A generic tag for questions on Bank Account. For specific questions use the "savings-account", "checking-account" or other specific tags. It is recommended that a specific country tag be used to indicate the geography of the question being asked

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2answers
52 views

Banking Advice for my new Job

I am moving to UAE for my new job soon from India. This is my first job as well. My Employer asked me to send my Banking Details. So what kind of account should I start, where should I start, and what ...
2
votes
2answers
247 views

Controlling parents: how to get back my money

When I was around 15 my dad and I opened up a savings account at Regions bank. Ever since then I've been working and only putting my money in this account. The situation at my house is causing me to ...
1
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1answer
59 views

Bank account in Seatle, Washington state

My brother used to have a bank account more than 30 years ago in Seattle where he used to live. Being disable due to a car accident, he is unable to follow up the matter. He lives now in a nursing ...
2
votes
1answer
30 views

FBAR needed if I wire transfer in installments?

Lets say I want to send $24000 to my parents account in India from USA. I will first transfer in NRE account. Then move money from NRE into my parents account. If I send $8000 to NRE, move it into ...
6
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2answers
513 views

is my bank making any money from me? [closed]

I use my bank account as a method to receive money , and not to store them. I usually receive small amounts of money like 100$ , 250$ or so , and then withdraw them as soon as they show up in my ...
2
votes
2answers
33 views

Proof of address for bank account for UK spouse of Tier 2 work visa

My colleague has a Tier 2 visa to work at our company here in the UK (probably for the next 5 years). He and his family are from Indonesia. Bills are all in his name, but his wife is not being allowed ...
3
votes
1answer
35 views

Tax implications of receiving cash bonus from bank for a non-resident alien

Suppose that a non-resident alien, who occasionally visits the US as a tourist, but who also happens to have a social security number (issued while being on an academic visa many years ago), opens a ...
0
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0answers
32 views

For what reasons a bank deny basic saving account [duplicate]

I applied to open a basic saving account with Citibank few days back in Malaysia (I'm not a Malaysian citizen, nor I am an American). I work in Malaysia, and one of the strict conditions of the bank ...
1
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0answers
33 views

Is it possible to open a US bank account without being physically present or having a SSN/EIN? [duplicate]

I want open business bank account in Michigan. I have not SSN. I have EIN. My friend is in Michigan. I don't want to go USA just for open Bank account. Is this possible to open business account online ...
0
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4answers
249 views

Is it wise to have plenty of current accounts in different banks?

Is it ok for an individual to open many (10+) current accounts with different banks? I have no business. The reason behind that is that I usually get a credit card with every new bank account I ...
1
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1answer
53 views

understand taxes when geting money from a project built long time ago plus my full time job

I have been employed full time in the UK for 1 year, I have no other side jobs and the company I am working for is paying taxes and national insurance for my salary, transferring the net salary to my ...
2
votes
1answer
74 views

Can I keep my bank account and SSN after giving up permanent resident status?

If I were to abandon my permanent resident status in US, will I be able to keep and use my Wells Fargo bank account? Also what happens to my Social Security number?
1
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1answer
43 views

Fund transfer from NRO to NRE a/c

I have transferred money from overseas to Indian savings a/c. when I went back to India I have opened NRE a/c and status of my savings a/c changed to NRO a/c. My question is can I transfer fund from ...
0
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0answers
65 views

How to transfer funds online from a Canadian CIBC account to RBC instantly?

I thought Interac transfer is instant but my mom wants to send me money from her CIBC account but she said it takes 2-3 business days? What method can be used to transfer from a CIBC checking to a ...
1
vote
1answer
70 views

Estate accounts requiring 3 signature for withdrawal, is same required for deposits

We have an estate checking account in WV. It takes 3 of us to write a check. Does it also take 3 signatures to deposit a check?
6
votes
3answers
510 views

In which circumstances can I open a bank account without SSN in the USA?

