nullptrMar 10

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

https://lemmy.world/post/44073145

"US Person": is a red flag for financial institutions in Europe - Lemmy.World

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

Show threadthespcicifcoceanMar 10

american in europe here,

this is true. it’s very nearly impossible to open a bank account. There is exactly one bank in Switzerland who allows americans to open accounts, UBS. So far no banks in france have allowed me to open an account, even though I have a french residency permit. This makes it nearly impossible to take loans to buy things like houses or cars. Basically life here is impossible because being american fucking sucks.

Show threaddiscocactusMar 10
Open an account at Service CU out of NH. Designed to work in Europe (IBAN, free foreign ATMs, etc). Everyone who works for the state department gets it, and afaik it’s open to the public.
Show threadthespcicifcoceanMar 10
iban thing is nice, do you know if you can finance cars or homes? right now i have to have to drive around a beater because no european bank = no loan
Show threadEat_Your_PaisleyMar 10
I’ve used ServiceCU for more than 20 years and yes you can buy cars and such through them
Show threadthespcicifcocean
thanks! I’m going to check them out.
Mar 10 at 1:04pmWeb