Sweden banks, according to an agreement with the Swedish government administration, have begun to map out Swedes according to the place of birth and original nationality.
Nordea bank is currently the most visible bank performing these operations.
The Nordea banking app for mobile phones has been reported to lock up for users, until they answer questions about their birthplace. The app follows up with a question asking what other passports the user has.
Currently, the app allows the user to put off answering the questions until later, but it is not stated as to how long the questions may linger before Nordea requires an answer.
These questions are related to questions required by USA under FATCA, the “Foreign Account Tax Compliance Act”. It assumes that any “US person” living in Sweden is living there in order to avoid taxation. Any person living in Sweden and banking in Sweden must prove to their Swedish bank that they are not living in Sweden for the purpose of avoiding taxation.
Now, Sweden likes to be seen as being politically correct–especially when it is not politically correct……….
or, the short link