OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

We talked about this for yrs-now it’s finally here–from Murph tonight

Posted by Richard640 @ 19:16 on August 6, 2014  

Re: FATCA

Bill,
This is apparently already in effect. Monday I transferred a few thousand dollars from my Tulsa account to my French bank, using a very good service called TransferWise. They couldn’t complete the transfer and have created a nightmare situation for me because the transfer came from my US checking account, which also has my company name on it. This puts it into a whole new category that FATCA scrutinizes carefully. The European and other international banks are running scared over this US overreach. It bodes not well for the future.

DD

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.