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A comment on Ask HN: Online banks where I can open account worldwide?. Parent comment

Re:Ask HN: Online banks where I can open account worldwide? by toweringgoat on Sunday November 25, 2018 @12:22PM (#18527752)
Schwab are great if you only want to keep USD. They're terrible otherwise, including the fact that they charge 1% currency conversion if you send them a non-USD wire.

And they're not a bank, meaning your cash isn't insured. (Unless you reside in the USA, in which case you can get a proper bank account with FDIC insurance).

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Re:Ask HN: Online banks where I can open account worldwide? by JulianWasTaken on Sunday November 25, 2018 @04:40PM (#18529226)
Ah -- makes sense, thanks, I do live in the US, and generally what I need/want the account for is just to be able to take out my USD in other currencies, not particularly to deposit other ones.
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