t believe an EU bank can terminate an account because they’re worried it may trigger an AML/CTF regulation or similar without bothering to really check if it does. *edit : AML/CTF and similar rules have to be exceptions to basic banking rights.
    - the_mitsuhiko 2y ago
      > Because you don’t believe an EU bank can terminate an account because they’re worried it may trigger an AML/CTF regulation or similar without bothering to really check if it does. No, I questioned the particular situation given my personal experience with the Ukrainian war for account holders in Europe, the existing banking regulation around the basic account.
- alexey-salmin 2y ago
  > May be he probably could bank with LaPoste. For the record, I have an official denial letter from LaPoste. Which, by the way, is very nice on their part: many banks refuse to put that in wringing and without a letter it's hard to exercise your droit au compte with the Bank of France.
  - AnAfrican 2y ago
    Ouch. If even LaPoste did it…

The basic account thing ? Does that apply to US citizens (legally residing in the EU) that routinely get denied bank accounts because the bank don’t want to deal with the IRS ? May be he probably could bank with LaPoste. Beyond that, I wonder if you really believe that the EU has no Anti-Money Laudering / Counter Finance Terrorism laws.

the_mitsuhiko 2y ago
> Does that apply to US citizens (legally residing in the EU) that routinely get denied bank accounts because the bank don’t want to deal with the IRS ? Yes, it applies to every legal resident. > Beyond that, I wonder if you really believe that the EU has no Anti-Money Laudering / Counter Finance Terrorism laws. Why should I not believe this? I know it does.
- AnAfrican 2y ago
  >Why should I not believe this? Because you don’t believe an EU bank can terminate an account because they’re worried it may trigger an AML/CTF regulation or similar without bothering to really check if it does. *edit : AML/CTF and similar rules have to be exceptions to basic banking rights.
  - the_mitsuhiko 2y ago
    > Because you don’t believe an EU bank can terminate an account because they’re worried it may trigger an AML/CTF regulation or similar without bothering to really check if it does. No, I questioned the particular situation given my personal experience with the Ukrainian war for account holders in Europe, the existing banking regulation around the basic account.
alexey-salmin 2y ago
> May be he probably could bank with LaPoste. For the record, I have an official denial letter from LaPoste. Which, by the way, is very nice on their part: many banks refuse to put that in wringing and without a letter it's hard to exercise your droit au compte with the Bank of France.
- AnAfrican 2y ago
  Ouch. If even LaPoste did it…