Legal Question in Banking Law in Hawaii

Insured accounts
If you have more money than is insured by the bank i.e 20 millon dollars, how do you deposit all of it and have it all insured without opening lot's of accounts? Is it wise to open off shore accounts or is that only if you are tring to hide money for the government or a spouse?

Asked on 3/01/05, 6:15 pm

Jon Zahaby Tour bus, scenic and sightseeing, operation

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Re: Insured accounts

http://www.fdic.gov/deposit/deposits/insured/index.html

Above is a guide for FDIC accounts. Have a look. If you still have questions feel free to call me at 808-526-0892

Aloha, Jon A. Zahaby

Answered on 3/01/05, 11:15 pm

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