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Alternatives to HSBC, since they are dropping DirectConnect? Q_Lover 11-05-2006
Posted by Q_Lover on November 5, 2006, 6:59 pm
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 Anyone have any suggestions for an alternative to HSBC for short term
cash. I've been very happy with their 5.05% return.... but now that they
are dropping DirectConnect, it's time to look around again.

Who's paying this kind of return - and offering DirectConnect?

Regards,

QL

Posted by A Count on November 6, 2006, 3:36 pm
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> Anyone have any suggestions for an alternative to HSBC for short term
> cash. I've been very happy with their 5.05% return.... but now that they
> are dropping DirectConnect, it's time to look around again.
> Who's paying this kind of return - and offering DirectConnect?
>

Several banks offer high yeild savings accounts by the internet...just
google for them.

Something else to consider if you are in the U.S. are ETF's that represent a
holding of a foreign currency and pay the overnight interest rate. For
example there is ticker FXB...



Posted by Peregrine Maitland on November 14, 2006, 1:47 am
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See here:
http://www.bankrate.com/brm/rate/mmmf_highratehome.asp?web=brm&params=US,416&prodtype=chksav&market=416&product=33&state=US&sort=2

Peregrine Maitland

> Anyone have any suggestions for an alternative to HSBC for short term
> cash. I've been very happy with their 5.05% return.... but now that they
> are dropping DirectConnect, it's time to look around again.
>
> Who's paying this kind of return - and offering DirectConnect?
>
> Regards,
>
> QL



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