I wonder in which circumstances one can open a bank account without a Social Security number in the USA.
0
votes
0answers
27 views

Adding a Société Générale bank account to PayPal

I am trying to add a Société Générale bank account (based in France) to my PayPal account (based in France). To do so, the PayPal form asks me for my IBAN or my RIB, but neither seems to work: both ...
0
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0answers
35 views

Opening Business Bank Account in Europe

I have an online travel agency in USA and I want to open a business account in Europe to reach out to European customers. As an owner, I am not a resident of Europe. I appreciate if someone direct me ...
2
votes
2answers
44 views

Provide additional information for SWIFT transfer

I have an account in my local bank in Russia. I have sent the account details to the UK firm to receive a payment from them. Specifically, I provided SWIFT code of my bank and my 20-digit account ...
1
vote
1answer
67 views

How can I compare having accounts at various banks without opening an account?

I currently have an HSBC checking, savings, credit card, and overdraft protection account. I do not like HSBC though for a number of reasons, so I'm looking into transferring to a different bank. ...
1
vote
0answers
30 views

Finding an old savings account in Minneapolis Minnesota [duplicate]

I had a Franklin savings account opened in Minneapolis Minnesota over 30 years ago and I believe that I left money in it, how can I find out if I still have money?
2
votes
0answers
47 views

Foreigner wishes to open a US bank account

My mother-in-law has had bank accounts in the US for many years. She has a social security number but she is too frail to travel here. My wife has Power of Atty. giving her specific powers to open a ...
1
vote
1answer
835 views

What is the meaning of “advice confirms” in a bank statement?

I got some money transferred from a company in the USA to my UK bank (HSBC) account and I found that it is listed as "advice confirms" in the bank statement record online. What does this mean?
1
vote
1answer
150 views

Invest as dollars in India

I resides in India (currency:Rupees).I have my payment from a US based company in dollars.They sent me the amount via Paypal.Paypal converts the payment to rupees while transferring to my Indian bank ...
1
vote
1answer
58 views

Proof of identity to an oversea bank

I need to provide instructions to my oversea bank. I filled out the form and sent it to the bank. They called me on my account's phone number to let me know that the form was rejected because "my ...
4
votes
2answers
98 views

What payment options are there besides checks and direct deposit?

My employer is planning to require all employees to be paid by direct deposit. A number of our employees are unbanked, and opening an account is not practical. I understand the employer's concern to ...
6
votes
3answers
349 views

Why would a bank refuse to open a bank account?

About 4 years ago, I try to open a bank account for my wife and they refused to open an account after they ran her passport. I asked the manager lady why, but she wouldn't tell me why or she refused ...
1
vote
1answer
73 views

Chances of losing money in a foreign bank account

I am working in Singapore. I am going to move to Germany. So I am not sure if I should close my bank account. Is there any chance of losing money in the account (i.e. the bank confiscates it citing ...
2
votes
1answer
46 views

Is there a US credit union for foreign people?

I need to open a US account. I work for US based clients from Argentina and I need to receive payments and to transfer funds outside the US. I'm using PayPal, but I need another option to receive ...
1
vote
0answers
68 views

Recover abandoned US bank account

I have had problems to find out where, at which American bank, a company I worked for had deposited commission cash and given custody of some shares I purchased through options. But now that I found ...
1
vote
1answer
109 views

Can I deposit money in Indian PPF account while living in US

I have been living in US for 2 years and working on H1B visa. I might continue staying here for few more years. Before coming to US, I had opened a PPF account with State Bank of India. My question ...
3
votes
1answer
1k views

Personal bank account for non-resident in UK

I have just received a job offer in the UK (for a UK company) and i want to open a personal account with a UK bank to receive my salary and avoid international fees. I've read around the web about UK ...
2
votes
3answers
645 views

What Canadian account number format do European banks need for wire transfer instructions?

I am trying to transfer funds from my account in Europe to my account in Canada. On the sending (European) bank's transfer instruction form there is a field I need to fill-in in the beneficiary's ...
0
votes
2answers
546 views

How do celebrities protect their banking-related identity?

