WHY CAN´T CHINESE PEOPLE GET MONEY FROM THEIR BBVA ACCOUNTS?

 

THE DAY BEFORE YESTERDAY, FEB 15 2019, CHINESE PEOPLE WERE PROTESTING AGAINST BBVA IN MADRID AGAINST THE BLOCKADE THEY ARE GOING THROUGH. LET´S IMAGINE CMTGS WERE BEHIND THAT MANEUVER AND THEY TALKED BBVA CHIEF EXECUTIVE  OFFICERS INTO DOING SUCH BLOCKADE. LET´S IMAGINE SUCH CEOS DO NOT KNOW THE REAL REASON WHY CMTGS PERSUADED THEM TO GO AHEAD WITH SUCH EPISODE. LET´S IMAGINE THE REAL REASON BEHIND SUCH BLOCKADE IS CMTGS DO NOT WANT CHINESE PEOPLE TO HAVE ACCESS TO THEIR MONEY ACCOUNTS BECAUSE CMTGS KNOW CHINESE PEOPLE HAVE PLANS TO BUY HOUSES AND FLATS IN SPAIN AND THEY DO NOT WANT THAT. WHY DON´T THEY WANT THAT? BECAUSE SINCE THEY KNOW EVERYTHING ABOUT EVERYONE  (LET´S REMEMBER THEY SPY ON EVERYONE THEY WANT TO DAY IN DAY OUT) THEY ALREADY KNOW, BY TRACING THE WOMAN THEY ARE AFTER,  CHINESE PEOPLE WANT TO BUY THE REAL ESTATE SHE HAS FOR SALE

“THE PROTESTERS SAID INCREASED SCRUTINY EFFECTIVELY CUT THEM OFF FROM PAYING THEIR UTILITY BILLS OR TUITION COSTS FOR THEIR CHILDREN. WHAT BBVA AND SOME OTHER BANKS HAVE DONE HAS DAMAGED THE LEGAL INTERESTS OF THOUSANDS OF ORDINARY CHINESE, THE LIVES OF MANY PEOPLE…HAVE BEEN AFFECTED,” SAID FENG MAO, THE HEAD OF THE ACHE ASSOCIATION. ACHE SAYS BETWEEN 4,000 AND 5,000 PEOPLE HAVE SEEN THEIR ACCOUNTS BLOCKED BY BBVA” (FURIOUS CHINESE CONDEMN “RACIST” SPANISH BANK BBVA- SOUTH CHINA MORNING POST. EUROPE. SAT FEB 16, 2019).

“CHINESE CUSTOMERS OF SPANISH BANK BBVA PROTEST OUTSIDE ITS HEADQUARTERS IN MADRID. THE SIGNS READ  “THE WORKERS HAVE NOT BEEN PAID THEIR SALARY AND MOTHERS HAVE NOT BEEN ABLE TO FEED THEIR CHILDREN” (REUTERS/ JUAN MEDINA).

“SPAIN BEEFED UP ITS MONEY LAUNDERING REGULATIONS LAST YEAR. THE LAW REQUIRES CLIENTS TO GIVE THE BANK A SERIES OF PERSONAL DETAILS AND BACKGROUND INFORMATION, REGARDLESS OF THEIR NATIONALITY, SAID SPOKESMAN FOR THE SPANISH BANKING ASSOCIATION AEB, JOSE LUIS MARTINEZ CAMPUZANO. HOWEVER DAWEIN DING, VICE-PRESIDENT OF A CHINESE RADIO STATION IN MADRID WHO ALSO WORKS FOR THE CHINESE ASSOCIATION IN SPAIN (ACHE), SAID BANKS SUCH AS BBVA WERE DEMANDING FAR MORE DETAILS AND MAKING THE PROCESS MORE COMPLICATED FOR CHINESE CITIZENS THAN FOR SPANISH NATIONALS. FOR A SPANIARD TO OPEN A BANK ACCOUNT THEY JUST HAVE TO SHOW THEIR IDENTIFICATION CARD, WHEREAS CHINESE CITIZENS HAVE TO DELIVER MUCH MORE PAPERWORK SUCH AS EVIDENCE OF THEIR WORK LIFE LIKE PAYSLIPS AND CONTRACTS” DING SAID” (HUNDREDS OF CHINESE PROTEST AGAINST BBVA IN MADRID. CHANNEL NEWASIA 16 FEB 2019).

PRIORITIZING FAIRNESS OVER ANY OTHER ARGUMENTS SHOULD PREVAIL. FAIRNESS IMPLIES LETTING CHINESE PEOPLE HAVE ACCESS TO THEIR BANK ACCOUNTS. CHINESE PEOPLE DESERVE TO HAVE THEIR BANK ACCOUNTS UNBLOCKED BY BBVA. LET´S IMAGINE ARGUMENTS SUCH AS MONEY LAUNDERING REGULATIONS ARE NOT REAL NOR FAIR. CHINESE PEOPLE SHOULD BE TREATED AS OTHER PEOPLE ARE TREATED HAVING ACCESS TO THEIR MONEY TO PAY THEIR BILLS AND BUY WHAT THEY WANT TO. IT´S ALL ABOUT FAIR PLAY AND IT´S ABOUT TIME!