How to handle the odd transaction in USD, despite only having a GBP bank account
Jean-David Beyer
jeandavid8 at verizon.net
Sat Mar 11 17:10:46 EST 2017
On 03/11/2017 02:21 PM, Buddha Buck wrote:
> If this were a many-off thing, I would consider opening an account in USD
> and periodically handle exchanging the USD for GBP when it is
> convenient/necessary, but not for each sale in USD.
In USA, due to fear of money laundering and other political nonsense,
you cannot open a bank account at a US bank unless you are a legal
resident of the state in question and can prove it with photo ID issued
by a government agency. And if you are doing banking in some US states,
they will impose an end-use tax on sales of most items.
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