Why do banks refuse to open accounts to foreigners or people with temporal residence permits?
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Who says they do?
This isn’t an easy thing to answer without context of a given country.
There is one typical situation where banks won’t open an account to a specific type of person. Many non-US banks will not open accounts for US persons because the bank does not want to have to deal with American tax laws requiring disclosures to the American government under penalty of some really severe fines.
Another complication, though, is whether a person is considered a politically exposed person or if there are questions on how the money was obtained. In those situations, Know Your Customer policies, procedures, regulations and laws may prevent the bank from opening up an account to protect the bank from exposure to certain risks that come along with those situations.
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