tag:blogger.com,1999:blog-2424131704277823220.post7905204759202993026..comments2023-09-23T11:16:00.352+02:00Comments on The Franco-American Flophouse has moved: French Law and Basic Banking ServicesVictoria FERAUGEhttp://www.blogger.com/profile/16319699673885400472noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-2424131704277823220.post-90006076293625595272013-07-01T19:06:57.758+02:002013-07-01T19:06:57.758+02:00My personal experience concerns not outright refus...My personal experience concerns not outright refusal of banking services, but a hell of a lot of sudden harassment from the bank I'd been with for about 40 years - since I started working here in France. Things like repeated requests for the same information - which the bank didn't even need to ask me for since my salaries go right into the account, refusal to provide me with receipts for all the (superfluous) information I repeatedly provided anyway, refusal to answer my questinos and, utlimately, complaints concerning poor service which other people I know banking with the same bank were never bothered with...etc. There's such a thing as pressure, but never so obvious so as to permit a due process complaint to the Banque de France. THIS IS THE DEVIOUS FORM, NOT OF OUTRIGHT REFUSAL, BUT OF REAL DISCOURAGEMENT TO CONTINUE BANKING WITH THAT BANK. Rosy thte Riveternoreply@blogger.comtag:blogger.com,1999:blog-2424131704277823220.post-24674038203634721232013-06-29T12:18:55.274+02:002013-06-29T12:18:55.274+02:00This is both depressing and tremendously informati...This is both depressing and tremendously informative, Victoria, thank you!<br /><br />Ellen is right, doesn't help if you're refused a way to plan for retirement or a kid's education, but it's something and thanks to you, it is clear!!Anonymoushttps://www.blogger.com/profile/00323396057164196017noreply@blogger.comtag:blogger.com,1999:blog-2424131704277823220.post-52981607359585953862013-06-28T21:20:55.320+02:002013-06-28T21:20:55.320+02:00Yes, Canada has similar banking laws. I've lea...Yes, Canada has similar banking laws. I've learned about them over the past two years from Tim.<br /><br />Under Access to Basic Banking Services, Canadian banks must open an account with few exceptions relating to fraud, a crime against a bank or threats to staff or other customers.<br /><br />Banks here cannot ask for a person's place of birth or other citizenship. In fact, they cannot even accept a foreign birth certificate as recognized identification. Only Canadian birth certificates are acceptable.<br /><br />So, the huge issue here is how will Canadian banks ever possibly identify who is a "US person" based on place of birth or based on parent's place of birth.<br /><br />Blazehttps://www.blogger.com/profile/12871285356307431578noreply@blogger.comtag:blogger.com,1999:blog-2424131704277823220.post-82077493726658120042013-06-28T14:30:30.582+02:002013-06-28T14:30:30.582+02:00Great research, Victoria.
As Moscovici is pushing ...Great research, Victoria.<br />As Moscovici is pushing for a European FATCA and global exchange, I hope that the current restrictions to US persons will go away. However, I think that these restrictions come from the bully approach of the US and fear of the 30% withholding. If FATCA stays law, and withholding is put in place, US persons might still have restricted access. I hope that will change, and that people like Sophie Int Veld can do something about it.<br />I also wonder if things would change if the US switched to RBT.<br /><br />It wouldn't be fair if countries have it both ways: global information exchange AND refusing services to non-citizens. This type of discrimination should not exist in today's society.<br />Another thing that could be helpful is to have the press take on the subject. In France, I don't think the banks will do anything that would harm the French spouse. This is not Switzerland. The situation would get messy.<br />I am surprised that there we've not heard of public demonstrations in Switzerland, but I think that at some point, this should happen to make people aware of such discrimination. People and especially the French spouse should be willing to go public to help with these issues.<br />Demonstrations and press coverage are pretty effective to get things changed in France.<br />At some point, wealthier people affected might sue as well.Christophenoreply@blogger.comtag:blogger.com,1999:blog-2424131704277823220.post-68828107218459963272013-06-28T10:17:09.834+02:002013-06-28T10:17:09.834+02:00This is great -- for basic services. However, it d...This is great -- for basic services. However, it does not help us when it comes to "investment" accounts, such as "assurance vie", PEA, Sicavs....Ellen Lebellehttps://www.blogger.com/profile/01929639076042070115noreply@blogger.com