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Topic: HSBC offshore savings?  (Read 765 times)

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HSBC offshore savings?
« on: December 21, 2009, 05:28:08 PM »
Hello!

I am considering moving some of my savings to a USD/GBP offshore savings account from HSBC.

Any pros/cons/good/bad experiences?

Thanks in advance.



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Re: HSBC offshore savings?
« Reply #1 on: December 21, 2009, 06:21:25 PM »
I don't have experience with HSBC for offshore savings, although I have UK accounts with them and the service is OK.

If you are a US citizen, the IRS will tax you on worldwide income, so an offshore account might not benefit you.


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