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The time now is 10/29/08 - 23:08

Main reason to use bank secrecy?


RealCool.BIZ Forum Index -> Finance -> Banks and Banking

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devlin
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Joined: 22 Nov 2007
Posts: 3



PostPosted: 07/13/08 - 05:37    Post subject: Reply with quote

Hi, I was thinking about privacy and how we can protect ourselves and our bank accounts. I know that bank secrecy can help us with this thing. The thing I do not know is why we should do it. Why would we hide things? What is the main reason to use bank secrecy? What do you think? I would really want to see your honest opinion about this matter.
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isac
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Joined: 01 Apr 2005
Posts: 8



PostPosted: 08/12/08 - 01:53    Post subject: Reply with quote

I have to say that I do not agree with you. It is completely normal to use bank secrecy. I really do not see the reason why other people should have info about personal financial situation. There are plenty of reasons why people use bank secrecy. The main reason would be to hide information from family member, friends, press or employers.
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