Hi Everyone,
A lot of times i pay US merchants online via paypal which cost be heaps on transaction/conversion fees. So just wandering is there any way we can get US Bank Account as non US residents?
Any sort of information in this matter will he highly appreciated.
Regards,
Rony
Bankwest Zero Platinum Mastercard too — no annual fee, no foreign transaction fees, 1 year warranty extension on purchases, free travel insurance, purchase protection for loss/damage/theft and concierge service.
Thanks Fellas but I am more concerned at this stage for getting a US bank account. As a blogger, many times we promote products and when affiliates networks pay for those sales via paypal a big portion of this will go into fees. I was just wondering if I can get a US bank account so they can pay me in that account and later I can pay my subscription services from that account too in US currency. Is that possible?
Like a win win situation for everyone.
Or just add USD as a currency in your PayPal account? All the USD paid to you will go in there, and you can use it to pay for US-based services. It still costs to convert it to AUD when you need to put them into your bank. Nothing can really fix that.
You have to be in US, and they check your visa, I don't know if they let you open one if you're on tourist visa. But once you have one you can change the address to Australia no problem.
But once you have one you can change the address to Australia no problem.
No longer having online access would be a big problem. See quasims comment made before yours.
But then they upgraded their security provisions and sent some correspondence to my US address (which was obviously unattended). Then I was unable to fulfil their new security provisions and the online access was barred.
What are you on about? I opened an US account and before I left US I told them I'm going to Aus for a while. They changed my address to Aus and I continued to have my online access, and bank correspondence is sent to me in Aus. So as long as you do things properly there is zero problem.
Could you provide more details about this ?
Which bank did you open the US account with ?
What sort of Visa did you have ? (Not a tourist Visa from your previous post) Or are you a US citizen ?
Did you need to provide Social Security number ?
Was a temporary address an issue ?
When did you open the account ?
Please tell us how to do this properly.
I opened one with Wells Fargo when I was on student visa there. It doesn't really matter where in the world you are moving to, as long as they allowed you to have an account, you just need to tell them when you move. I thought this is pretty obvious, even if you are moving within Australia you need to tell your bank. I also have an European account, again the same thing, once you have the account, just notify the bank you are moving, they will send correspondence overseas.
How long ago was account opened ?
There does seem to be problems with an overseas address, even for Americans
Americans Residing Overseas
The answer is yes, you can open up a US$ account.
As an earlier poster said, you can open up a Citibank account in Australia, but this will not give you a local US AHA and Account number, to allow you to send and receive domestic transfers.
You can open up a proper US account with Bank of America or TD Bank (and some others I believe), but you have to be physically there to open it. Once it's been opened, you can operate it over the internet from anywhere.
Also TD will give you your debit card when you open it, so if you're just there for a short visit, that may be the best option.
It looks like opening a US domiciled account from Australia is very difficult, especialy since the Patriot Act came into force.
{HSBC} (http://www.hsbc.com.au/1/2/business/international) might be a start.
{Payoneer} (http://www.payoneer.com/) maybe what you are looking for.
It's tough. I operated my Washington Mutual account (opened while being physically there in 2000) till about 5years after arriving in Australia. But then they upgraded their security provisions and sent some correspondence to my US address (which was obviously unattended). Then I was unable to fulfil their new security provisions and the online access was barred.
Well you should have done things properly and told them you are moving to Aus for a while. They will change your address to Aus.
Get a Citibank Plus Visa Debit card or a GE Money 28 Degrees Mastercard. Both do not charge FX fees.