Question about paying Euro's into a Lloyds UK Account...

Question about paying Euro's into a Lloyds UK Account...

Author
Discussion

Nicko_12345

Original Poster:

1,154 posts

206 months

Tuesday 1st December 2009
quotequote all
Never paid euro's into my uk lloyds account, how doe sit work? do i just pay in the euro's and get that day exchange rate?

Its just a standard personal gold uk account?

Thanks

Nick

Nicko_12345

Original Poster:

1,154 posts

206 months

Wednesday 2nd December 2009
quotequote all
Anyone????

Simpo Two

86,682 posts

271 months

Wednesday 2nd December 2009
quotequote all
You may need to open a Euro account.

Of course you could always ask them - you can't ring the local branch of course, that would be too easy, but doubtless their website will allow you, after many clicks, to raise a support ticket or talk to a machine playing music at premium rate.

Actually I just realise why you posted here first! (the Business forum might be more productive)

rocksteadyeddie

7,971 posts

233 months

Wednesday 2nd December 2009
quotequote all
If your UK account is a Sterling account they will convert them on receipt using the 'God-awful' rate-of-the-day. If it is a Euro account then it will credit like and normal inward payment.

HTH

Nicko_12345

Original Poster:

1,154 posts

206 months

Wednesday 2nd December 2009
quotequote all
Simpo Two said:
You may need to open a Euro account.

Of course you could always ask them - you can't ring the local branch of course, that would be too easy, but doubtless their website will allow you, after many clicks, to raise a support ticket or talk to a machine playing music at premium rate.

Actually I just realise why you posted here first! (the Business forum might be more productive)
I can see your a Lloyds customer (or ex customer) as well, i tried calling and after 15min of 0845 numbers i gave up.

Euro account, is that free of charge to set up?


Thanks

Nicko_12345

Original Poster:

1,154 posts

206 months

Wednesday 2nd December 2009
quotequote all
rocksteadyeddie said:
If your UK account is a Sterling account they will convert them on receipt using the 'God-awful' rate-of-the-day. If it is a Euro account then it will credit like and normal inward payment.

HTH
Any idea what 500 euro's will get me?

Instead of paying in at the bank, where else can i change it?

rocksteadyeddie

7,971 posts

233 months

Wednesday 2nd December 2009
quotequote all
Nicko_12345 said:
rocksteadyeddie said:
If your UK account is a Sterling account they will convert them on receipt using the 'God-awful' rate-of-the-day. If it is a Euro account then it will credit like and normal inward payment.

HTH
Any idea what 500 euro's will get me?

Instead of paying in at the bank, where else can i change it?
A bit less than £500. Try Thomas Exchange or Travelex. Not sure what they can do without an account and you might find it's not worth the hassle. Lloyds should be able to tell you what st rate you will get in advance of you committing to it.

Edited by rocksteadyeddie on Wednesday 2nd December 20:16

Nicko_12345

Original Poster:

1,154 posts

206 months

Wednesday 2nd December 2009
quotequote all
Post Office® exchange rate
1.2112

You will receive
£412.81

yet the top site on google tell me that 500 euro is £451.95, so i would be charged a tad under £40 frown

rocksteadyeddie

7,971 posts

233 months

Wednesday 2nd December 2009
quotequote all
Nicko_12345 said:
Post Office® exchange rate
1.2112

You will receive
£412.81

yet the top site on google tell me that 500 euro is £451.95, so i would be charged a tad under £40 frown
1.2112 sounds harsh. Try calling those guys in the morning and see if they can help you out.

Nicko_12345

Original Poster:

1,154 posts

206 months

Wednesday 2nd December 2009
quotequote all
rocksteadyeddie said:
Nicko_12345 said:
Post Office® exchange rate
1.2112

You will receive
£412.81

yet the top site on google tell me that 500 euro is £451.95, so i would be charged a tad under £40 frown
1.2112 sounds harsh. Try calling those guys in the morning and see if they can help you out.
Will do.

Thanks beer