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Posted 19 October 2004 - 04:54 AM
Posted 19 October 2004 - 05:46 AM
I consider anything that it not protected by FDIC as not safe. One really have to do a good homework before dealing with an offshore bank. I could not find any feedback about rsal.cz on Google. If anybody has an experience with this bank, please share it with us.
Posted 07 January 2005 - 07:17 AM
Posted 18 February 2005 - 06:22 PM
The downside is they usually only pay interest yearly, even though it compounds more frequently. It's a bit different dealing with offshore banks, but it's definitely an eye opener.
Posted 04 June 2006 - 01:58 PM
Honestly it does not make sense to go to unkown and strange institutions when you have a combination of reliability and confidentiality ready for you!And, at the same time, it does not make sense to get "locked" into institutions that due to their fame and perceived titles, offer you much lower returns than what they get for your money.
Today, the world is much more flexible and what was considered a secure method to invest simply with banks, is irrelevant and even a mistake in the actual world of global and licensed exchanges, brokers, online trading and many related features.
I suggest that you contact Trusterbank.