How to handle the odd transaction in USD, despite only having a GBP bank account
Mike or Penny Novack
stepbystepfarm at dialup4less.com
Sun Mar 12 10:13:26 EDT 2017
On 3/11/2017 9:54 PM, Mark Robinson wrote:
> On Sat, Mar 11, 2017 at 6:47 PM, Jean-David Beyer
>
> That's so odd.
>
> I have opened a bank account at Wells Fargo in California with just a
> passport. I've also used RBCBank (affiliated with, but distinct from
> Royal Bank) to open a US bank account without even being present in
> the US.
>
> Mark
Not so odd Mark. You DID note the reference to state?
What you experienced in CA has little to do with what somebody else
would experience in NJ or NY. I know ex-pats who for their US account
have that in somebody else's name << because when I need a cheque in
pounds, for example, they will tell me to whom to send the check in
dollars (and they send the cheque in pounds where I need it to go >>
ROFLOL --- the origins of international banking go back to the
Renaissance when arranging transfers of this sort was what it was all
about so that instead of moving physical gold (subject to loss and theft
en route) they could exchange paper records of who owed whom where and
only if severe imbalance of trade needing to move physical money.
Michael
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