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  • Profile photo of animal53animal53
    Participant
    @animal53
    Join Date: 2003
    Post Count: 2
    June 4, 2005 - 11:13 pm

    Pelican,
    I get 2 free currency switches per year all done with a phone call at short notice.

    Terryw,
    Banks can call in any loan at any time. If you return to live in Australia , as long as you are servicing the loan , they leave you alone.

    Cheers , Animal

    Profile photo of animal53animal53
    Participant
    @animal53
    Join Date: 2003
    Post Count: 2
    May 30, 2005 - 12:21 pm

    I work in Hong Kong and borrow Japanese Yen from Australian Banks there to purchase Australian property.Interest rate of 1.55% pa at the moment.It makes cashflow +ve a breeze.I don’t know why banks in Australia don’t offer it domestically. Maybe if enough borrowers asked , they would relent.

Viewing 2 posts - 1 through 2 (of 2 total)