Maintaining US Bank Accounts

[GeekSync]

For people who have moved from USA to Canada and are still maintaining their financial accounts (bank, investments) , how do you do so? My main concern is address.
Right now, I have set that as my friend's address however I don't want to trouble them with my mails as they will have to keep them until I visit and collect all of them.

 

[scylla]

For people who have moved from USA to Canada and are still maintaining their financial accounts (bank, investments) , how do you do so? My main concern is address.
Right now, I have set that as my friend's address however I don't want to trouble them with my mails as they will have to keep them until I visit and collect all of them.

My husband has several accounts in the U.S. (he's a dual citizen). We use his sister's address. So no real imposition since it's family.

 

[GeekSync]

Yeah, that's what I would do too but unfortunately I don't have close relative. My friends will eventually move to Canada and the other ones are not that responsible enough to keep the mail secure or separate.

 

[itsmyid]

For people who have moved from USA to Canada and are still maintaining their financial accounts (bank, investments) , how do you do so? My main concern is address.
Right now, I have set that as my friend's address however I don't want to trouble them with my mails as they will have to keep them until I visit and collect all of them.

Bank account is ok, you can just change your address to Canadian address , if you can’t do it online, you can call them to change it for you. I did that with Chase and I kept an US credit card the whole time. But you can’t have an active investment account if not living in the US , same as Canadian investment account, the moment I change your Canadian address to an US address , you are no longer able to trade anything in your Canadian account , except for retirement account that’s with a stock brokerage