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Topic: international bank accounts  (Read 810 times)

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international bank accounts
« on: February 10, 2007, 12:23:08 AM »
I've been looking into the multi-currency offshore accounts. I think that's what I'm going to need since I'll be living in England but getting money from the US, at least for the first year or so I'm there.

Has anyone used one of these accounts? Pretty much all the banks seem to have them. It's just waaaaaaay more banking power than I've ever used. I've always been a free checking account type of gal...
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Re: international bank accounts
« Reply #1 on: February 10, 2007, 05:56:49 AM »
It may be simpler just to set up a USD currency current (with savings if balance justifies) account usually these will be fee free if kept above $2,000. They will allow instant access with same value when transferring to your current account, again normally at no charge within same Bank.

Given your tax residency/domicile I'd recommend getting some specialist advice on where your accounts should be based (Onshore/Offshore, UK/USA)


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