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5000 sats \ 2 replies \ @justanumber 10 Aug \ parent \ on: How can I get money into my US bank account? bitcoin
wait... it's Mercury bank? That rings a bell for me, something happened recently involving that bank.
check this vid out (if you haven't already seen it) it explains a lot!
https://www.youtube.com/watch?v=PejnjvC0J8Y
Is there another US bank you can open remotely? I know it's very difficult opening a US bank acc when you are not resident and especially if you are not there, as I started looking into this a bit recently.
I guess that's not your only bank and you have other banks in other countries for making withdrawals and card payments? But you are wanting to try and keep the Mercury account open if you can?
Man, this banking situation is so precarious! I empathise as I have been nomad for the past 3 years and just moved to a country but don't have the residence card and tax ID to open accounts yet. I want to open accounts (other than my home country, which is a banking nightmare) but finding ones that will do it remotely is tricky.
I have been considering opening a Xapo account (based in Gibraltar) as you can open that remotely but 2 points stand out for me..
- it would only be temporary for me (1 year) as you have to open an account by mid Sept to get the current yearly fee of $125 per yr. After that is $1000 per year! I'm not paying that.
- It's a bitcoin/crypto bank as well as fiat (I would only use it for fiat) so anyone who knows you have that account (government or other banks) you are basically doxxing yourself as a "crypto person" even if you only use it for fiat and a fiat payment card, like I would. You'd be guilty by association. I'm still tempted though... just to have it in the back pocket as another banking solution.
Hope the video is helpful!
Finally someone who gets it. This is exactly what happened. Many friends had their accounts closed after the Trust Evolve thing. Thank you!
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You are welcome and thank you for the sats :)
What are your thoughts on the Xapo account, which you can open remotely, (at least just for the next year) for general use and card transactions?
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