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Offshore Bank Savings and Checking Account Calculator

Money flows from one's pocket to another or from one's ewallet to another. With the invent of internet and exponential growth of electron trading gave birth to the concept of off shore banking. In past, US law restricted access to US banking account to holders who were US nationals or resident for individual banking account or to foreign companies registered in US. Nowadays its a different story altogehter where a foreign national is allowed to open an offshore checking account at an online US bank. Most checking accounts do not pay an interest in contrast a Savings bank account at a US bank will pay the account holder a constant stream of interest earnings that is compounded continuously. Here on this page you will find an online bank savings calculator and a MS Windows version of the savings calculator. You will see the amount of interest earned over a time span with interest amount that is accrued when the interest is compounded continuously instead on daily, weekly, fornitghtly or monthly compounding.

Bank Savings Account Calculator

Bank Savings Account Calculator
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