Wanted to know this for a very long time, but not sure what's the best place to ask. Their information is everywhere, and public. Like movie stars, pop stars, etc. I know some use a company account, ...
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votes
1answer
84 views

From ACH direct debit to Prepaid card?

I am searching for solution how to be direct debited (ACH) to personal or business bank account where those funds would arrive (deposit) to prepaid card? The solution must meet all three of the ...
1
vote
2answers
335 views

Non-U.S. Citizen Backpacker Working Remotely for U.S. Company

I've worked full-time in the United States for a software development company with a F-1 Visa (OPT). Now, I am going to be traveling and working remotely for that company. Facts: I am not a U.S. ...
2
votes
2answers
409 views

Current Account Monthly Pay In

I've seen from a question here, along with some reading I've been doing on MSE that I can have multiple current accounts at the same time. What I'm trying to do now, is to work out if I can use this ...
0
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0answers
92 views

Opening a bank account in HSBC without visiting

Is it still possible to open a non-resident bank account in HSBC Hong Kong with a small deposit? This answer suggests that it can be done, but this is quite outdated so I wanted to check if it can be ...
2
votes
1answer
167 views

For SSI, is “authorized user” status on a bank account the same as “ownership”?

My friend has added my name to one of his bank accounts so that I can use a debit card on that account to buy things for him and make payments for him. I am applying for SSI and need to declare ...
1
vote
1answer
500 views

India Freelancer - how to get money directly in bank account (without PayPal), how to pay tax for this extra income

I am a part-time Freelancer providing software consultation to clients in US and Ireland. I also work in an India Software company, which does the tax computation for my salary. (My Company doesn't ...
3
votes
1answer
164 views

Should I update my address tied to an old bank account if I'm planning to move again in a couple of months?

I have just realised an old bank account of mine (overdrawn, making irregular payments to counter the interest while I focus on higher priority debts) still has my old address. It's been three years ...
0
votes
2answers
199 views

Paid via PayPal with bank account, but was a couple dollars short

Paying for an item from a store in another currency. Last time I did this, to the same store, PayPal showed me the current USD charge instead of just the foreign currency before I actually hit submit, ...
0
votes
1answer
1k views

Opening US Bank account for US citizen while abroad

I am an American citizen with a social security number, but I'm currently living abroad and am not planning on visiting any time soon, and I don't have any state-issued ID. Is there a bank that will ...
1
vote
1answer
151 views

Getting money paid to a US based bank account for Indian company based invoice

I work for an american company and I used to get paid before directly by check. But now, I am raising invoices (for the work I do) from my Indian company. Is it ok if the USA company pays the Indian ...
-1
votes
1answer
93 views

Why no “reverse direct deposit” setups?

Every online payment provider I've examined requires the user to link their bank account to their online account: paypal.com circle.com coinbase.com Especially in the US, this isn't the most ...
0
votes
3answers
193 views

Multi member member-driven LLC Bank Account without the personal presence of one the memebers

We have an LLC which has two members (we both are foreigners), this LLC is member-driven. We need to open a business bank account, but the problem is, that one of the members can't come to USA, is ...
1
vote
2answers
133 views

Hong Kong - What's the difference between Current Account and Savings Account here

I know there is already a question called “Savings” account vs. “current” account - what's the difference?" on the site but bear with me, I believe that doesn't answer my doubts. I know very well ...
0
votes
1answer
172 views

Does Income tax deduct automatically by bank in India?

I have a savings bank account in India. I have earned some lakhs this year through some freelance work. I would like to keep that money in the bank itself. Do I need to manually do anything for ...
9
votes
1answer
1k views

How do I close a bank account that I no longer have any information for?

There is a Barclays bank account in my name that is overdrawn that I haven't touched in about 5 years. I went to the bank with my passport, and they said that it wasn't coming up on the system with ...
4
votes
2answers
258 views

Separate bank account for security deposit from tenant

My state (Maryland) requires me to have a separate bank account (escrow) for the security deposit collected from the Tenants. My questions: 1) Do banks have separate bank account for such a purpose ...