Word: visaed
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...increasingly attractive summer vacation spot. But as the annual invasion gathers strength, a perennial complaint is again being heard from Western visitors: an American can usually gain entry to their countries merely by flashing a passport, while they cannot come to the U.S. without also obtaining a visa...
...surge of applicants has made the embassy in London the busiest U.S. visa office in the world. Lines of 100 or more British and other, primarily Third World, nationals spill down the steps and onto the sidewalk outside the embassy building on Grosvenor Square. Inside, 60 employees process as many as 6,000 applications a day. At any moment, some 60,000 to 80,000 British passports are in the embassy's hands. Boxes and baskets overflow with applications. Harried staff give hurried glances before rubber-stamping approval. Applicants, once thronged inside, now wait mainly outside. Says Visa Unit...
...embassy has tried any number of schemes to ease what one weary applicant called "organized chaos": newspaper ads advising British tourists to apply early and by mail for standard three-week service; white boxes where rush customers can drop their passports and applications and be mailed a visa the same day; black boxes for the truly desperate, who can drop off their passports and applications and pick up a visa three hours later. But these efforts have not cleared away the crush, just pushed it onto the street. U.S. Consul General Alan Gise attributes the upsurge to the "Laker legacy...
Citibank is already preparing for nationwide banking. It has put its VISA and MasterCard into the pockets of 5 million customers throughout the U.S. and is moving its credit-card operation to Sioux Falls, S. Dak., where it is free from any restrictions on what interest rate it can charge. Regional banks, such as North Carolina National, and Citizens & Southern in Atlanta, also want the right to expand across state boundaries and are promoting a law that would permit them to do banking in nearby states...
...write checks (of $500 or more) at any time. Better yet is Merrill Lynch's Cash Management Account. Customers with $20,000 to invest can not only reap high money-market yields but also write checks of any amount or use their accounts to pay for purchases with VISA debit cards. Some 300,000 people have opened Cash Management Accounts, which are available in 35 states, and another 1,000 are joining the program daily...