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A breach of banking secrecy is being planned, due to cash that those in need usually don’t have at all

You want a dose? Let’s see your bills. Amendment may break banking secrecy

Bank secrecy is about to be broken in the Czech Republic in connection with the payment of social benefits. An amendment to the Act on State Social Support, which is supposed to make this possible, is before the final reading in the Chamber of Deputies. “Banks, branches of foreign banks, savings and credit cooperatives … are obliged to disclose to the material need assistance authority, upon its written request, information on the account numbers of the benefit applicant..

Source idnes.cz/socialni-davky-bankovni-tajemstvi-novela-zakona
 
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