1% interest rate

[santosg]

If someone has money in an offshore bank account and wanted to deposit some of that money in a banking account where at 1% interest rate over maybe a couple of years they can earn a substantial amount of money, what kind of account would this be? Savings account? Checking account? Ect....

 

[Martin Everson]

Don't waste your time thinking about any of this over a 1% interest rate .