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Elroy Jetson

12/16/05 9:02 PM

#7446 RE: Bullwinkle #7445

The Citibank Australia Online Cash Manager Account is an Australian Dollar account, paying 5.50% on Australian Dollar deposits.

http://www.citibank.com.au/portal/citiwm_home_center.jsp?frameset=centerFrameset&productID=Depos....

You'll discover that opening a foreign currency account in the home nation of your desired currency pays far better, even after accounting for foreign tax witholding etc, than going through an intermediary like Everbank.