Setting Up Internet Banking

June 12, 2008 – 8:25 pm

Finally, I managed to set up my internet banking with a foreign bank. It was a tedious affair and guess what? From the day I applied for it till the day I successfully managed to log into my bank account on the internet, it took me a total of three MONTHS!

The more amazing thing was that from the day I wrote in to my bank to make enquiries and start the process of applying for a savings account until the day I have my internet banking access took a total of FIFTY WEEKS! That’s just two weeks short of a YEAR!

I told my friend that this could possible be listed in the Guinness Book of World Records as the longest time it took for a person to set up internet banking! I wonder if there is such a record already. I could easily break that! Haha!

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  1. 4 Responses to “Setting Up Internet Banking”

  2. Hi,

    Wondering if you opened the account in a US bank?

    A lot of people outside the US ask how one does this, and I’ve always just said to go to HSBC or another big global bank to see what they can do for you.

    Any tips on how somebody outside the US can get a US bank account (in addition to waiting 50 weeks…)?

    Thanks

    By bankwatcher on Jun 12, 2008

  3. Hi,

    As far as I know, US banks in your respective countries will be able to assist you in opening a bank account in the US.

    I went to the US for a holiday and managed to get an account there.

    By Cyberpartygal on Jun 12, 2008

  4. Does opening a bank account in another country impact your base dollar amount? For example, having an American Bank account as compared with a European Bank account would be worth less as the dollar isn’t as strong as it once was?

    By Joe Takkle on Jun 12, 2008

  5. Hi Joe,

    For US account, the currency will be in USD so it will always be lower in value compared to an account with EUR in a European bank.

    By Cyberpartygal on Jun 12, 2008

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