Dear all, is it possible if I were to open an overseas bank account locally which offer me higher FD rate?
This post has been edited by wwc88: Sep 23 2014, 06:41 PM
Fixed Deposit Rates in Malaysia V7, Please Read Post# 1 & 2
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 Sep 23 2014, 06:24 PM
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#1
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Junior Member
98 posts Joined: Feb 2008 
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http://www.deposits.org/world-deposit-rates.html
Dear all, is it possible if I were to open an overseas bank account locally which offer me higher FD rate? This post has been edited by wwc88: Sep 23 2014, 06:41 PM |
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Sep 24 2014, 01:17 PM
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#2
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Junior Member
98 posts Joined: Feb 2008
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QUOTE(adele123 @ Sep 23 2014, 11:19 PM) You have forex risk. and maybe stability risk for some countries. What about those forex FD account which offer 10++% to 20++% rate as per the link above?You can always open foreign fixed deposit accounts with local banks, but the best interest given is new zealand dollar and not that much higher than ours anyway.  |
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