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> 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, i
by 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.