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Banks can only share sars in very limited circumstances. If you went to another bank they, in almost every case, would not know that your previous bank filed a
by kasey_junk 2y ago
Banks can only share sars in very limited circumstances. If you went to another bank they, in almost every case, would not know that your previous bank filed a sar.
- Muromec 2y agoThe bank will however ask why you are switching to them and telling “my account was closed without explanation“ will make them think twice
- kasey_junk 2y agoWe don’t need to invent a mechanism for banks to share bad customer data between each other. There is a whole ecosystem like credit bureaus for bank accounts. But sars being secret has nothing to do with that.