Any updated information on overseas residents (US citizens) denied access to US banks? So far, my accounts at BofA remain open - though I have limited priveleges - e.g., I can't open a CD. I would like to change banks but have not found any institution that accepts depositors without a physical (and checkable, I presume) US address.
Answers
Americans Residing Overseas are Denied Bank Accounts
Domestic mail and international mail that bears a U.S. military delivery address or return address:
APO/FPO addresses are not international addresses. There is an assumption, that because the addresses reside in a foreign country, military mail goes through an international postal carrier. This is not so. Our mail goes through United States Postal Service-Priority Mail.
http://support.apobox.com/entries...PO-address
International Direct Deposit (IDD) is available to U.S. military retirees living in eligible locations overseas:
http://www.dfas.mil/retiredmilitary/manage/idd.html
