It’s only True that they can refuse service to anyone, but not for any reason.
I know this isn’t exactly the same, ever since Americas civil rights movement most countries have made an effort to curtail discrimination in this way.
I know Taiwan has this mentality since they passed antidiscrimination laws here. But laws go unenforced if there is no oversight or more importantly no clearly established rulings on the meaning and applicability of those laws.
This isn’t true either. Every time I have opened an account the bank staff have tried to force me to sign a ‘self declaration’ CRS form stating I’m an Australian resident for tax purposes then I have to get into a heated argument repeating that I am not an Australian resident for tax purposes and won’t sign a form saying that I am.
It’s supposed to be a self declaration, if they followed the law and procedures they should not be telling me what to write on a self declaration at all.
There’s no way fraudulent documents are required as a matter of a banks procedure.
They are actually out of compliance by forcing foreign customers to sign false declarations. I’m sure many people would just give in to get the account opened.
I would hazard a guess that the real reason they won’t let foreigners open accounts online is because they can’t force people to sign false declarations online.
Thanks for the tag, and thanks to @comfy123 for getting this highly useful response. @fifieldt has added this information to a document being sent to a certain deputy minister shortly.
Most countries are still dictatorships and/or communist.
This has only been a thing in Western European countries that were democracies during that movement. Even so, the attitudes of locals in ethnostates can still be a very big obstacle to overcome.
Yes, but these often cover locals. In Asia, stereotypes of foreigners are seen as acceptable as during the Civil Rights Movement, they still were right wing dictatorships. You’re still seeing the scars.
You go out and convince 23 million people and many think it’s OK to not give an account because what if foreigners run to their country or do something bad.
This is still a thing in Chinese culture. At least having citizenship provides protection.
Secondly, Taiwan does not have an easy enforcement mechanism like a human rights commission that can levy fines without going to court and spending all that money. Look at @fifieldt, he’s literally sending this to a deputy cabinet minister.
And why are they listening to him in particular? Because he’s Taiwanese
I am right. I need to declare my country of tax residency. Which is Taiwan. Not Australia. Also i am required to decided what to write. It is only the banks job to collect the piece of paper.