[AusNOG] Transacting in USD

Jared Hirst jared.hirst at serversaustralia.com.au
Mon Aug 10 11:21:32 EST 2015


I have a USD bank account with CBA, I just emailed my bank manager and they
did this for us, it is now in our CBA login too!

On Mon, Aug 10, 2015 at 10:36 AM, Scott Howard <scott at doc.net.au> wrote:

> On Sun, Aug 9, 2015 at 5:22 PM, Matt Palmer <mpalmer at hezmatt.org> wrote:
>
>> Pretty much any (big) local bank should be willing to give you a
>> USD-denominated account -- the two that I've seen asked about it have both
>> been willing.  The fees will be eye-watering (because they can), and
>> you'll
>> still be paying the stupid international wire fees, but to save currency
>> risk, they're quite handy.
>>
>
> International banks may be a better option.  I have accounts with Citibank
> in the US (USD) and Australia (both AUD and USD).  Transfers between the
> two countries are free, with an excellent exchange rate if transferring
> currency.
>
> However I'm not sure how easy getting a US account setup would be if you
> don't have a legal presence in the US (I'm a US resident, so it was easy)
>
>   Scott
>
>
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