http://www.increase-savings.com/answers/opening-a-savings-account-in-swiss-francs/ Guides and tips on getting more bang for your buck Thu, 11 Mar 2010 21:27:46 -0500 http://wordpress.org/?v=2.8.6 hourly 1 http://www.increase-savings.com/answers/opening-a-savings-account-in-swiss-francs/comment-page-1/#comment-4964 Gary Mon, 09 Nov 2009 21:27:48 +0000 http://www.increase-savings.com/answers/opening-a-savings-account-in-swiss-francs/#comment-4964 Check out Everbank.com. Very interesting site and they deal with foreign currencies that is US FDIC insured. Check out Everbank.com. Very interesting site and they deal with foreign currencies that is US FDIC insured.

]]> http://www.increase-savings.com/answers/opening-a-savings-account-in-swiss-francs/comment-page-1/#comment-4963 Mike Mon, 09 Nov 2009 16:02:22 +0000 http://www.increase-savings.com/answers/opening-a-savings-account-in-swiss-francs/#comment-4963 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. 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.

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