this post was submitted on 06 Jun 2024
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Privacy
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Denmark, Netherlands, Belgium, France, and Spain. Banks in those places will freeze your account easily, like a doc on file expiring.
US banks are more trustworthy with your money than European banks, but US banks are less trustworthy with your data. Exceptionally, there is a pitfall where you can lose your money: dormancy. I recall a woman in California who had a safe deposit box that she did not access for a number of years. The bank declared it “dormant”, drilled it, and gave the property to the state’s unclaimed assets, who then auctioned off her stuff.