Strong disagree that such a responsibility exists. I should be able to open a bank account with _nothing_, save perhaps a _de minimis_ initial deposit (one penny, or similar).

I can walk into a shop with a handful of cash, buy an item, and leave without anyone knowing who I was. That should be true of any good or service, including banking, that does not require additional data for direct practical reasons related to the provision of the service, e.g. cleaners need to know where you live. "Prevention of fraud/laundering/terrorism/whatever" is not such a reason.