Brussels FORCES Non-EU Banks to Choose. Your Bank Sends the Letter.
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As of January 2027, it will become much more difficult for banks outside the EU to serve customers resident in the Union directly. At the same time, Brussels networked accounts registers, limited cash payments, adheres to the bail-in regime and drives the digital euro forward. Each of these projects has a different justification – but in the end, a lot of things are going on: the state knows more and more exactly where the money of the citizens …
Brussels FORCES Non-EU Banks to Choose. Your Bank Sends the Letter.
Brussels has quietly rewritten who is allowed to keep a bank account outside the Union, and from 11 January 2027 a bank headquartered in a third country needs an authorised branch here or it stops serving people who live in the EU. The letters will not come from Brussels. They will come from your own bank. 0:00 Introduction Credit to : Europe: Informed. Connected
The EU does not want YOU to get your money out of the EU! It is specifically about § 21c of the Capital Requirements Directive VI (CRD VI) of the European Union. No, no, you prefer EU citizens it will not be forbidden to deposit money outside the EU. It is just not possible anymore from 2027. All right? [...] The post How the EU de facto makes foreign accounts outside the EU impossible appeared first on financial marketwelt.de.
As of January 11, 2027, EU citizens face a threat of mischief with foreign accounts. From this point on, banks from third countries such as Switzerland, the United Kingdom, the USA or Singapore should be prohibited from offering so-called core banking services to European citizens. In principle, this means three core functions: the traditional deposit business, i.e. current, savings or fixed money accounts, the credit business as well as the gua…
Those who have been canceled are often fleeing to Swiss or Asian banks. A silent law makes this much more difficult – to your "protection". The back door is pushed quietly. The article New Brussels sense of error: Soon no more foreign accounts for EU citizens? appeared first on reidschuster.de.
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