Opening a bank account in France is extermely difficult. I'm currently looking at Bank of Cyprus who have high interest Euro accounts.
I tried looking for those Luxembourg bonds but didn't know where to start. I got confused over thinking Eurobonds = Deposit Bonds but in Euros which I don't think is the case.
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That would be one option.Originally posted by doodab View Post
Another would be a Luxembourg domiciled investment fund - there are loads of those. You should have no difficulty finding a bond fund to invest in if you don't want to take the risk of investing in shares.Leave a comment:
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Sorry..messed up explaining my reasons why. I am currently (and for the forseeable future) taking out my income in euros, so I don't want to convert to sterling to put in a savings account, and then convert back to receive my income in euros.
I was previously using fixed term bonds in sterling for any additional cash in the business, and I'm trying to find a similiar type of savings vehicle.Leave a comment:
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Let me get this straight. You don't want to convert euro to sterling due to poor rates?Originally posted by DeadMansShoes View Post
It wasn't that long ago that the usual rate as €1.5 = £1. So although the euro is not quite as high as it was a few weeks ago, today the rate is €1.15 = £1 you would still get a much better return than has been typical over the past 10 years. Why would you wait?Leave a comment:
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Euro Bonds / Savings
I have an account with HSBC in Euros, which a client pays their invoices to. The money is currently just sat there, and I don't want to convert it into sterling due to poor rates. Does anyone know of any bonds / savings accounts that can be bought in Euros?
HSBC only have two products which pay < 0.08 %
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