Opening Bank Account in Germany and USA

[Eirikur]

If you manage to open accounts abroad the cheapest way to transfer between them is using this:
https://transferwise.com/

Also for making payments to anybody anywhere in the world who has a bankaccount by far the best exchange rates

[clearedforlanding]

If you manage to open accounts abroad the cheapest way to transfer between them is using this:
https://transferwise.com/

Also for making payments to anybody anywhere in the world who has a bankaccount by far the best exchange rates

They are very good for immediate transfers, but I find if you can wait for a match the p2p rates on currencyfair win every time.

[clearedforlanding]

There is no legal bar to a Eurozone bank opening an account, except for the requirement to "know your customer", which may just mean a branch visit. If any Eurozone bank will do, Luxembourg banks may be easier.

They are not. I hold transactional with ING in LUX city, & investment with HSBC.

ID was a pain in the ass, and every single payment/deposit over 10K ex-EU required form filling at ING. Certainly a PITA for someone selling in volume in $ on Amazon.