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<p>[QUOTE="Collector1966, post: 1202813, member: 17919"]I think the restrictions on setting up bank accounts in foreign countries have become move severe since 9-11, and especially in the last 5 years or so.</p><p>And you have to report all foreign accounts to the Treasury Dept. if the cumulative balance reaches $10,000 at any time during a tax year.[/QUOTE]</p><p><br /></p>
[QUOTE="Collector1966, post: 1202813, member: 17919"]I think the restrictions on setting up bank accounts in foreign countries have become move severe since 9-11, and especially in the last 5 years or so. And you have to report all foreign accounts to the Treasury Dept. if the cumulative balance reaches $10,000 at any time during a tax year.[/QUOTE]
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