The Sunday Independent have a well researched article today on how to open USD and GBP accounts in Ireland:
Some interesting quotes:
BOI are offering good GBP rates in NI :
Investec are now offering retail AUD accounts with a good rate:
HSBC Ireland offer GBP and USD accounts but are subject to large minimum balances:
Avoid NIB if you want a return:
On non EUR account protection:
And a strange comment from AIB:
Some interesting quotes:
BOI are offering good GBP rates in NI :
Bank of Ireland's one-year fixed sterling account pays 2.8 per cent interest, while its two-year fixed account pays 3.5 per cent interest.
Investec are now offering retail AUD accounts with a good rate:
Investec's 12-month fixed currency deposit accounts pay 1.1 per cent interest on US dollars, 1.85 per cent on sterling, 5.75 per cent interest on Australian dollars and 0.55 per cent interest on Swiss francs.
HSBC Ireland offer GBP and USD accounts but are subject to large minimum balances:
HSBC Private Bank's interest rates depend on the amount of money on deposit, the currencies chosen -- and how much money is saved in each currency, and the term of the account. Its basic deposit rates are usually between 0.5 and 1 per cent -- but interest rates of between 3 and 5 per cent can be available depending on the product and term.
Avoid NIB if you want a return:
National Irish Bank's currency accounts don't pay any interest.
On non EUR account protection:
Is my money safe if the bank I lodge it with goes bust?
Any money you have on deposit in a non-euro currency gets the same protection that it would if in euro.
And a strange comment from AIB:
"The use of such accounts for purely speculative purposes would be discouraged."