UK based euro account
Discussion
I've recently sold the 993 into Europe and have taken payment in Euro's (Cash).
I now need to deposit in a bank and want to open a UK based euro account. I currently bank with HSBC but they want to charge me 1% cash handling fee n their euro account, which equates to quite a sum. Do I have to accept this or do any of you have experience of other UK banks with cheaper fees?
Any thoughts appreciated.
Andy W
I now need to deposit in a bank and want to open a UK based euro account. I currently bank with HSBC but they want to charge me 1% cash handling fee n their euro account, which equates to quite a sum. Do I have to accept this or do any of you have experience of other UK banks with cheaper fees?
Any thoughts appreciated.
Andy W
I went through something similar. Ditched HSBC due to the 1% handling fee and opened a Barclays account. They don't charge a handling fee nor the 4 Euro monthly account management fee.
Then open a forex account with UKForex. Transfer your Euros from Barclays to their acc. and convert when the rate is good. They will give you the best deal.
Then open a forex account with UKForex. Transfer your Euros from Barclays to their acc. and convert when the rate is good. They will give you the best deal.
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