3 ms·
The "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 misunders
by l23k4 5mo ago
The "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.