Has anyone experience in Dual Currency Deposits

[henna777]

Just come accross this product, never heard of it before but interest rates appear very attractive, I would look at sterling/euro but what are the main pitfalls, RBS do this and waiting for call to explain so in the interim any advice most welcome. Thanks

[mcflurry]

Don't forget the currency movement exposure, plus the spreads

Additionally, the forward rate will usually have the interest rate differential built in to the price...