Re:Why Banks Are Suddenly Closing Down Customer Accounts
by expertentipp on Monday November 06, 2023 @07:19AM
(#38161571)
When once I was deregistered from an address (Abmeldung), the German bank instantly went apeshit hysterical with "Are you American?" letters. At least half dozen of them ignoring all of my previous responses or feedback. Of course I have nothing to do with US and none of my personal details indicate that I do, I'm fully EU person.
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Re:Why Banks Are Suddenly Closing Down Customer Accounts
by jacquesm on Monday November 06, 2023 @07:25AM
(#38161622)
Indeed. US citizens moving to the EU regularly run into the fact that their citizenship makes it much harder to get a bankaccount (and sometimes even impossible). It's probably the biggest driver in people giving up their US citizenship (that and the ridiculous taxation rules).