Interest Rates
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I have forward bought on the FOREX market Euros 75,000. I am looking to deposit this in Spain for about 3 months. Who pays the best interest rates with 100% security?
Please advise.
Rapp
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Hi Rapp
Not sure of the details behind it but Barclays seem to be offering a staggering 10% on a savings account at the moment...but like I said, not sure what the conditions are behind it.
Otherwise I think a good savings accounts tends to offer Euribor - 0.5%.
That's about as much as I know!
Justin This message was last edited by EOS Team on 11/5/2007.
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Hi Rapp,
Bit confused by your comments. If you have bought Euro's forward, you won't have the funds to deposit until the settlement date you have agreed with the Currency broker/Bank. Are you therefore looking to deposit sterling to cover your future purchase of Euro's or have you already physically bought the Euro's?
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Hi
Im Trying to find the best internet or branch bank that offers the best interest.
Is there any websites like our moneysupermarket.com that compares all spanish banks?
Regards
Iain
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