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Real Estate
Reply to "Moving from Europe, need to rent in DC area"
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[quote=Anonymous][quote=Anonymous]OP again. Thanks for all the comments and advice. [quote]They probably will want a check, but you probably can get a bank to prepare a cashiers check for you. There may be some benefits to opening a $ account when you're here, anyhow. (This is a lot easier than in Europe - minimum balances requirements are small). [/quote] Can you please expand on that? I am coming to DC for 5 days this month to look for a house. If I open a bank account, I assume I will have to transfer funds from Europe before the bank can prepare a cashiers check, don't I? And such a transfer takes a few days to arrive. Or should I be opening a bank account before travelling? Is it possible at all? Thank you[/quote] Call the bank ahead of time. (I have no personal preference, but I do recall, at the time, that Bank of America was appealing because it was in a consortium with Deutsche, Barclays, BNP-Paribas and a couple others that let you use all their ATMs fee-free). You need some cash to open an account and I definitely recall that you couldn't do it over the phone from overseas. BUt the minimum balances were not a lot - like, a hundred dollars or so. So, you might be, relatively easily, able to open an account while you're here with a small balance, withdrawn from an ATM and then transfer a larger balance, using a wire transfer, when you're ready to put down a deposit. I used XE.com for international wire transfers and liked them, though it's been a couple years now. I suspect your spouse's colleagues at the new office could speak to some of this, too, though.[/quote]
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