Sunday, July 12, 2015
UBS is not a foreign bank
When I can walk down the street to do my banking at UBS, Raiffeisen or the Post, that is a LOCAL BANK."
For me, Chase, Wells Fargo, CitiBank are foreign banks. I can't have accounts there even if I wanted to because I don't have a US address. I can't have an account there because I'm no longer an American citizen because I had to make a choice between having a bank account in a local bank (read: where I live, work, play, sleep, eat, vote etc.) or be American. Not a choice anyone should have to make.
Posted by DL NELSON at 4:30 AM