>Your comment makes me look at it from another angle. It suggests that it may be close to an offshore account (no proof of identity to open the account and no credit history requirement). However, since the accounts reside in the U.S. our government has access to it so is this really a means for our government to access the distribution of monies from accounts inside the U.S. held by non-citizens which didn't exist before? Is this really not a by-product of a capitalist society but really a behind-the-scenes government oversight???????
I thought I found a big loophole and you go find a GIANT one < s >.
Could be that (too?)!! And you must remember the story several months ago where the U.S. was tapping in to the SWIFT processing (in Belgium I think). With your thinking they'd have both ends covered (citizens to outside already, and now aliens inside and out).
I think it's pretty obvious that NO GOOD can come of this move by Bank of America. At least not for the average person, alien or not.
>
>SNIP
>> Close to an offshore account, I'd say.
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