How do I get a € Euro bank account?

henm2 wrote: »

HSBC offer a currency account where you have a choice of 14 currency accounts(Euro is one of them). No account fee. You manage your account via online banking. You do however need to be an existing customer with a current account.

http://www.hsbc.co.uk/1/2/currency-account/in-detail

Like Citi, Lloyds and others a minimum of £1500 +, £1750 with HSBC

Minimum wage at 40 hours x 4 is £1152.00, the majority of UK people dont make the minimum funding. Millions upon many many millions. We are heading for a 2step financial system... basic accounts and post office accounts for DWP/low pay, banking benefits for those above £1500 or who pay a monthly fee, US commercialism.

grumbler wrote: »

The only requirements were:

• receiving incoming € payments.
• using € for spending in Europe.

It meets both.
Everything else, like "free transfers between B accounts via phone only, payments anywhere else are in branch only" is absolutely irrelevant, and I made it clear that it comes without a card.

It is not 'irrelevant' who wants to call the bank from Europe to transfer money to a Barclays account with Euro spending fee transactions, or fly home to use a branch to pay something to a local EU business, when it can be done online - but Barclays offer no such thing.


At least Nationwide International transfers to a UK Nationwide account with free EU spending on a debit or credit card.


Barclays offer nothing of substance in comparison.

grumbler wrote: »

Do you not understand that what you say makes no sense?
What 'call/flight' from Europe? What 'transfer' to 'local business'?
And do you still not understand that all € transfers from UK are not free?

Before leaving to Europe you simply go to a branch and withdraw € notes. As simple as that. Of course, a card would be better, but I am yet to see a € account with a card in UK.

Yeah. First you convert € to £ for ~3%, then you convert £ to € back for free. And for this you'll need either a credit card or a pay-for FlexPlus account.

It would be much easier simply to receive € payments directly to a £ account without any € account.

Take a break :coffee:


Surely if you say so ...

:rotfl: I'm not going to answer most that waffle, better things to do. Perhaps you should know or read about a products offering/s before recommending.



http://www.barclays.co.uk/Otheraccounts/Currencyaccounts/euroAccountndashTheidealeurobankaccount/P1242557963870

What you get

An account that helps reduce the risk of fluctuating exchange rates

Chequebook and/or Creditbook

Regular statements to help you keep track of your money

Free transfers between your euro account and Barclays sterling account

See our euro account rates and charges http://www.barclays.co.uk/cs/Satellite?blobcol=urldata&blobheadername1=Content-Type&blobheadername2=Content-Disposition&blobheadervalue1=application%2Fpdf&blobheadervalue2=attachment%3B+filename%3D230eurosavings051116.pdf&blobkey=id&blobtable=MungoBlobs&blobwhere=1367523873648&ssbinary=true


How it works
Transfers and payments
To transfer money to and from your euro Account, call us on *0845 165921 1, or +44 191 541 2009 if you’re calling from abroad.
To make a payment from your currency account to another company or individual, please visit your local branch.
Statement frequency, certificate of interest and financial history reports
Statements for your currency account are sent on twice a year from the date you opened your account. Statements are also available on a daily, weekly, monthly, and quarterly basis. Fees apply, as contained within our Foreign Currency Account rates and charges guide.


You can get a statement of interest by calling us. It shows interest details for an account for both a calendar and financial year, which is sometimes required for tax purposes. Financial history reports are also available on request and show more detail than a normal statement. Fees apply for both of these, as you can see in within our Foreign Currency Account rates and charges guide.
Closing your account
To close a euro Account, please call us on the number above.



This account may suit you if:
You make a lot of euro payments
You receive a lot of euro payments
You want to reduce exchange rate risk
See our alternative accounts if:
You need to bank in another currency
You are looking for a currency deposit account http://www.barclays.co.uk/cs/Satellite?blobcol=urldata&blobheadername1=Content-Type&blobheadername2=Content-Disposition&blobheadervalue1=application%2Fpdf&blobheadervalue2=attachment%3B+filename%3D9911231LP0416.pdf&blobkey=id&blobtable=MungoBlobs&blobwhere=1367524784162&ssbinary=true

Apply for a euro Account
You need a Barclays sterling current account before you can open a euro account. See our Current accounts
If you have a Barclays sterling account you can apply in branch for your euro account
Apply in branch

SLZ wrote: »

Comdirect.de is the best option, no fees, debit card and access to credit cards if you want them. Don't need to be present in Germany to open an account.

Exactly, but others on these boards only like their own recommendations, not someone else's, I always provide choice with positives and negatives because I read about financial products in full.


My comdirect application is in the post for signing after a quick phone call to them. Easy peasy german squeezy