Son going to school abroad, how to handle money?
My 26 year old son will be spending a year in school in Germany. He receives financial aid. What is the best way, with the lowest fees, for him to have the money transferred from his bank here to Germany. He checked at his current bank and since the Patriot Act there are all sorts of restrictions. He thought that it would be easier if he added me to his bank account, so that I could handle any problems that might arise. Which leads me to another question. In the past he has mismanaged his bank accounts and his credit is cr@p. I think that he hasn't had any problems in the last couple of years though. Could this in any way effect my credit rating, which is excellent?