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Foreign Currency Account

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GreenBulldog posted on Fri, Aug 19 2011 5:37 PM

With the debasement of USD, I've been trying to find ways to own foreign currency. 

 

So far, I looked into everbank, but they're under the KYC (know your customer) policy, which is basically, snooping into your account. 

 

merkfunds was another option, but since I want to stay liquid, that's out. 

 

HSBC's foreign currency savings account may be a good idea. I can open an account and use an US branch as proxy. 

 

Anyone done this before? Any opinions? Any suggestions?

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