I am interested in opening a savings account in CH, no or low minimums, residing in the US?something that has no fees or very little , mainly for savings purpuses… ANY HELP? big banks like Credit Suisse require a million minimum?
I am interested in opening a savings account in CH, no or low minimums, residing in the US?something that has no fees or very little , mainly for savings purpuses… ANY HELP? big banks like Credit Suisse require a million minimum?
You could try an EverBank WorldCurrency Access Deposit Account (see the link below) The minimum is $2,500, and it’s FDIC insured. They offer accounts in a few dozen foreign currencies.
If your goal is to diversify across multiple foreign currencies as a hedge against risk, this is a great way to go.
On the other hand, this is *not* a “Swiss bank account”. If your goal is to hide interest earnings from the U.S. Government, this isn’t your answer. EverBank still reports your earnings to the IRS.
Check out Everbank.com. Very interesting site and they deal with foreign currencies that is US FDIC insured.