NEWS

Eurpean Banks Try Out Actions That Should Be Taken To Evade Withdrawals

NEW EU DIRECTIVE COULD FREEZE BANK ACCOUNT WITHDRAWALS Most people who have bank accounts think they still control the money stored in them. That is not the case, as the bank retains full custody of the money inside bank accounts. Customers need permission from the bank to move and withdraw their money from said accounts. Making a transfer to a different bank account requires authentication…
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