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To: TobagoJack who wrote (53145)9/9/2004 3:39:43 AM
From: Taikun  Read Replies (1) | Respond to of 74559
 
Hello Jay,

I was wondering if you have any experience with/opinion of:

www.everbank.com

I am thinking of setting up a RMB account there.

I wonder if other banks offer RMB accounts with better yields-say in HK-for non-resident (ie US) investors. I wonder if HSBC offers a product. I'm not sure th Everbank RMB accounts have a yield.

For example, on NZ$ the Everbank yield is usually 100-150bp less than opening a non-resident account with ANZ.

Then again, the non-resident withholding tax takes a bite.

Cheers,

T


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