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Benefits of Having a US Bank Account

Why do we need a US Bank account? Here are some of the benefits for the US bank account i posted earlier (E-Trade):
  • FREE ACH direct deposit into your account from Paypal, Adsense, 2Checkout, and many more. This is EXTREMELY important if you do any kind of online/internet business because you want to maximize profit while minimizing cost. Cost of Fund transfers can be a big chunk of your business if you have to pay for it EVERY TIME.
  • You get a FREE checking account with free checkbooks!
  • You get a FREE Platinum VISA debit card that can be used WORLDWIDE!
  • FREE ATM access worldwide - you can withdraw money from anywhere in the world for FREE at NO CHARGE unlike your current credit card.
  • you get full internet banking facility. So you can still do your banking transactions from anywhere on earth!
These are just a few of the benefits that you get if you open a n account with E-trade. But the deal clincher for me was that I get to transfer my money from paypal to my account for free. And I suggest that you do this as well, AS OFTEN AS YOU CAN because paypal is notorious for freezing people's account without any warning. It happened to me! Anyway, hope this is useful.

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