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Are There Any Good Deals On Certificates Of Deposits In Foreign Banks?

Thursday, October 3, 2013 - 2:19 PM
I am out there hunting for good deals.  I have no experience with foreign banks and need to know if anyone can steer me to a good deal on CDs in foreign banks.  Also, what type of insurance would a U.S. Citizen be covered under with any given foreign bank.  Any information will be appreciated.
SpringSpring6 posts since
Sep 10, 2013
Rep Points: 12
1. Thursday, October 3, 2013 - 10:42 PM
Utilizing the "Forum Search" feature with "foreign CDs" in
the keyword field produces the following links:

    Foreign CDs That Were Allegedly A Ponzi Scheme - KenBDG

    Risks Of Offshore And Foreign CDs? - KenBDG   

    Income Tax on Interest from Foreign CDs - KenBDG   

    EverBank's Foreign Currency CDs and Other Alternatives? - KenBDG
cumuluscumulus358 posts since
Jan 16, 2010
Rep Points: 1,675