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  #4  
Old 03-21-2005, 09:04 PM
RedFox
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Posts: n/a
Default Re: Dollar-Euro conversions .......try EverBank

Thanks for the conversion information. Will check into it.

I believe ING Direct (www.ingdirect.es) in Madrid, Spain is offering about
2.5% for euro Orange Accounts.

They also have a branch in the US (www.ingdirect.com) and the HQ is in the
Netherlands.

Cheers

RF


"Ignoramus3417" <ignoramus3417[at]NOSPAM.3417.invalid> wrote in message
news:d1ifa5$2g3$0[at]pita.alt.net...
- quote -

> On Sat, 19 Mar 2005 15:05:57 CST, Nashville Pete
<poremskinospam[at]comcast.net> wrote:
> > > "Ignoramus3417" <ignoramus3417[at]NOSPAM.3417.invalid> wrote in message

> > news:d1hc31$jd0$2[at]pita.alt.net...
> > > On Sat, 19 Mar 2005 04:10:57 CST, Nashville Pete
> > > <poremskinospam[at]comcast.net> wrote:
> > > > Try http://www.everbank.com/ for information on foreign currency CD's.

> .................................................. .........................
> > > 3. The rates that they pay on Euro CDs are abysmally low, only
> > > 0.85%. That's ridiculous and I am looking to take my business
> > > elsewhere.
> > > > You're correct.

> > They have some Index CD's, weighing multiple currencies, that have 4+ %
> > yield. I am more concerned about the decline in the US dollar vs other
> > currencies than I am about selection among other world currencies and
> > various Index CD's.
> > I personally want to invest in euros. However, I am looking for a

> better yield on my euro assets.
> i


  #3  
Old 03-20-2005, 10:55 AM
Ignoramus3417
Guest
 
Posts: n/a
Default Re: Dollar-Euro conversions .......try EverBank

On Sat, 19 Mar 2005 15:05:57 CST, Nashville Pete <poremskinospam[at]comcast.net> wrote:
- quote -

> "Ignoramus3417" <ignoramus3417[at]NOSPAM.3417.invalid> wrote in message
> news:d1hc31$jd0$2[at]pita.alt.net...
> > On Sat, 19 Mar 2005 04:10:57 CST, Nashville Pete
> > <poremskinospam[at]comcast.net> wrote:
> > > Try http://www.everbank.com/ for information on foreign currency CD's.

> .................................................. ........................
> > 3. The rates that they pay on Euro CDs are abysmally low, only
> > 0.85%. That's ridiculous and I am looking to take my business
> > elsewhere.
> > You're correct.

> They have some Index CD's, weighing multiple currencies, that have 4+ %
> yield. I am more concerned about the decline in the US dollar vs other
> currencies than I am about selection among other world currencies and
> various Index CD's.


I personally want to invest in euros. However, I am looking for a
better yield on my euro assets.

i

  #2  
Old 03-19-2005, 08:05 PM
Nashville Pete
Guest
 
Posts: n/a
Default Re: Dollar-Euro conversions .......try EverBank


"Ignoramus3417" <ignoramus3417[at]NOSPAM.3417.invalid> wrote in message
news:d1hc31$jd0$2[at]pita.alt.net...
- quote -

> On Sat, 19 Mar 2005 04:10:57 CST, Nashville Pete
> <poremskinospam[at]comcast.net> wrote:
> > Try http://www.everbank.com/ for information on foreign currency CD's.

.................................................. ........................
> 3. The rates that they pay on Euro CDs are abysmally low, only
> 0.85%. That's ridiculous and I am looking to take my business
> elsewhere.

You're correct.
They have some Index CD's, weighing multiple currencies, that have 4+ %
yield. I am more concerned about the decline in the US dollar vs other
currencies than I am about selection among other world currencies and
various Index CD's.

  #1  
Old 03-19-2005, 01:17 PM
Ignoramus3417
Guest
 
Posts: n/a
Default Re: Dollar-Euro conversions .......try EverBank

On Sat, 19 Mar 2005 04:10:57 CST, Nashville Pete <poremskinospam[at]comcast.net> wrote:
- quote -

> Try http://www.everbank.com/ for information on foreign currency CD's.

I am a everbank customer and I spoke to them yesterday.

There are 3 things that I learned:

1. The exchange rate is the spot rate plus/minus 3/4 of a
percent. That's sensible to me.

2. If I decide to move my euro account elsewhere, they can make a
transfer in euros so that I do not pay capital gains taxes.

3. The rates that they pay on Euro CDs are abysmally low, only
0.85%. That's ridiculous and I am looking to take my business
elsewhere.

i

- quote -

> "RedFox" <RedFox[at]NoDen.con> wrote in message
> news:iUE_d.13962$cN6.13718[at]newsread1.news.pas.earthlink.net...
> > I am planning to convert a dollar fund into Euros and am looking for a
> > source of information about the process, with the aim of getting the best
> > exchange rate. I was unable to find an NNTP newsgroup related to this
> > matter
> > but there are probably private ones..
> > > Undoubtedly this process is a minefield and I'm wary. I have seen a claim

> > that up to $1000 can be saved per $100,000 with the right exchange.
> > > Comments appreciated.
> > > TIA
> > > RF

>


--

 
Old 03-19-2005, 09:10 AM
Nashville Pete
Guest
 
Posts: n/a
Default Dollar-Euro conversions .......try EverBank

Try http://www.everbank.com/ for information on foreign currency CD's.

"RedFox" <RedFox[at]NoDen.con> wrote in message
news:iUE_d.13962$cN6.13718[at]newsread1.news.pas.earthlink.net...
- quote -

> I am planning to convert a dollar fund into Euros and am looking for a
> source of information about the process, with the aim of getting the best
> exchange rate. I was unable to find an NNTP newsgroup related to this
> matter
> but there are probably private ones..
> Undoubtedly this process is a minefield and I'm wary. I have seen a claim
> that up to $1000 can be saved per $100,000 with the right exchange.
> Comments appreciated.
> TIA
> RF


  #-1  
Old 03-18-2005, 05:47 PM
RedFox
Guest
 
Posts: n/a
Default Dollar-Euro conversions

I am planning to convert a dollar fund into Euros and am looking for a
source of information about the process, with the aim of getting the best
exchange rate. I was unable to find an NNTP newsgroup related to this matter
but there are probably private ones..

Undoubtedly this process is a minefield and I'm wary. I have seen a claim
that up to $1000 can be saved per $100,000 with the right exchange.

Comments appreciated.

TIA

RF

 

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conversions, dollareuro
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