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I wish there was an easy way to do this. Maybe there is and I just don't know about it. I would like to just press a button on my bank's website that converted it from USD to whatever.
I was looking at savings account options today that are better than my local bank. Washington Mutual is 4% if you get a free checking account also, which appears to be really good since there isn't a minimum balance. INGdirect and HSBCdirect don't look bad either. Do any of these have foreign currency savings?
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