Join Date: Apr 2005
Location: Permanent Vacation
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A problem we ran into when we were last cruising (about 3 years ago): we had pulled in to get work for awhile, to replenish funds, and tried to open a bank account for convenience when cashing paychecks and paying local bills.
We gave St. Brendan's as our address, and the bank recognized it as a mail forwarding service. They told us that Homeland Security regulations stated we could not have a bank account with out a bona-fide street address, in other words, a domicile. So unless you live in a house, you can't have a new bank account.
We listed the marina at which we were temporarily staying as our street address and everything was okay. We closed the account when we left.
Homeland Security, in my opinion, is getting entirely too arbitrary in its 'one size fits all' regulations. But I don't know what to do about it. Maybe if all of us wrote our congressmen...
Fat chance and slim chance mean the same thing.
Saltwater Suzi and Cap'n Larry
"A sailboat is a fickle mistress. You’ve got to buy her things. You’ve got to understand everything about her. What you don’t know she’ll use against you." -Captain Larry
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