US to access Europeans' bank data in new deal The fact that the US was secretly accessing Swift bank data did not come to light until 2006. The deal gives the

US to access Europeans' bank data in new deal The fact that the US was secretly accessing Swift bank data did not come to light until 2006. The deal gives the US access to bulk data from Swift, a firm that handles millions of bank transactions daily. A German Liberal MEP, Alexander Alvaro, said the deal "will ensure that terrorist financing can be traced back to its sources, but it will not affect day-to-day bank transfers of EU citizens". And the leader of the UK Conservative MEPs, Timothy Kirkhope, said it "sends the right signals about our resolve in fighting terrorism and our commitment to remaining a strong partner of the United States". http://www.bbc.co.uk/news/10552630 http://www.bbc.co.uk/news/10552630