I have done a lot of thread searching with no result to my dilemma.
I have just set up a Discretionary Trust with my wife and I as trustees.
As this Trust will be receiving monies from US rental properties in $US, which is the best bank to set up an account for this?
So far I have looked at HSBC`s icm account which needs $5k opening balance and have had suggested to me that Citibank with a $10k opening balance could be an option.
Has anybody got recommendations?
Thanks
I have just set up a Discretionary Trust with my wife and I as trustees.
As this Trust will be receiving monies from US rental properties in $US, which is the best bank to set up an account for this?
So far I have looked at HSBC`s icm account which needs $5k opening balance and have had suggested to me that Citibank with a $10k opening balance could be an option.
Has anybody got recommendations?
Thanks