only possible because you had the accounts with the other banks or is it standard procedure that they open accounts remote like EU EMI's do?
It's their standard procedure, they only onboard clients through their mobile app.
only possible because you had the accounts with the other banks or is it standard procedure that they open accounts remote like EU EMI's do?
Some banks do take these risks, and if the other party fails to pay his duties and fled the country, that's where banks/financial institutions call people like meIf a foreigner returns to their country of origin, of course the bank will cancel the credit card. Look at it from the bank's perspective. If a non-resident foreigner fails to pay the balance on a credit card, how can the bank possibly collect what is owed if the account holder does not live in the U.S.? Why take that risk?
there are great and innovative digital finance solutions in the US, and it's more than just an EMI, these are real groundbreaking innovations, here are the list: