Secure and well regulated financial services are
available on Anguilla. $US Certificate Of Deposits at local Banks such
as NBA and CCB
yield good interest rates without the
burden of taxes. Recently I found rates from 4 - 6.5% depending on the amount
deposited and the length of time. These are ideal for the young
professional Anguillians at home and overseas who are willing and able
to save. Accounts such "Young
Investor's"," New Baby" & "Holiday
Savings" which encourage both long-term and short term
savings are available at some local banks and it would serve us well
to take advantage of them.
Official currency is the East
Caribbean Dollar though the $US is widely circulated on the island and is accepted by local
business, and freely exchanged at the banks.