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Old May 9th, 2004, 01:25 PM
4000 psi
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Default multi-currency bank accounts?


"A Mate" wrote in message
. ..
All Australian banks offer accounts in other currencies (the AUD floats
free) - but they're not suitable for everyday operational acounts (for a
start most offer lower lower interest rates - whatever the reference rate

is
for that currency - 0% for the yen; etc- plus fees. The AUD is amongst the
highest reference interest rates for free floating currencies at the
moment).

Deposit boxes are available, but realistically you'd only put

exceptionally
valuable jewels etc in them. Safe custody is available everywhere (I mean
in every town with a bank of any kind) for documents etc.


what is the diff. between the two?


Frankly - I suspect I've responded to a bull**** post!!!!



no, this is for real, and thank you for the info.

"4000 psi" wrote in message
news:V0gnc.18692$ph.18202@fed1read07...
banks such HSBC offer multi-currency accounts ... has anyone ever used
it/them and does that work for everyday life's expenses? also, are

safety
deposit boxes a common service that the banks provide in AUS? thank

you!