Where to put the money?

  • bellyup
  • 10/10/08 09/01/10
  • a depositor
  • Offline
Posted: Tue, 15/12/2009 - 00:16

Where to put the money when we get it back?
Trying to open a bank account is like having teeth drawn they practically want the colour of your grandmothers camiknickers its not like you are asking them for money this is depositors.
The entire banking fraternity disgusts me.

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  • Valentine
  • 18/10/08 31/05/14
  • a depositor
  • Offline
  • Tue, 15/12/2009 - 03:48

You're not wrong about trying to open a new account, bellyup.
It took me about six weeks of toing and froing of paperwork to open an offshore account with HSBC in (no not IOM) Jersey, and that was using DHL - I was worried about the UK postal strikes.

I must say, though, it was worth the hassle. I received a debit card (in Thaland) a week after the DCS cheque was cleared. I then ordered a cheque book via the internet and it arrived after two weeks. I've found their internet banking site to be excellent. I still have an account with Barclays in the UK and have been trying for FIVE years to get a new credit card and cheque book without any success.

The only thing on the downside? It's probable that HSBC has some exposure to the Dubai debt default. But it's a huge bank and it's riding on the success of China.

Haven't we heard that all before, though?
Your mattress might be the best place after all.