Yes there is interest fro USD FD
Don't go for local 3 banks useless. i am getting 1.45-2% for 1 yr term USD. Taking out liao
to do investment.
ever since the World Financial Tsunami, USD deposit has no interest.
For the balance that you do not intend to invest, can consider converting to AUD which pays the BEST interest for a good currency.
Are you getting interest for your USD FD ?
This is unusual ?
genting^2 ( Date: 22-Nov-2010 22:59) Posted:
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I have FD in USD for many yrs. As the exchange rate isn't good. it might be a better idea to invest in ADR, USD denominated e.g. Genting HK(USD).
Are you in Singapore? You should use SGD as your denominated currency at whatever financial transaction in the first place! Now you are complicated youself. Please contact any local Banks for advice!
genting^2 ( Date: 22-Nov-2010 19:58) Posted:
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No one can help
Hi,
I intend to use a USD bank account to issue cheque for payment to brokerage company. I already have some USD denominated FD. I intend to use that.
Can any experts tell me which bank offers check/savings (gives interest) ?