It’s getting harder, but yes—some offshore banks and EMIs do offer reliable multi-currency accounts with fair conversion fees. Often they’re licensed in jurisdictions like Mauritius, Seychelles, or even Georgia. The main thing is finding one that lets you receive and send USD without excessive fees or paperwork. To see which institutions people are currently using, check out
Offshore Banking. There’s a running list of banks that handle USD well and are open to international clients.