It also makes my taxes back in the US quite a bit simpler to state that I have no foreign account holdings whatsoever (I am still paid in my US bank account)
In the new EU, "your money" is becoming a myth. After the Cyprus Experiment, where the banks essentially took ownership of all money, they realised they could get away with it. KYC, AML, FACTA and related bullshit are seriously concerning me. Combined with the relentless and useless drive to this "cashless society" (why do we need this?) your money is not yours any more.
They get serious, unfriendly reporting requirements with American customers. A friend in Denmark had similar trouble, until the bank realised he'd misunderstood/ignored a letter they'd sent him asking him to confirm his citizenship.