• Matombo@feddit.org
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    1 month ago

    wow is that article a lot of nothing

    tl;dr: Sparkasse as a state bank has to take every customer to provide basic banking services, especially for people (like extremist parties) who are rejected by every other bank

  • Hotznplotzn@lemmy.sdf.org
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    1 month ago

    All consumers legally residing in the European Union are entitled to hold a basic payment account under the German Payment Accounts Act (Zahlungskontengesetz – ZKG). This includes persons without a permanent place of residence and asylum seekers. Persons without a residence permit who cannot be deported due to legal or factual reasons (persons with a suspension of deportation) are also entitled to hold such an account.

    Source: BaFin - German Federal Financial Supervisory Authority

    The German law is based on the European Commission Recommendation 2011/442/EU of 18 July 2011 on access to a basic payment account. All EU members followed this recommendation, meaning that all individuals in the EU have a legal right to a basic bank account, even if unemployed or homeless.

    • Scipitie@lemmy.dbzer0.com
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      1 month ago

      I disagree. That’s the foundation of a democracy: as long as you’re not doing something illegal you should be able to … Well … exist.

      The bank in question is a state owned one - they simply aren’t allowed to do a second layer legal system.

      Now that this organization is legal is the big fuckup, but that’s not the banks fault.