Quote:
Originally posted by synapse
We have an account with Bank of America which definetly doesn't have a 100k in it but we haven't had any problems ? I wonder is it because you set-up the account with your AU company ? Our's is registered to our US LLC ...
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Yep the $100k minimum only applies to "foreign" accounts. As a US company I expect that you'd no longer be classified as a foreign account holder.