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I used the poor to defeat the poor (lemmy.world)

submitted 1 year ago by Stamets@lemmy.world to c/funny@sh.itjust.works

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[–] Comfortably_Wet@lemmy.world 1 points 1 year ago

The same is true within the EU countries. But as far as I know the US also demands "real time access without notice to the bakn or owner of the account" and that is something which simply isn't allowed within the EU. An US citizen can in theory agree to this but then only a few banks even have the technical framework to offer such an access.

Within the EU the police can also request banking data but need a signed court order and the data isn't delivered in real time and by the bank itself and the customer gets informed afterwards.