Quote:
Originally Posted by polish_aristocrat
BTW about 3 years ago I read some book on offshore banking and they said that Austria has stonger secrecy laws than Switzerland nowadays....
I wonder if that's still true today...
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Don't mean much these days PA - Austria and most EU countries have signed deals over transparency in banking activity with the OECD and the FATF (Financial Action Task Force) is the enforcer. Basically banks have to be satisfied any transactions are "legal" and be able to support this if asked by FATF.
Despite that, it really does not matter too much as long as there is no illegality involved.