Hello,
our main bank - Volksbank Pforzheim - has sent us a letter, informing about new terms of service. These relate to changes in European regulations, regarding real-time wire transfers, recipient validation (Verification of Payee - VoP), and a few other details. I’ll share the letter and a translation with the board in private as it contains several bits of personal data.
The letter is similar to what many bank customers, at least in Germany, received the last weeks or will receive soon.
I will propose a vote later this week (I aim for a 72h vote on Wednesday) to authorize me to accept the new rules and conditons on behalf of TDF.
Should there be any questions, feel free to ask here before.
Florian