EO for banks to require citizenship information?

[Anonymous]

[quote=Anonymous]I was a non citizen in uk.and opened a bank acount when i studied there for a year as an exchange student, so this is unusual. Happy that global capital will be forced to flee our banking system and thus lose its influence . . . But that just indicates to me it wont happen.

[/quote]

How long ago? Currently, you have to be a British citizen or resident (with visa or residence permit) and need a photo ID such as passport or drivers license and proof of UK residence. You have to include your National Insurance number. Some banks offer much more limited student accounts for international students. Many UK banks have ‘debanked’ customers with US addresses as it is not worth the hassle of additional verification and reporting every 3 years to satisfy US FATCA regulations.

[Anonymous]

Anonymous wrote:So what’s going to happen, a citizen who can’t find their birth certificate that’s maybe back at their parents’ house 2000 miles away or worse, lost in a move, will have to scrape together money to prove they are who they are. And maybe they don’t have a passport. And can’t afford one. Then what, access to their own money is shutdown, no car loans, no mortgage, no college loans, etc, all while the criminal Epstein class with money sitting in god knows what offshore funds.

If I knew I’d lost important paperwork in a move, I’d have already replaced it. I know where every important paper is. The pattern I made to replace my steamer chair covers? Not so much

[Anonymous]

Amazing the sob STORIES on this site.

The dog ate my birth certificate.

[Anonymous]

Anonymous wrote:It's one thing if they wanted to make this rule for opening new accounts - but they want to apply it to existing account holders. Ridiculous. There have to be millions of people out there who don't have passports and whose current name does not match their birth certificate.

Updating personal information is not that difficult.

[Anonymous]

Anonymous wrote:

Anonymous wrote:So what’s going to happen, a citizen who can’t find their birth certificate that’s maybe back at their parents’ house 2000 miles away or worse, lost in a move, will have to scrape together money to prove they are who they are. And maybe they don’t have a passport. And can’t afford one. Then what, access to their own money is shutdown, no car loans, no mortgage, no college loans, etc, all while the criminal Epstein class with money sitting in god knows what offshore funds.

If I knew I’d lost important paperwork in a move, I’d have already replaced it. I know where every important paper is. The pattern I made to replace my steamer chair covers? Not so much

+1 exactly!

[Anonymous]

Anonymous wrote:

Anonymous wrote:It's one thing if they wanted to make this rule for opening new accounts - but they want to apply it to existing account holders. Ridiculous. There have to be millions of people out there who don't have passports and whose current name does not match their birth certificate.

Updating personal information is not that difficult.

Not that difficult FOR YOU. Some of us have disabled and/or elderly family members who this is actually a burden for. And it’s their money

[Anonymous]

I had to present driver’s license and social security cards for our accounts and the one I just opened for my teenagers. Not sure undocumented folks would have social security cards.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It's one thing if they wanted to make this rule for opening new accounts - but they want to apply it to existing account holders. Ridiculous. There have to be millions of people out there who don't have passports and whose current name does not match their birth certificate.

Updating personal information is not that difficult.

Not that difficult FOR YOU. Some of us have disabled and/or elderly family members who this is actually a burden for. And it’s their money

Please. I'm an older poster. Some things just need to be done as we age. In some cases, family members will need to help with banking, medical info, etc.

[Anonymous]

Anonymous wrote:

Anonymous wrote:How will a small credit union in Nebraska be able to verify an 80 year old birthcertificate from Alabama or understand immigration laws well enough to determine immigration status for foreign citizens? Good luck. A looming banking crisis with wide repercussions (watch what will happen when large numbers of people, including many many citizens, are suddenly cut off from paying their bills).

You really think people in Nebraska are unable to figure this out?

The bank in Nebraska will be fine, the elderly people who are barely making ends meet who use the bank, not so much.

My grandmother never had a birth certificate and never needed one until she was in her 70s. She had to jump through a whole bunch of hoops to get one when she eventually needed one. White ancestors in the US since the 1600s.

Most people did not have to produce all this documentation on a regular basis until after 9-11, and emphasis on having ids to prove who you were all the time, with the exception of driver's licenses, didn't even start until the 1980s.

I remember walking into a DMV is a new state in the 90s, and only needing my old state driver's license and a utility bill for my new place.

If you are going make every rural person over 80 in the US provide a birth certificate or a passport, good luck with that.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It's one thing if they wanted to make this rule for opening new accounts - but they want to apply it to existing account holders. Ridiculous. There have to be millions of people out there who don't have passports and whose current name does not match their birth certificate.

Updating personal information is not that difficult.

Not that difficult FOR YOU. Some of us have disabled and/or elderly family members who this is actually a burden for. And it’s their money

+1
As if the billionaire criminal Epstein class uses the local credit union. This is to fxk with the 99%, not the 1%.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:How will a small credit union in Nebraska be able to verify an 80 year old birthcertificate from Alabama or understand immigration laws well enough to determine immigration status for foreign citizens? Good luck. A looming banking crisis with wide repercussions (watch what will happen when large numbers of people, including many many citizens, are suddenly cut off from paying their bills).

