• Lost_My_Mind@lemmy.world
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    3 days ago

    Your bank doesn’t even need to know who you are.

    On a related note, Bank of America, if you’re reading this, my name is floop @lemmy.dbzer0.com, and I would like to withdraw all the money from my account. Nonsequential bills please!

    • Pieisawesome@lemmy.dbzer0.com
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      2 days ago

      The banks are legally required to know who you are. It’s part of AML and anti-terrorist financing laws

      It’s called KYC or “know your customer”.