Originally Posted by Carolinian

The climate has definitely gotten chilly for western European banks opening or even keeping open existing bank accounts for Americans, thanks to some onerous IRS reporting requirements imposed in Obamacare. Finding a bank in some western European countries can now be a problem.

Fortunately, I am in eastern Europe, and for some reason the banks here haven't freaked out about that yet. I have accounts both in the country I work in and in the neighboring country. One is in dollars and the other in euros, although neither country actually uses the euro. Most banks in this region allow accounts to be maintained in your choice of local currency, dollars, or euros. Some also offer other currencies like the Swiss frank, but those are not common.