You really think people in Nebraska are unable to figure this out?

The bank in Nebraska will be fine, the elderly people who are barely making ends meet who use the bank, not so much.

My grandmother never had a birth certificate and never needed one until she was in her 70s. She had to jump through a whole bunch of hoops to get one when she eventually needed one. White ancestors in the US since the 1600s.

Most people did not have to produce all this documentation on a regular basis until after 9-11, and emphasis on having ids to prove who you were all the time, with the exception of driver's licenses, didn't even start until the 1980s.

I remember walking into a DMV is a new state in the 90s, and only needing my old state driver's license and a utility bill for my new place.

If you are going make every rural person over 80 in the US provide a birth certificate or a passport, good luck with that.

My elderly parents and grandparents kept their records for banking, healthcare, voting, and medical needs updated. Quit making rural people sound ignorant.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It's one thing if they wanted to make this rule for opening new accounts - but they want to apply it to existing account holders. Ridiculous. There have to be millions of people out there who don't have passports and whose current name does not match their birth certificate.

Updating personal information is not that difficult.

Not that difficult FOR YOU. Some of us have disabled and/or elderly family members who this is actually a burden for. And it’s their money

+1
As if the billionaire criminal Epstein class uses the local credit union. This is to fxk with the 99%, not the 1%.

The money laundering is happening in plain sight by Republican elites. Banks won't even lend to them. How does disabled great granpa needing to find his 100 year old birth certificate to access his social security payment from his bank stop the money laundering by those guys or the laundering via crypto on the dark web?

[Anonymous]

Anonymous wrote:So what’s going to happen, a citizen who can’t find their birth certificate that’s maybe back at their parents’ house 2000 miles away or worse, lost in a move, will have to scrape together money to prove they are who they are. And maybe they don’t have a passport. And can’t afford one. Then what, access to their own money is shutdown, no car loans, no mortgage, no college loans, etc, all while the criminal Epstein class with money sitting in god knows what offshore funds.

It cost me 17 dollars to get my birth certificate from the state I was born in.

Stop making excuses for the lazy.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:How will a small credit union in Nebraska be able to verify an 80 year old birthcertificate from Alabama or understand immigration laws well enough to determine immigration status for foreign citizens? Good luck. A looming banking crisis with wide repercussions (watch what will happen when large numbers of people, including many many citizens, are suddenly cut off from paying their bills).

You really think people in Nebraska are unable to figure this out?

The bank in Nebraska will be fine, the elderly people who are barely making ends meet who use the bank, not so much.

My grandmother never had a birth certificate and never needed one until she was in her 70s. She had to jump through a whole bunch of hoops to get one when she eventually needed one. White ancestors in the US since the 1600s.

Most people did not have to produce all this documentation on a regular basis until after 9-11, and emphasis on having ids to prove who you were all the time, with the exception of driver's licenses, didn't even start until the 1980s.

I remember walking into a DMV is a new state in the 90s, and only needing my old state driver's license and a utility bill for my new place.

If you are going make every rural person over 80 in the US provide a birth certificate or a passport, good luck with that.

But it’s a lot like the new Medicaid paperwork rules. Enough people will not be able to jump through the hoops that it will reduce the number of
Social Security beneficiaries. Who cares if a bunch of elderly or disabled people die of poverty? Right MAGA? Empathy and taking care of the team is for suckers.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:How will a small credit union in Nebraska be able to verify an 80 year old birthcertificate from Alabama or understand immigration laws well enough to determine immigration status for foreign citizens? Good luck. A looming banking crisis with wide repercussions (watch what will happen when large numbers of people, including many many citizens, are suddenly cut off from paying their bills).

You really think people in Nebraska are unable to figure this out?

The bank in Nebraska will be fine, the elderly people who are barely making ends meet who use the bank, not so much.

My grandmother never had a birth certificate and never needed one until she was in her 70s. She had to jump through a whole bunch of hoops to get one when she eventually needed one. White ancestors in the US since the 1600s.

Most people did not have to produce all this documentation on a regular basis until after 9-11, and emphasis on having ids to prove who you were all the time, with the exception of driver's licenses, didn't even start until the 1980s.

I remember walking into a DMV is a new state in the 90s, and only needing my old state driver's license and a utility bill for my new place.

If you are going make every rural person over 80 in the US provide a birth certificate or a passport, good luck with that.

But it’s a lot like the new Medicaid paperwork rules. Enough people will not be able to jump through the hoops that it will reduce the number of
Social Security beneficiaries. Who cares if a bunch of elderly or disabled people die of poverty? Right MAGA? Empathy and taking care of the team is for suckers.

Joint bank account works too. Most elderly have them with their kids