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Better add... if you are a US citizen resident in the US, this scenario is different, and can be more problematic in that there is an obligation to state worldwide income to the IRS annually and an awareness by the US govt of citizens operating OS bank accounts. (Other countries don't have this degree of possible problems.)
PS OS banks will not discuss client accounts, but the IRS have their own methods of tracking.
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XXX TLD's - Another mosquito to swat.
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