> My (limited) experience with US banks is that they have huge hidden fees and you get really bad currency exchange rates. I'm talking about 8% of funds miracul

> My (limited) experience with US banks is that they have huge hidden fees and you get really bad currency exchange rates. I'm talking about 8% of funds miraculously disappearing during currency exchange. I don't understand why anybody would bother going via USD. You need to shop around for a better US bank account. This is not a common thing for us to do so if you pick up a random bank then you’ll be paying close to 10% in various conversion and fx fees. There are definitely US banks that charge 1%, some even 0%.