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Veiga · 01-07-2004, 09:32 AM

Hello

Due to the recent outvalue of the EURO currency (which wont last forever for sure) I was thinking about opening an offshore internet account to keep my value in USD until the EURO decreases it's value.

I found out HSBC offshore account as a good option for what I read and for what I know about them (big bank around the world).

My questions..
Is it wise to open an offshore account for my prupose? If not, what other options?
Is HSBC a good choise? If not what other banks do you suggest?
Is it safe? Do I have the risk of loosing all the money deposited there like what happen to John Jung? ;)

Thank you very much.

01-07-2004, 09:32 AM
Veiga Confirmed User Join Date: Jun 2001 Location: Portugal Posts: 157	Offshore internet account Hello Due to the recent outvalue of the EURO currency (which wont last forever for sure) I was thinking about opening an offshore internet account to keep my value in USD until the EURO decreases it's value. I found out HSBC offshore account as a good option for what I read and for what I know about them (big bank around the world). My questions.. Is it wise to open an offshore account for my prupose? If not, what other options? Is HSBC a good choise? If not what other banks do you suggest? Is it safe? Do I have the risk of loosing all the money deposited there like what happen to John Jung? ;) Thank you very much. __________________ Sell me your portuguese Traffic! Euro Luso