Privacy friendly bank account/payment method (lemmy.one)

submitted 1 year ago* (last edited 1 year ago) by LMP@lemmy.one to c/privacyguides@lemmy.one

4 comments fedilink hide all child comments

Hi, I would like to find a bank or a privacy friendly payment method, not able to review every purchase I did.

I thought to several alternatives :

1° Find a bank explicitely dedicated to data privacy (names ?)

2° Open an account in a bank located in Switzerland as it's the world strongest regulation for data privacy ? 3° Use a masked card or virtual number card ?

4° Find a data privacy friendly online payment platform (name ?)

5° Use crypto or cash lol ?

Any advise about these options ? Would you recommend other options ? Also I'm located in Europe if you know specific offers in the EU market related to that concern.

top 4 comments

sorted by: hot top controversial new old

[-] haakon@lemmy.sdfeu.org 1 points 1 year ago

All banks and bank-like institutions you might have access to will comply with the same anti money-laundering and know-your-customer regulations. It's not really up to the individual bank to decide.

The "Swiss bank account" is largely a thing of the past, as they are forced into data-sharing agreements with the United States and possibly others. And even so, you need to be a Swiss national to qualify for a bank account there.

You can use cash as much as possible when it's an option, of course. It's less convenient, but privacy often is.

[-] duckjjj@feddit.it 0 points 1 year ago

Noob question: do you think that banks sell info regarding your/our transactions to third party?

[-] scoobford@lemmy.one 0 points 1 year ago

Many do, or at least did a few years ago.

[-] duckjjj@feddit.it 1 points 1 year ago

do you have more info (articles) related to that? Just curios

this post was submitted on 16 Jun 2023

2 points (100.0% liked)

Privacy Guides

16263 readers

1 users here now

In the digital age, protecting your personal information might seem like an impossible task. We’re here to help.

This is a community for sharing news about privacy, posting information about cool privacy tools and services, and getting advice about your privacy journey.

You can subscribe to this community from any Kbin or Lemmy instance:

Learn more...

Check out our website at privacyguides.org before asking your questions here. We've tried answering the common questions and recommendations there!

Want to get involved? The website is open-source on GitHub, and your help would be appreciated!

This community is the "official" Privacy Guides community on Lemmy, which can be verified here. Other "Privacy Guides" communities on other Lemmy servers are not moderated by this team or associated with the website.

Moderation Rules:

We prefer posting about open-source software whenever possible.
This is not the place for self-promotion if you are not listed on privacyguides.org. If you want to be listed, make a suggestion on our forum first.
No soliciting engagement: Don't ask for upvotes, follows, etc.
Surveys, Fundraising, and Petitions must be pre-approved by the mod team.
Be civil, no violence, hate speech. Assume people here are posting in good faith.
Don't repost topics which have already been covered here.
News posts must be related to privacy and security, and your post title must match the article headline exactly. Do not editorialize titles, you can post your opinions in the post body or a comment.
Memes/images/video posts that could be summarized as text explanations should not be posted. Infographics and conference talks from reputable sources are acceptable.
No help vampires: This is not a tech support subreddit, don't abuse our community's willingness to help. Questions related to privacy, security or privacy/security related software and their configurations are acceptable.
No misinformation: Extraordinary claims must be matched with evidence.
Do not post about VPNs or cryptocurrencies which are not listed on privacyguides.org. See Rule 2 for info on adding new recommendations to the website.
General guides or software lists are not permitted. Original sources and research about specific topics are allowed as long as they are high quality and factual. We are not providing a platform for poorly-vetted, out-of-date or conflicting recommendations.

Additional Resources:

founded 1 year ago

MODERATORS

jonah@lemmy.jonaharagon.net