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Any Americans Had Problem Open Bank Account Outside USA?
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05-21-2014, 02:36 AM
scubadiver626
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Join Date: Oct 2006
Posts: 1,034
$250k will get you a protected account with Merryl Lynch Hong Kong.
I only like keeping money in the USA for fdic.
Had a bank go out of business in the Philippines, total loss.
Be careful offshore! Plenty of Corp formation companies out there.
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