Comments on: Should You Invest in Foreign Currency Accounts?

By: Education For Life Where Does Mike Huckabee Stand On Education And The Arts (Adult Literacy) - Education For Life

Fri, 17 Oct 2008 14:44:57 +0000

[...] Should You Invest in Foreign Currency Accounts?If you plan to send your child to study in Australia, saving your child s education fund in an Australian Dollars denominated FCA will save you the worries of Australian Dollars appreciation. 4. For non-resident employed in Malaysia to … Share and Enjoy:These icons link to social bookmarking sites where readers can share and discover new web pages. [...]

By: KCLau

KCLau — Fri, 20 Jun 2008 02:28:31 +0000

@ CK

Thanks for the info

By: ck

ck — Fri, 20 Jun 2008 02:21:26 +0000

Thanks for your sharing…

Some extra info:a fixed deposit FCA denominated in New Zealand Dollars gives 9.1% interest rate per annum for the period of 1 month, as offered by OCBC Bank.

Clocing date: 30th June 08

By: Daisy D.

Daisy D. — Sun, 24 Feb 2008 09:09:09 +0000

Thanks so much for your very thorough article which answered all my questions and doubts. It’s so refreshing to find all required info on one page, which is hard to find especially pertaining to Malaysia. And you saved me many hours of research too.

I was thinking of getting a FCA for future graduate study overseas but thanks to your help I know it’s not the best option at the moment.

Keep up the excellent work! Can’t thank you enough.

By: KCLau

KCLau — Thu, 17 Jan 2008 03:36:40 +0000

I don’t know much about FCA in China. My article is about FCA set up in Malaysian banks.

By: louise

louise — Sun, 13 Jan 2008 11:35:36 +0000

Thanks for the information. It’s great. I’m still not sure whether I want to do this. I am working in China, there is a certain amount of money that I need to transfer home every month but I do have some savings in China. As you know, all Chinese yuan need to be converted before getting out of China except for RMB 20,000 cash which everyone is allowed to bring out of China when travel out. To actually gain something from FCA, I would have to pay attention to exchange rates in order to gain currency difference, yes? Would you kindly share your advice to people like me?

By: KCLau

KCLau — Tue, 11 Dec 2007 09:47:39 +0000

Thanks ChampDog, you are my frequent reader.
I am really glad that my article provides relevant information to you.

By: ChampDog

ChampDog — Mon, 10 Dec 2007 02:42:19 +0000

I agree. I think FCA is not for me either at the moment. I do not have enough cash to play this game also. Good article and thanks for the sharing.