Another thing to keep in mind is that you can open up a US bank
account (given you're in the US) without a social security number. I
did that in the early years of being in the US. So if it's important
to have a US bank account, then all it takes is a trip.



On Sep 14, 5:45 am, Geoff McQueen <geoff.mcqu...@hiivesystems.com>
wrote:
> a foreign currency account is very different to a foreign bank account.
>
> people here will want to do a "wire" (direct deposit/eft), and they'll want
> to know your routing number (bsb) and your account number.
>
> bet you a glass of your finest lager that cba provides you with an aussie
> based account without any of these details, but where the funds are in USD.
> that will be useless to you. much like CBA and the rest of the australian
> banks, actually. four pillars of bad service and high pricing.
>
>
>
>
>
>
>
>
>
> On Wed, Sep 14, 2011 at 03:04, Steven Noble <ste...@snoble.net> wrote:
> > Thanks Geoff. Good advice. Hope all is going well for you stateside.
>
> > I've since discovered that my bank, CBA, offers foreign currency accounts,
> > which made me wonder whether the advice to go with Citibank was because they
> > had a key advantage? Cheaper? Friendlier? Etc?
>
> >http://www.commbank.com.au/business/international/international-payme...
>
> > Likewise with Ozforex -- I'm guessing you compared them to a bunch of other
> > international exchange providers and found they were
> > cheaper/friendlier/whatever?
>
> > --
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> --
> Geoff McQueen
> Founder & CEO
> Hiive Systems
>
> Phone: 1.877.425.7315 (US) - 1800 2 44483 (AU)
> Cell/Mobile: 650.450.4384 (US) - 0414.678.466 (AU)

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