Mastodawn

@PatrickoftheG Well, many #fascist places alread ban #masking, and.whether you like it or not, #BankingSecrecy has been dead for decades, with 9/11 and "#CTF" as well as "#AML" being the most used #FalsePretense to mandate #KYC.

Given that #Australia isn't on the #FATF's 'shitlist' it's pretty clear it has and does enforce stringent "KYC" per law and in practise.
- Anonymous "Number Accounts" got criminalized ages ago.
- "KYC" may also utilize multiple vectors beyond mere #ID copies.

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Kevin Karhan

Feb 22, 2025

@yacc143 @javi @AuswaertigesAmt @Bundesregierung which is of no concern since #Germany does have #BankingSecrecy, #FATCA only applies to #US citizens and a lot of consumer banks are #Cooperatives who themselves are not on the #SWIFT, but #SEPA system, so no way for the #USA to veto that!

And yes, #BasicAccounts as per @BaFin apply to everyone who is ib Germany regardless of status (i.e. Tourist, Asylum Seeker, Homeless, Citizen or Wageworker)...

https://www.bafin.de/EN/Verbraucher/Bank/Produkte/Basiskonto/basiskonto_node_en.html

Basic payment account

In principle, all consumers legally residing in the European Union are entitled to hold a basic payment account under the German Payment Accounts Act (Zahlungskontengesetz – ZKG). This includes persons without a permanent place of residence and asylum seekers. Persons without a residence permit who cannot be deported due to legal or factual reasons (persons with a suspension of deportation) are also entitled to hold such an account.

BaFin