Healy Consultants will assist our Clients open personal and corporate international currency deposit accounts to optimise investment returns on cash deposit savings. The following will help you make an informed decision on whether an international currency deposit account is the optimum solution for your savings strategy.

International currency deposit accounts are perfect for individuals who are able to tie up large cash sums for fixed periods of up to five years.

Most international currency deposit accounts feature high interest rates, although once the account is opened access to funds may be severely restricted without incurring large penalties.

International currency deposit accounts are an arrangement whereby an individual or organisation places funds in an offshore account for a fixed amount of time. Our clients enjoy the certainty of knowing exactly how much interest they are going to earn.

The fixed term typically ranges from as little as one week to as much as five years.

Most international currency deposit accounts accrue interest daily and are credited quarterly.

Account features and requirements vary from bank to bank. For example, HSBC offers high interest rates to its Premier customers, while Citibank does not require that the client hold a current account with the bank. Meanwhile, DBS Bank allows clients to use their deposit account as collateral to apply for an overdraft facility at competitive rates;

Most international currency deposit accounts feature 24 hour telephone and Internet banking.

Healy Consultants assists clients to open international currency deposit accounts in major world currencies

Our banking team will assist with all aspects of the account opening process from i) advising our client on the most suitable account available in the market and ii) liaising with the bank during account opening, including completing application forms, paying the initial deposit on our client’s behalf, and handling post-account approval formalities, including forwarding bank correspondence to our client.