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overseas bank accounts
#156532 05/02/2007 1:10 PM
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I live in the U.S but would like to open a bank account in the U.K.
Has anyone done this?
blather blather blather...

Re: overseas bank accounts
Tartan #156533 05/02/2007 1:28 PM
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I'm not sure about the specifics of setting one up, but I've heard of folks using pay pal accounts to quickly transfer funds from their accounts in different countries.


Learning from my mistakes... again and again.
Re: overseas bank accounts
nuthin #156534 05/02/2007 6:17 PM
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Paypal includes a charge for doing this, and so will the bank in the originating country for changing currencies. You can't get away from the charges completely, but if you can get a foreign account it reduces the charges.

Re: overseas bank accounts
Tartan #156535 05/03/2007 2:06 AM
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Quote:

I live in the U.S but would like to open a bank account in the U.K.
Has anyone done this?
blather blather blather...




Not sure why you want to do this but I think you are gonna have trouble - most banks will require two forms of ID ie passport/drivers licence and some form of address verification ie recently paid utility bill. All to do with stopping money laundering apparently.

I have attached links for some of the major banks - good luck

Nat West
Lloyds
Barclays

Re: overseas bank accounts
Tartan #156536 05/03/2007 6:08 AM
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To open an account in the UK you must have a UK postal address otherwise big problem.


.

Re: overseas bank accounts
Tartan #156537 05/03/2007 8:02 AM
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I've heard that the Isle of Man is a big banking center, like the Cayman Islands. If this is true an IOM account might be easier to open.


Steelheart- '03 Speedmaster Black/Yellow The Hayabusa Killa 16" Shorties/140 mains/Airbox drilled Procom CDI "There is no cure for Celibacy. But we can treat the symptoms."
Re: overseas bank accounts
BrianT #156538 05/03/2007 7:17 PM
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I just checked. Google 'Isle of Man Bank' and you should find what you need.


Steelheart- '03 Speedmaster Black/Yellow The Hayabusa Killa 16" Shorties/140 mains/Airbox drilled Procom CDI "There is no cure for Celibacy. But we can treat the symptoms."

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