Additional information requests from European banks

[Justit]

I see always more often that European banks are sending requests to account holders, including retirees who only receive pensions and use their accounts for utilities and grocery shopping, asking them to explain their account turnover and provide supporting documents. These requests regard both personal and corporate accounts.

It seems that banks often send these inquiries broadly and randomly, even when there is no suspicious activity. What’s striking is how stressed people become when receiving such requests, often without understanding why they were made and how to respond appropriately. I’ve seen cases where individuals began explaining their entire life history and how they earned money in response to a bank inquiry about just a few recent transactions.

While most entrepreneurs are familiar with banking procedures and requests and are prepared for such solicitations, many people who do not run a business or are representatives of such professions as esthetician and hairdresser, for example, remain unaware of them and feel anxious and unsure how to respond when they receive such emails.

Do you think a service that helps people respond to this type of bank requests would be popular today? If so, how could such a service be presented and marketed?

 

[JohnnyDoe]

It has to be part of the EUSSR mass surveillance plan. The pattern is to clear to be only attributable to random curious monkeys. The planners are simply taking advantage of the obedience and stupidity of said monkeys.

Do you think a service that helps people respond to this type of bank requests would be popular today? If so, how could such a service be presented and marketed?

Crypto.

 

[CEO]

Crypto currency in EU, one transaction is enough to ruin the account. Personal experience.

 

[Marty McFly]

Crypto currency in EU, one transaction is enough to ruin the account. Personal experience.

Of course. You don’t need banks for crypto and with little effort today you can live without banks.

 

[CEO]

Of course. You don’t need banks for crypto and with little effort today you can live without banks.

For me and business still depending on fiat and banks, maybe in the future things will change.

 

[Fiscal]

A while back I received a KYC request for a €4 payment I made at a Greek supermarket. I kid you not. I had to answer five questions exentsively and had 30 days to do so, otherwise my account would be blocked. Just a Western European brick-and-mortar bank I've been with since I was a toddler.

Frustrating, but the blame largely lies with the bureaucratic governments that would otherwise impose hundreds of millions of euros in fines if the banks don't fulfill the KYC-requirements.

I think the banks process a series of KYC requests every year.

 

[JohnnyDoe]

The best is when they do the interrogation for money that you received from/sent to yourself

 

[Marty McFly]

The best is when they do the interrogation for money that you received from/sent to yourself

Or when you send to your son abroad and you have to convince the monkeys that not only he is your legitimate son but also that he is not a terrorist or he is not planning to become one

 

[Fiscal]

I just found an old email and it's even worse than I remember:

We have blocked your account until you answer our questions.

Following a periodic transaction check on your Current Account ******, you are receiving this email and we would like to draw your attention to the following.

On this personal account, we see a total transaction volume that deviates from what we expect for such an account. (150 euro was transfered that month)

Referring to the Payment Agreement and Terms, we are obligated to ask you a few questions about these transactions. We are focusing on the incoming and outgoing transactions with the aforementioned parties.

1) Why are you receiving funds from ******
2) What is the destination of the funds transferred to ****? 3) What is the destination of the funds transferred to ****?

We also see a transaction of €3.96 in Greece on July 15, 2024.

4) What is the nature and purpose of this transaction? 🙂ROFLMAO🙂

We would appreciate an answer to these questions as soon as possible, and no later than within three business days, along with copies of supporting documentation (such as invoices or agreements) by replying to this email. If we have not received these by then, we will proceed with closing the accounts.


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🤣 🤣

Mind you, this is one of the biggest banks in said country and I only use my current account for groceries and such shit.

I didn't remember it was this bad, I really need to try to go full crypto only

 

[Justit]

Did the bank accept your answers immediately, or did they continue asking follow-up questions?

 

[CEO]

Did the bank accept your answers immediately, or did they continue asking follow-up questions?

When they ask, it means it's a good bye sign 😂

 

[Fiscal]

Did the bank accept your answers immediately, or did they continue asking follow-up questions?

When they ask, it means it's a good bye sign 😂

I replied to their email with a half assed reply and then called them and asked them wtf they think they're doing. Had a brief convo with one of their monkeys which even had to admit it was stupid indeed. I'm keeping this account open just because but I don't do anything with it anymore

 

[CEO]

I replied to their email with a half assed reply and then called them and asked them wtf they think they're doing. Had a brief convo with one of their monkeys which even had to admit it was stupid indeed. I'm keeping this account open just because but I don't do anything with it anymore

I wish you the best mate