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Old 01-21-2007, 07:12 AM
Billman Billman is offline
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Join Date: Nov 2003
Location: Huggling
Posts: 425
Default Re: For Americans Abroad...

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And if you're living abroad you probably have one. I'm an American living outside of the US and I have a foreign bank account. Even if you're just saving yourself the conversion fees it's always good to have a local account in the local currency.

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It's true you probably have a foreign account somewhere. However, it's not always a good idea to have one in the country you are living. I wouldn't recommend one for Argentina. Also, I don't pay conversion fees, I get the interbank exchange rate with ATM withdrawals and my bank charges no commission. I also have ARS, USD, EUR, and CHF accounts at my one bank that I use (not in Argentina).

This for instance makes it impossible for me to use Neteller since they won't take wires from Switzerland when my address is Argentina. It's also no causing problems with Party Poker. I suspect KKF is in the same boat as gambling is illegal in Thailand and as such using a Thai bank account for funding online poker is probably not a good idea.

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Ahhh, yes Thailand can be a bit of a pain in the butt. I'm actually in the middle of planning a little holiday down in Phuket for March or April (though I do want to avoid Songkran).

Well, he has the double issue of being in a place where nobody wants your business (gambling being illegal in Thailand and all) and needing a bank account. I have to admit that I just assumed some place like Europe. And you'll have to excuse my ignorance on this but I would assume major international banks offer services in places like Argentina and Thailand. I can see why you may not want a local Argentinian bank account but if you had an HSBC, RBS, or Barclays account via their offshore services divisions you could keep USD, EUR, and GBP balances.
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