Quote:
Originally Posted by will76
I agree, i've found out from talking to foreigners that they get charged to deposit checks at their banks, it takes longer to send them etc... So i get that. But I don't understand the people who was just letting the money sit in there for no reason.
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I think a lot of people used these offshore cards and banks with the purpose of tax evasion, hence why they kept large balances in there. Personally, I will never use anything that is not FDIC/CDIC insured.
WG