Skip to comments.Barnier aims to give every EU citizen the right to a basic bank account
Posted on 05/01/2013 11:05:23 PM PDT by Olog-hai
Michel Barnier, the European commissioner for the internal market and services, will on Wednesday (8 May) launch plans to give every individual in the European Union the right to a basic bank account.
The proposals also aim to make it easier for customers to switch from one bank account to another, and to force banks to be more transparent about the fees they charge, so that consumers can make better comparisons between different providers.
It is estimated that around 56 million people in the EU above the age of 15 do not have a bank account.
(Excerpt) Read more at europeanvoice.com ...
Making it easier to seize those accounts in the process I bet
Is this a problem? Is somebody preventing a person from getting a bank account? Is so, how?
Indeed. Precedent has been set for that already, and the EU let slip that more of that is coming.
To take advantage of this "right", all you need to do is accept this implant.
And you can have your choice of two places on your person to accept this implant...
Can’t have all those people with money hidden at home. Got to get it into a bank account so it will be easier to tax and seize.
yep how long before those accounts become mandatory?
About as long as you can hold your breath.
Precisely...they can’t tax it if it’s in your mattress.
They can’t steal it if you don’t hand it over to their
accomplices in theft....the banksters.
Here in the UK, and Europe in general, a bank account is more necessary than in The US. Almost all employees receive their pay by direct deposit, cheques take 5-7 to clear, and the cheque cashing places that are so prevalent in the US aren’t as widespread here (strict rules on silly service ice charges). A basic account for getting pay, benefits and paying your bills electronicly IS more of a necessity here. The banks here are similar to the banks in The US that insist on service fees and credit checks even for a simple account, locking out those who may have had spotty credit or fees would eat a significant portion of their accounts.
No marks of the beast or chips implanted are necessary. ;)
And, in The UK at least, it’s not very easy for the government or any other party to take money from your account.
Ummmm... they *can* do that, and indeed, they are CURRENTLY doing just that. Inflation is a tax. Actual inflation in the midst of bogus low-inflation statistics is a crime and a tax.
It's easy to give everyone a bank account. But you cannot force anyone to keep money there - unless cash is eliminated altogether. That would be a worthy goal for a police state, because then everyone's finances will be open for review by the government. Today, with cash as an option, the credit card bill reveals only those transactions that the user chooses to reveal by paying with the card. It's anyone's guess what the user bought with cash. This partial visibility into spending makes the whole database of purchases nearly worthless.
Unquestionably, with the so-called right, will be the obligation for the banks to report the accounts.
They don’t expect them to need an ID, do they?
> Unquestionably, with the so-called right, will be the obligation for the banks to report the accounts.
But of course. They get access to “your information” and they don’t have to search to find your bank account if they want to place a lien against it. Nice try buddy but we see your ulterior motive.
Banks no longer pass out accounts willy-nilly. If you've passed bad checks before or insufficient funds checks or even a bad credit rating, you may forget about getting a bank account. Banks don't want dead beats and criminals as customers.
I’m sure they’ll come up with some excuse and call it all for the good of the people.
Many people today already just use debit cards or credit cards and carry very little cash, so they don’t have that far to go for some.