@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