From: john boyle 
Newsgroups: uk.finance
Subject: Re: Dollar bank account - costs to/from USA?
Date: Sat, 21 May 2005 10:05:34 +0100

In message <3f6tneF6c1q6U1@individual.net>, usenet@isbd.co.uk writes
>> what it is supposed to do)
>
>So it's quite unlike a Euro account then?
>
>You are saying that if I open a USD account it's basically like any US
>citizen's account in the US and I can receive payments by cheque and
>make them much as they would (with similar charges of, hopefully, less
>than a dollar per transaction).

I am not up to date on the current charges, but you certainly wont incur 
the transmission and exchange costs. I would expect a charge for sending 
the cheque back to the states, thats all.
>
>A Euro account opened at HSBC (or anywhere similar) is not like this
>at all (as I understand things at the moment).
>

Perhaps you can explain further. In my day the Euro didnt exist!

-- 
John Boyle