With all of the current problems pertaining to US 'law' and banking institutions, I am considering opening a bank account in another country. I see pro's and con's to this idea.
1. obv, US big brother isnt magnifying your $ (immediately - until tax season)
2. from what i have read on forums - intl accts get bank transfers within couple days...aka immediate availibilty to your money...
1. I know nothing on fees or the processes of foreign banking institutions or what i need to look/ask for to assure it is very similar to what i'm use to.
2. taking money out of our already struggling economy (imo - gov is biting hand that feeds them)
Please add to the pro's and/or con's if you can think of any....also if you have more information about setting up a foreign account PLEASE PLEASE PLEASE im me or repost here....thanks all
wont u lose dollars cuz of exchange rates?
good point...thanks...i did find citigroup - located in canada....they do have USD (US dollars) accts as well as CD (canadian dollars)
please list more if you know of anymore?
there u go dude go to canada close enough so u could go to the actual bank if u have a problem.
never thought id say or typethe words "go to canada"
I have had no problems withdrawing or depositing funds directly to and from my checking account recently... there is no reason to get a foreign account
stars and full tilt send a paper check then you deposit at your bank... stars lets me deposit instantly using my checking account.... full tilt lets me use my visa to deposit and gives me the option to cash out large sums by bank wire... how is it so hard?
I did one w/draw to bnk acct the day epass went away....since then, i did one more (bout 2weeks ago) and have since received an email from full tilt saying there were 'outside problems' and that i SHOULD have my money in a month (15biz dayz)...that is the 'so hard' part...when i want access to my $ i would like it n a timely fashion -not a month...i have talkd to a couple overseas players and they seem to of not had this problem...
Checks usually don't take more than a week or so....maybe just open a side checking account at a bank that allows those kinds of transactions..my bank certainly does.