Thanks for all the interestng information on this thread. I am in the process (beginning) of buying some Buffalo property but was told I need to set up a US bank account. I was also told that HSBC were best for this as they have so many branches across the world. I needed to set up a UK bank account with them before I could apply for a US one. I am now told that their are 2. A foreign currency account which you just tack onto your UK account or a full blown US bank account where you get a cheque book and cards. Any ideas on which one I would need, they dont seem to know at HSBC.
