[AusNOG] Transacting in USD

Jared Hirst jared.hirst at serversaustralia.com.au
Mon Aug 10 13:01:20 EST 2015


If it's business, give the business banker a call.

Or hit me off list and I will provide some GOOD contacts :)

On Mon, Aug 10, 2015 at 12:45 PM, Skeeve Stevens <
skeeve+ausnog at theispguy.com> wrote:

> Yeah, we're with Commbank now.  Just don't ever assume their branch staff
> have a clue.  Their call centre staff are also clueless.
>
> We had to ring 3 times... and pointed out what was on their website, and
> when we got the person who did know about it, they knew no specific details
> about the mechanics... customer service is so bad these days :(
>
>
> ...Skeeve
>
>
> --
>
> Skeeve Stevens - The ISP Guy - Internet Provider SME
>
> Email: skeeve at theispguy.com ; Cell: +61(0)414 753 383
> Skype: skeeve; Blog: TheISPGuy.com <http://theispguy.com/> ; Facebook:
> TheISPGuy <https://www.facebook.com/theispguy>
>
> Linkedin: /in/skeeve <http://www.linkedin.com/in/skeeve> ; Expert360:
> Profile <https://expert360.com/profile/d54a9>
>
>
> On Mon, Aug 10, 2015 at 8:21 AM, Jared Hirst <
> jared.hirst at serversaustralia.com.au> wrote:
>
>> 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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>>>
>>>
>>
>>
>>
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>
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