You Should Know@lemmy.world · 8 hours ago

"US Person": is a red flag for financial institutions in Europe

167

"US Person": is a red flag for financial institutions in Europe

nullptr@lemmy.world to

You Should Know@lemmy.world · 8 hours ago

I saw some posts about american wanting to move to Europe; so just before you guys make the move, double-triple check insurances/banks, because literally every time I (not american) do smth financially related in France, they ask me if I am american? If yes, they won’t even open accounts/ give me insurance etc… Sounds discriminatory but apperently because legal

I dont know if that expands to any other field

EDIT: lol i am now wondering what are people are downvoting for? You dont like that fact, so you downvote whoever told you that fact? Some reactions are hilarious

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booly@sh.itjust.works
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6 hours ago
Lots of non-American banks don’t want to deal with the rules, so it’s easier for them to just say that they won’t open accounts for Americans.

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