A matter of some interest at Standard Chartered

A reader has complained bitterly to us over what he feels are Standard Chartered Bank's opaque practices with regard to time deposits.

He recently opened an integrated currency account with the bank in the hope of preserving his savings in a 12-month time deposit. This he did online and put in US$35,000 for which he receives the princely yield of 0.1 per cent. He also wanted a yuan time deposit but this could only be done at a branch.

via Business feed http://www.scmp.com/business/article/1138838/matter-some-interest-standard-chartered