This seems to be a typical issue that has come up before. But one that I certainly haven’t been able to solve.Yet.
I am a South African resident and tax payer. I have a N26 Euro Bank Account and a US based trading account. My problem starts with the USD trading account. In order to transfer money out of the account I need a USD Bank Acc to transfer the funds into. Yes, I could transfer the money back to SA, BUT I really dont want t do that. Ideally something like Transferwise would be perfect. A worldwide debit card, holds various currencies, would even do away with the need for my N26 Euro Account. I have a physical address in the US as proof of address but no SSN. I don’t really travel to the US so opening an account in person isn’t really an option for now.
First option would be to open a US Bank account online like I mentioned with someone like Transferwise. If this isn’t possible I could use some sort of money transfer/exchange option to move funds out of US trading account into, have them do the foreign exchange and then deposit money into my N26 Euro Account.
Thoughts and advice please.