So far my interest income is minimal. You’d better consult a tax accountant before placing large sums there. Last time I walked in a UK branch n asked for info on higher interest rate accounts but it seems like they r all for local people.
With the KYC I understand that they r not keen to get new deposits.
I haven’t opened the Singapore account yet (phone interview next week) so sorry don’t know the interest rates there. However, since Singapore does not have interest income tax it’s more likely for me to place deposits there. I have Aussie residence n hate to deal with complicated tax matters.
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