• Like

  • Follow
Bookmark and Share

How to Find a New Bank Abroad


Most likely your current bank will have another branch or partner branch abroad. If it does not, ask your bank for recommendations on banks in your destination country. If you are being relocated by your company, they will be able to help you in this area. Whoever you decide to open an account with, Relocation.com has a few pointers to offer about transferring to a new bank:

  • Although most credit cards are global nowadays it is advisable to obtain new cards once you move and dispose of the others. If you continue to use your current credit cards you will have to pay for the difference in currency rates and may incur additional fees. Keep this in mind when considering your options.
  • Request bank and credit references for use when you open a new account abroad.
  • You can option to open a bank account at a worldwide financial institution. By doing so your check cashing privileges can be more readily acquired and your emergency account will be more accessible.
  • Remember, there is no limit on the amount of money that can be transferred from one financial institution to another.


Rate This Article From 1 (Lowest) to 5 (Highest)
Average



Relocation.com
In the Press

A Moving Company's Moving Story
June, 2012

Relocation.com's survey was recently featured on the front page of USA Today. The headline entitled "Moving in Hard Times" highlighted our results that moving and relocating behaviors were only moderately influenced by the economy.

USAToday

Our lifestyle survey found that Americans are seeking smaller homes and a suburban lifestyle. These riveting results were recently featured on USAToday.com in an article entitled "American dream shrinks as smaller homes gain favor."

"This user-friendly site includes a blog and a subscription-only newsletter, too"

The Washington Post

"Relocation.com provides you with all the tools you need to get quotes quickly from movers in your area."

CNet

The Business Week

CommercialAppeal.com