Re:Europeans drain billions from banks, fed up with shrinkin...
by zinekeller on Thursday May 04, 2023 @10:34PM
(#35824633)
Sounds like it. Non-US person but also not an EU citizen (or EEA or Swiss or even British) and... apart from the negative rate (which is true), I honestly never encountered unceremoniously closing accounts while Americans complain it all the time (and they usually know it's because of FATCA - they also wish it was gone but they don't make the decisions: Americans at home are the ones deciding that they really want to see everone's account in the name of tax evasion).
Re:Europeans drain billions from banks, fed up with shrinkin...
by biztos on Thursday May 04, 2023 @11:31PM
(#35824902)
Yes, but my banks all know that. So far the only one to kick me out is Commerzbank and they didn’t give a reason, but I suspect it was that reason.
But generally speaking, my European friends all have an animosity towards banks I have not seen in other countries.
[1] https://ellentimmer.com/2020/08/04/fatca-30/