Are there any interest paying internet banks that I can open an account converting US Dollars to Euros?

In the future I don't want to be heading to the grocery store with a wheelbarrel full of US Dollars to buy a quart of milk and they steal my wheelbarrel! It is a fact US Dollars (USD) are worth less and less these days. The Euro continues to be worth more in comparison to USD.

As foreign countries continue to divest themselves of USD America will soon face another major depression. That's the way American Republicans want it. I don't know why but that's the way it is.

I want to be holding Euros when this economic collapse happens. Right now my money works for me making 5% interest in an internet bank but the problem is that it is in USD which I no longer trust as appreciable currency. Therefore, I would like to find an internet bank that can do the following: #1.

Pays near the 5% interest I am already getting. #2. Can convert USD to Euros 3.

Can be held in Euros instead of USD. Anyone have any informacion? Asked by Tamaii 50 months ago Similar questions: interest paying internet banks open account converting Dollars Euros Business > Financial Planning.

Similar questions: interest paying internet banks open account converting Dollars Euros.

Yes, try everbank.com" rel="nofollow">everbank.com, lots of options there You can open a bank account in any number of foreign currencies. You can get foreign denominated CD’s that pay good interest too. This bank has lots of options for securing your money against the falling dollar, including gold and silver investing.

And it’s FDIC Insured. I suggest opening an account in Euros for example, then opening a free checking with them as well. That way, if you need to convert your money from Euros to spend it here, you can just easily transfer it to your Free Everbank Checking account and write checks right away.

You can conversely deposit money into your Free Checking and transfer it to your Foreign Currency account. I highly recommend it. Kim Sources: everbank.com" rel="nofollow">everbank.com .

EverBank... Is the only one I know of, they have a Foreign Currency CD & Money Market Accounts.

You might consider... ...HSBC Bank International ( offshore.hsbc.com/1/2/international/curr... )They offer accounts in sterling, US dollars or euro. However, the interest rate is nowhere near what you are seeking. The best you can get is 1.19000%.

ptshamrock.com/webacc.htm is another possibility. And this is what one expert says about it:"I'm not very dollar confident and, at the moment, my feeling is that Euros (bought on dips) might be a good way to stay leveraged (outside of buying foreign stock). Those in Argentina during the recent crisis who survived financial ruin were those with (in that case) US Dollar denominated accounts.

Apparently that is common there but, in the US, having a Euro denominated account does not seem to be an easy task. As long as the Euro account is interest bearing at a fairly competitive rate, this would be a great hedge against a further decline of the US dollar. I am a US resident and I still have a bank account in Germany.

I left the country 6 years ago and have no residence there. The key is that the bank wants your US address and your social security number and will issue a 1099 to you. I am with Deutsche Bank and handle almost all banking online (which is not too much anymore).

I also know Swiss and German's that open account in the respectively other country without a residence there. Most EU countries (Austria as a sample was know for relative lax reporting laws) I know don't require a residence. I just called the Deutsche Bank call center in Germany and got the details : You can open an account as a foreigner with no problems.

There are some issue though : a) their official language is german. They can answer emails in english etc. But you will need to fill out German forms that you can download from the Internet. Also phone banking is German only.

B) they obviously recommend to do Internet banking c) The forms on the Internet should be preferrably filled in handwritten and some of them need to be notarized by a German consulate or embassy and then mailed to them. Obviously you can also show up in person if you happen to be e.g.In Frankfurt. D) you can then deal with all your investments via email to your customer care rep.

Expect to have higher commissions then the US, it is by far not as comeptitive in Germany. Also you can just put some money into e.g. 30 days fixed savings that automatically extend if you want it reasonable liquid. E) you can also get a atm card if needed and get money out of ATM machines if you e.g. Are in euro country and want to save on currency conversion f) they will only run the account on a 'plus' basis meaning you can't overdraft (most German accounts have overdraft with around 1-3 montly salaries as the amount) g) they will report to the IRS So in general, if you are really willing to spend some time, it is not a big deal especially if you are not too far away from a German consulate.

" Sources: http://www.associatedcontent.com/article/93469/how_to_open_a_euro_denominated_bank.html .

1 Converting your US dollars directly to Euros simply for the purpose of holding them and earning bank interest is a fairly lousy proposition at this time because of the poor exchange rate. You will loose too much in the conversion. A far better plan would be to put your dollars in currently low priced Euro-based investments that you are confident will increase in Euro value over time.As they do, you can trade them in for Euros and bank that if your goal is to accumulate cash assets.

Converting your US dollars directly to Euros simply for the purpose of holding them and earning bank interest is a fairly lousy proposition at this time because of the poor exchange rate. You will loose too much in the conversion. A far better plan would be to put your dollars in currently low priced Euro-based investments that you are confident will increase in Euro value over time.As they do, you can trade them in for Euros and bank that if your goal is to accumulate cash assets.

Do banks chage a fee above the exchange rate for exchanging dollars into foreign currencies such as pounds or euros" "where in the u.s. Can I get my u.s. Dollars converted to euros?" "Which Banks in Bangkok, Thailand.

Accept the tourist to open an account? " "If I was to put half a million euros on a bank account in some bank in Europe, what would the interest be on a monthly" "I cannot get my wireless internet to open in "Guest Account" - "already running in another account" is all it tell me.

Do banks chage a fee above the exchange rate for exchanging dollars into foreign currencies such as pounds or euros.

Where in the u.s. Can I get my u.s. Dollars converted to euros?

Which Banks in Bangkok, Thailand. Accept the tourist to open an account?

If I was to put half a million euros on a bank account in some bank in Europe, what would the interest be on a monthly.

I cannot get my wireless internet to open in "Guest Account" - "already running in another account" is all it tell me.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.