this post was submitted on 16 Jun 2023
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Privacy Guides

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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.

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[–] 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.