ASP

I looked into this quite thoroughly a few months ago, but had safety of my deposit as top priority. The main problem with any mixed currency bond or savings account is going to be that interest is paid at a lower rate than if you had your money spread amongst top-rated savings accounts in a few different countries.

The bank I looked at is Everbank in the USA, I think they use around a dozen currencies but as I say the interest rates are quite dire at the moment. Saying that it is a great account for hedging against currency rate movements. They offer CD's as well as an MMA (Money Market Account) instant access savings.

Better rates can be got by opening savings accounts in some Asian countries and also Australia but that brings the hassle of getting through the account opening process and also transferring funds between different institutions in differnt countries. Going down the Everbank route makes things a lot easier and they will deal with UK Residents.

If you find any alternatives please post details on this thread,

Cheers

ATM