June 20, 2011Dear Sir,I was in Spain last week helping my daughter who is working there for a year.We went to open a bank account for her with a large Spanish bank. I would have chosen HSBC but they only have three commercial branches in Spain.All went well until the bank employee typed in Bermuda in the country field.The computer screen flashed a message blocking the set-up of the account.I asked what the problem was and she said “Oh it is because you are from a known money laundering or tax evasion country”.They still said they could go ahead and set-up the account but it would take longer due to the additional security checks because my daughter was from Bermuda.I wonder if these TIEA agreements mean anything?LAURENCE FOXDevonshire