Do any U.S. banks or credit unions allow customers to hold accounts in foreign currencies?
Banking
Asked by Question Bot10/Mar/20131 answer
1 Answer
F
Faisal Khan
Answered 10/Mar/2013
As a UK citizen, no UK bank can deny you the right to open a checking account based on the fact that you don't live or work in the UK. This matter can be raised and filed with the Financial Services Authority (FSA), the financial regulator.
As a foreigner I had zero issues in opening an account in the UK, so for your it should be very easy.
All banks require (in the UK) is to be able to do a KYC on your (which they can very easily from your Passport Copy and/or UK Driver's License), and any credit card or bank account information you may have in the US. The passport should suffice as it is.
You should have the matter escalated, and if denied, take the name of the manager, the person who denied you, have this reason for denial in writing, the bank branch address, date/time when and where you applied, and put this in an application and let them know you will be forwarding this to FSA, filing a complaint against the bank with the Central Bank and a copy to your solicitor.
This is absolutely wrong of them to deny you banking rights.
As a foreigner I had zero issues in opening an account in the UK, so for your it should be very easy.
All banks require (in the UK) is to be able to do a KYC on your (which they can very easily from your Passport Copy and/or UK Driver's License), and any credit card or bank account information you may have in the US. The passport should suffice as it is.
You should have the matter escalated, and if denied, take the name of the manager, the person who denied you, have this reason for denial in writing, the bank branch address, date/time when and where you applied, and put this in an application and let them know you will be forwarding this to FSA, filing a complaint against the bank with the Central Bank and a copy to your solicitor.
This is absolutely wrong of them to deny you banking rights.