In Australia HSBC offers foreign currency bank accounts, but I can't see that on the US site. I work for a fund manager not a bank. Would an ETF for high yiel

In Australia HSBC offers foreign currency bank accounts, but I can't see that on the US site. I work for a fund manager not a bank. Would an ETF for high yield, first world, countries fixed income products work? http://us.ishares.com/product_info/fund/index/FI.htm http://us.ishares.com/product_info/fund/index/FI.htm