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International Automotive Technicians Network
Re: Money transfer out of country?
Posted to Open Discussion Forum on 1/7/2019

Most foreign banks will no longer allow Americans who are not a bona-fide resident of said country to have an account. FATCA and FBAR compliance in the Patriot Act.

Basically, if an American has a bank account in a foreign country, that banking institution m... Login to read more.