I opened an IGoBanking Savings account last Sunday for their 5.30% APY, which is better than what I am gettingfrom HSBC and EmigrantDirect, two of my primary savings account. LastMondy, January 9th, two trial deposits were made to my Bank of Americachecking account to verify my ownership of the account that I providedduring the account application process. After the successfulverification, $10 initial deposit (I funded the account with a smallamount since I won't have an access to my account until a temporarypassword is mailed to me) was drawn from BoA account on January 10th.Today, January 13th, two pieces of mail with temporary password forboth me and my wife (I opened a joint account) arrived in the mail. Thewhole process took 6 days, much shorter than what it takes to open aHSBC account.

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