Should I open a US bank account for my study abroad? [closed]

I am going to start a year's study in the US, transferring from the UK. I will be staying in San Diego, CA.

In the UK, I currently have a student account with Santander and a general account with HSBC. Ideally, I'd like to use my student account while abroad but fear that I will run into too many costs, such as transfer fees and conversion costs etc.

Would opening a bank account in the US and transferring my money in bulk be beneficial, or would I be better off using my English bank accounts?

I have also heard of an international debit card service that companies like the Post Office run but since seeing the failure that is the Travel Money card, I'm sceptical. Any thoughts on this?

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Can I keep my US bank account if I leave the country?

All you have to do to keep it intact is to have the address on the account changed to a relative or friend's address in America and have your statements sent to you online.

Can I have a US bank account with a foreign address?

Depending on the branch and state, it is possible to open a US Bank Account with just your passport and a US address. You don't need to show any utility bill on your name, just be able to receive mail in that physical address. Citibank also offers solutions for non residents.

What can restrict you from opening a bank account in the US?

Banks may freeze bank accounts if they suspect illegal activity such as money laundering, terrorist financing, or writing bad checks. Creditors can seek judgment against you which can lead a bank to freeze your account. The government can request an account freeze for any unpaid taxes or student loans.

Should I keep a US bank account?

Reasons to keep your U.S. bank account open Plus, if you're someone who doesn't really use online banking, sending a check from a foreign bank to pay for a bill might take several weeks to clear. Keeping your U.S. bank account open will help you pay off your bills in a stress-free and easy manner.

I Wish I Knew These Forex Credit/Debit Cards \u0026 US Bank Accounts Before Coming To USA!

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