2 ms·
That has nothing to do with why this is happening.
by l23k4 5mo ago
That has nothing to do with why this is happening.
- joe_mamba 5mo agoWhat's your argument on this? Because nothing that I said is wrong.
- l23k4 5mo agoThe "because" part is wrong. Also, FWIW, countries in the EU don't just get to make their own banking rules. I don't have an argument, you are simply misunderstanding what's happening here. Closing accounts that belong to high risk customers who aren't making you a bunch of money is an entirely normal and legal thing to do. EU solved this a long time ago, you have the right to a "basic payment account". Just not necessarily from the bank of your choice. The accounts closed here were not such accounts.
- joe_mamba 5mo ago> countries in the EU don't just get to make their own banking rules. They 100% do. >Closing accounts that belong to high risk customers who aren't making you a bunch of money is an entirely normal and legal thing to do. It isn't a legal thing to do because they didn't give a reason why. ANd if they do give a reason it must be legal to the local legal framework. Is being in the weapons industry a legal argument by Czech laws to close someone's account?
- l23k4 5mo ago>They 100% do. Not even close. For the most part, they're bound by EU regulations. >It isn't a legal thing to do because they didn't give a reason why. ANd if they do give a reason it must be legal to the local legal framework. Is being in the weapons industry a legal argument by Czech laws to close someone's account? Banks are only obligated to give a reason for closing basic PAD accounts. No such obligation exists for normal bank accounts.