Bank domicile and automatic exchange of information

[KScyprus]

Hello everyone, I am writing to you because I have a procedural curiosity that I hope someone expert can solve.

What happens if a person who lived in country A (European Union) after moving to country B (European Union) does not communicate the change of tax residence to the previous banks for which he has several accounts?

Suppose that an event occurs for which there is an exchange of information from the Bank domiciled in country A to the tax authorities of country A.

Will country A forward the report automatically to country B?

 

[aage]

Will country A forward the report automatically to country B?

chance are they do, on the other hand, today things are going pretty fast, you risk that the bank will find out of your relocation and report to your new country.