howdy, i have dollars in paypal which i want to put in my bank, but is there any savings/current currency account which i can deposit the money with no fees/charges, or would i have to create an account in USA to do that?
You should be able to get a USD deposit account without fees. I am pretty sure that there are no fees on the Investec USD deposit accounts. You really are best off doing a ring around of all the above listed banks to get USD rates and any potential fees.
good idea but wouldnt i need a SSN number to open one?
I'm looking into opening a USD acc also. Investec don't seem to have an on-demand USD account. I'd rather not wait for my cash should I wish to convert to Euro in order to take advantage of a favorably exchange rate.
Any way around this..?
Sounds like opening an on-demand USD account elsewhere is your only option. Have you checked with the other banks listed above?
Revolut might be the way to go. It is a pre paid debit card onto which you can load USD, GBP, and EUR. Ideal for managing travel funds.Any other bank you aware of ?
Same question still stands 5 years later ...
I am saving US dollars for a future US visit , anyone know which Irish bank or financial institution can open a US dollar account for me without complications ?
I rang AIB , KBC with no luck . AIB said you need to have an income from rent in US dollar or a good reason to open one , Ulster Bank do but they don't give appointments during COVID period
Any other bank you aware of ?
Just go to an ATM, preferably one operated by one of the large banks, for example, Bank of America, and use your Revolut card to withdraw the cash that you need. Although you shouldn't need much cash, the U.S., in common with many countries, is rapidly moving away from cash due to Covid.but can I get cash from that account somehow ?