Foreign Bank Accounts - worth keeping?
Posted: December 26th, 2018, 5:02 pm
Hi
Having done a couple of stints abroad, I have some bank accounts abroad (US and Eire) which I don't use now, but have kept them open as I think I will need them when I retire (I have a 401K in the US and company pension in EIre). Is it easy enough to get money out of those countries when it happens, so I should close them now, or is it worth keeping them open to use when I need them? They don't cost me anything, but it's irritating getting statements with zero balances and there's a small amount of admin involved. Anybody got a similar experience?
TIA
Maylix
Having done a couple of stints abroad, I have some bank accounts abroad (US and Eire) which I don't use now, but have kept them open as I think I will need them when I retire (I have a 401K in the US and company pension in EIre). Is it easy enough to get money out of those countries when it happens, so I should close them now, or is it worth keeping them open to use when I need them? They don't cost me anything, but it's irritating getting statements with zero balances and there's a small amount of admin involved. Anybody got a similar experience?
TIA
Maylix