How crazy can all of this get?
British church bell ringers were FATCAed when opening a bank account in a British Co-operative Bank.
The bank demanded information not only on the 76 year old Treasurer but on every one of the 12 bell ringers.
The church bell ringing treasurer gets it.
“Just imagine the pile of confidential information sitting on someone’s desk if we had 1,000 members,” Mr Campbell said. “The request is so unrealistic, but to my amazement my complaint about this was rejected.
“We do not ask people for their age, let alone their birth date or bank details, when they ask to join the group. If we made it a condition of membership we would soon have no members. Also, most banks recognise identity theft as a growing problem. People shouldn’t be asked to give their exact birth date or bank details for no good reason.”
The Co-op does not get it.
“Like all banks, we have increased the checks we need to do when customers apply for an account.