Opening a Bank Account
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Re: Opening a Bank Account
The banks want your money, so I doubt they would make it too hard.
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Re: Opening a Bank Account
Ok, let's have a look at the old scoreboard. Green light. He's telling the truth. You're outa here!DankSinatra wrote: ↑Sun May 08, 2022 5:39 amKYC and CDD....I call bullshit.aroimakmak wrote: ↑Sun May 08, 2022 12:24 am My experience was about 6 years ago so things maYesy have changed, but I managed to set up an account easily with ABA, on just a tourist visa. Only needed my passport. They mentioned that a work permit/visa (can't quite remember the exact one) was required. When I said I didn't have one they immediately decided to turn a blind eye to that fact, and open the account.
Things were a little easier, even as recently as 6 years ago, and it can depend on the staff.
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Re: Opening a Bank Account
You'd think so wouldn't you?techietraveller84 wrote: ↑Mon May 09, 2022 12:24 pm The banks want your money, so I doubt they would make it too hard.
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Re: Opening a Bank Account
How wrong can you get. No, the banks dont want your money, however they do want you as a customer. The big banks create their own money so there is no need for them to borrow piddly amounts of money off customers and that is why the interest rates offered on deposits is so low compared to the interest rates charged for loans.techietraveller84 wrote: ↑Mon May 09, 2022 12:24 pm The banks want your money, so I doubt they would make it too hard.
Banks have the ability to create money the same as governments create money, it's just a number on a computer in the system which is offset by another number in the system.
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Re: Opening a Bank Account
Hmm, not sure that's true at all.Tootsfriend wrote: ↑Mon May 09, 2022 5:50 pm
Banks have the ability to create money the same as governments create money, it's just a number on a computer in the system which is offset by another number in the system.
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