What are some online banks that allow Americans to save in euros?

Question

Also, are they any legal restriction? Tax implications?

I am looking to diversify my savings by putting my money into both dollars and euros.

Answer 1

Tax implications - yes they are an automatic audit by the IRS.

Check out the msnbc site for tax implications for this year's filing. They have plenty of automatic IRS advice.

GOD bless.
CPA-retired

Answer 2

You don't need a bank to save in Euros.

You can use PayPal.

You can email me $2.00 USD and I will email you $1.00 EUR to your PayPal account if you want. Just to show you how it works.