Is the new bordeless bank account great to pay the IRS (and receive refunds)?

Sorry to resurrect this thread but was there a definitive answer?  I'd considered opening one of these accounts for convenience but will steer clear if there are US filing ramifications.

BTW, can someone clarify for me: under what circumstances would a UK citizen/resident need to file a FBAR? I have a leftover 401k and a leftover US bank account which I left open in case I needed it to receive withdrawals, but haven't filed anything with the US for years.

Sorry to resurrect this thread but was there a definitive answer?  I'd considered opening one of these accounts for convenience but will steer clear if there are US filing ramifications.

BTW, can someone clarify for me: under what circumstances would a UK citizen/resident need to file a FBAR? I have a leftover 401k and a leftover US bank account which I left open in case I needed it to receive withdrawals, but haven't filed anything with the US for years.

The FBAR is filed when a US citizen has $10,000 aggregate in foreign (non-US) deposits.  You should be filing if your UK (or other country) accounts exceed $10,000US in any year.  But it's calculated by looking at the highest balance for each account during the year and adding those together.  So if you had $5000 in an account at Lloyd's and then moved that $5000 to an account with Santander, even though you only ever had $5000, you'd have to file because the highest balance of the two accounts combined is $10,000.

The FBAR is filed when a US citizen has $10,000 aggregate in foreign (non-US) deposits.  You should be filing if your UK (or other country) accounts exceed $10,000US in any year.  But it's calculated by looking at the highest balance for each account during the year and adding those together.  So if you had $5000 in an account at Lloyd's and then moved that $5000 to an account with Santander, even though you only ever had $5000, you'd have to file because the highest balance of the two accounts combined is $10,000.

I'm not a US citizen.  Why should I be filing?

I'm not a US citizen.  Why should I be filing?

If you are not a US citizen or a resident alien in the US, and you don't have an obligation to pay US taxes, you shouldn't be filing FBAR.

Good.  That's the answer I was hoping for!

To return to the original question, whether it would be a good way to pay the IRS? I may never be in that boat but I am curious nonetheless.  I just read on the TW website under the question

How can I withdraw or transfer money from my borderless account?

"Please note - you can't use your USD Borderless details to make direct debits, bill payments, or any withdrawal payment to another company as this doesn't yet work from our Borderless account".

I must say, I find some of the help less than clear.  Does this suggest that payment to someone like the IRS is not possible?

In general, I find US banking a pain in the neck and way behind Europe in particular.  I have a US bank account, which I've fortunately kept open, despite not living there for a long time.  However, initiating transfers is archaic - they still talk about "wire transfers" and cheques (checks) are still widely used.  Online, I can't even set up a payee and transfer money as and when I feel like.  Thankfully, TW are able to grab money from my account by ACH debit, which has worked so far but is not instantaneous and is not free.